The updated version of the article states that the reciving officer gets a "loan" and that loan will be forgiven based on income. But if a homeowner sells before a specific period of time he will be required to sell to another eligible family or repay the money.

What about maintaining residency? Sounds like an opportunity for a suburban officer to buy a home in one of the better neighborhoods in the city and then rent that house out. I'd sure hate to think that those stimulus dollars are being used to subsidize a new generation of absent landlords. Even if they're good landlords, I don't think the intent is to create a situation where a thousand dollar investment creates an income stream for someone who still maintains residency outside of the city.