Doorway to Prosperity
How much assistance
$7,500 to $95,000 in combined down payment and closing cost assistance (amount varies by neighborhood and income tier) (Forgivable Loan)
Forgiveness terms not explicitly stated in available materials. Likely follows DreamKey/House Charlotte forgiveness structure (deferred forgivable loan). Verify with DreamKey Partners.
Eligibility
- Income limits: Household income at or below 110% of Area Median Income (AMI) for Mecklenburg County. Must also qualify for House Charlotte program.
- First-time buyer required: Yes — HUD definition — have not owned a home as primary residence in the past 3 years
- Geographic restrictions: Only available in specific DreamKey/True Homes developments in Charlotte: Dukes Ridge, Clark Village, Hoovertown/Wabash Avenue areas
- Homebuyer education required: Yes
Notes
Neighborhood-specific initiative — NOT a broad city-wide program. The $95,000 figure represents maximum COMBINED assistance from all layered programs (House Charlotte + state programs + this program). Must be House Charlotte eligible. 8 hours of homebuyer education required. Limited to new-construction homes in specific DreamKey/True Homes partnership developments. Availability depends on housing inventory in partner developments.