Our SC Housing Mortgage Tax Credit Certificate (MCC) and SC Housing Homebuyer (BOND) programs are subject to county specific household income and sales price limits. Our bond program offers Forgivable Down Payment Assistance (DPA) with a zero percent (0%) interest rate and no monthly payments. The DPA is a second lien with 10 or 20 year terms based on the borrower(s) total household income. For borrowers with incomes at or below 80% AMI (Area Median Income) the term is 10 years. For borrowers with incomes above 80% AMI, the term is 20 years. If the borrower(s) remain in the home for the full term, the lien is forgiven.