Lexington recognized for helping teachers with rising cost of living

May 30, 2018 | Posted By: Connor Watkins

Livability, one of the leading online resources used for researching communities and discovering the best places to live in America, praised Lexington and other South Carolina cities for it's involvement with the Palmetto Heroes program that assists teachers in buying homes and encourages them "to put down long-term roots." 

According to the SC Housing Finance and Development Authority, qualified applicants will have the opportunity to purchase a home with a four percent, 30 year fixed mortgage interest rate and receive up to $6,000 down payment assistance.

Those eligible for the 2018 initiative include:

  • Law Enforcement Officers
  • Firefighters, EMTs and Paramedics
  • Correctional Officers
  • Teachers
  • Nurses and Certified Nursing Aides
  • SC National Guard
  • Veterans

To see what other cities in the United States are doing to help teachers with the rising cost of living, read the full article : These Cities Are Helping Teachers Cope With Rising Cost of Living.

 

Learn more about the Palmetto Heroes program and its qualifications at www.schousing.com/Home/PalmettoHeroesProgram.