Tax smart mortgages

I had a real estate closing the other day where the buyer had gotten a mortgage through Chicago's Tax Smart mortgage program and it's intriguing.

Doing a little research I note that both the City of Chicago and the State of Illinois have programs that allow qualified buyers to either get a nice tax credit or a lower interest rate. Income and price limits do exist. The income maximums are upwards of $60,000 so a lot of middle-class families should consider these programs.