The HCA-backed English Cities Fund's residential phase at St Paul's Square has become the only property in Liverpool city centre to be approved for the Homebuy Direct scheme.
ECF is a partnership between Muse Developments, Legal and General and the Homes & Communities Agency.
Under the Homebuy Direct scheme buyers are offered funding assistance by the Homes & Communities Agency in the form of up to 30% off the purchase price thanks to shared equity taken by developer and Government, with only a 5% deposit and mortgage for the remainder required.
The 10-storey apartment block containing 50 flats has sold slowly since completion in spring 2007 as part of the first phase of the mixed-use development by ECF.
But David Caught, ECF sales and marketing director said interest has risen markedly since the Homebuy Direct package was launched at a recent event for first-time buyers in Liverpool.
Apartments at St Paul's start at £99,950 for a one-bedroom apartment or £154,950 for a two-bedroom apartment.