Program Features
- Down payment assistance of up to $10,000 for qualified buyers in select "challenged" neighborhoods
- Down payment assistance of up to $7,500 for qualified buyers in select "transitioning" and selected "stable" neighborhoods
- Pre-purchase homebuyer education
Eligibility
- Families with incomes that are 110% or less of the median income are eligible for assistance. - Participants must complete pre-purchase homebuyer education program.
- The home must be a family's primary residence and located in any of 87 designated neighborhoods.
- Maximum purchase price of home is $147,000.
- Employed police officers who purchase homes in designated neighborhoods are eligible for assistance up to $15,000.
How the program works
Banks apply for the program on behalf of qualified buyers. To find out if you are qualified, contact approved lenders, which are included in the list linked to this website.
The selected house must be located in one of the approved Charlotte Neighborhood Statistical Areas (NSAs). Each Charlotte neighborhood is grouped in an NSA, and builders do not use the same neighborhood names as the NSA listing. Buyers may check on the NSA of a particular house through this website.
In order to find out if a house is in a HouseCharlotte approved NSA, click on "Address Search" below. Enter the property address, determine NSA name, then cross reference that name to the Eligible Neighborhood list.
Once you have found a house in the appropriate NSA, ask your lender to apply for the HouseCharlotte program. You also must attend a homebuyers training course and counseling. In order to register for a course and counseling, buyers may contact Community Link at 800.977.1969.
Program Information
Program Overview
Frequently Asked Questions
Address Search (Determine NSA and cross reference with eligible neighborhood list below)
Eligible Neighborhoods
Inspection Request
Geography (Map)
Median Income Matrix
Lender Information
Program Application (to be completed by lender)
Guidelines for Completing HouseCharlotte Package
Approved Lenders (last update 6-26-09)
Become an Approved Lender
Lender Information Letter
Lender Agreement
- Exhibit A
- Exhibit B
Mortgage Servicing
HouseCharlotte Contacts
Program Information: Diane Adams - 704.336.2911
Mortgage Servicing: Denice Beteta - 704.336.5860
