Why, first respondent, be so negative about this program? Did you even look at the website? It looks to me from the website Homes4NC that it will help plenty of people in NC. "Workforce Housing aims at satisfying the housing needs of family households earning 50% to 120% of area median household income (AMI) in a given MSA. Ideally, Workforce Housing aims at providing for ownership of single-family homes priced and financed in 30-year fixed-rate monthly terms equal to approximately 15% to 30% of median household income within a given MSA." I think it's a great idea and I'm glad someone is doing it.
More information about formatting options