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Community Heroes Homeownership Program

Administered by:
City of Charlotte / Federal Home Loan Bank of Atlanta
· City · Forgivable Loan
Funding status: Active

How much assistance

Up to $30,000 in down payment, closing cost, and interest rate buy-down assistance
Becomes a grant after 10 years of owner-occupancy. Full repayment required if home is sold or no longer primary residence before 10-year period.

Eligibility

  • Income limits: Household income between 80.01% and 120% of Area Median Income (AMI) for Mecklenburg County
  • Purchase price limit: $300,000
  • First-time buyer required: Yes — Has not owned a home in the past 3 years
  • Homebuyer education required: Yes

Learn More About Homebuying Assistance

Cities Where This Program Is Available (1 city across 1 state)