The title doesn’t do this justice: the offer is 10% of a home for free if you live there at least 5 years, and the only caveat listed is that you need to be making 80% or less of the median local salary.

Surely this has to be inflationary on prices.

If I compare to the Australian market this would be massive, but I’m led to believe US housing is a lot more affordable, and imagine the loans that would be offered to moderate to lower income earners would also be lower, so it might be akin to first home buyer grants we’ve had for $20k ish.