Residents march down Beatties Ford Road, one of Charlotte’s Corridors of Opportunity where the city’s new homeownership assistance program will launch. (Photo by Grant Baldwin) The city of Charlotte on Thursday announced the launch of a new homeownership assistance pilot program that will provide up to $80,000 in funding for eligible residents looking to purchase a home in certain “areas of influence” within the Corridors of Opportunity. House Charlotte Plus will supplement the existing House Charlotte homeownership assistance program, which offers $30,000 for eligible homebuyers anywhere in the city, by offering an additional $50,000 to those who meet certain eligibility criteria, including making 80% of the area median income (AMI) or less. The maximum purchase price for homes to qualify for House Charlotte Plus funding is $300,000 for existing homes and $315,000 for new construction. The home must be located in areas surrounding the Charlotte’s six Corridors of Opportunity , where the city is investing $38.5 million into neighborhoods surrounding six historically underinvested areas : Graham Street/North Tryon Street, Sugar Creek Road at I-85, Albemarle Road/Central Avenue, Beatties Ford Road/Rozzelles Ferry Road, West Boulevard, and Freedom Drive/Wilkinson Boulevard. “House Charlotte Plus is another way the city is investing in […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
