Custom post type: display_on_homepage still not working

<div id="featured" class="clearfix flexslider">

    <ul class="slides">

        <?php
            $args = array(
                'post_type' => 'work'
                );

            $the_query = new WP_Query($args);

        ?>

        <?php if (have_posts() ) : while ($the_query->have_posts() ) : $the_query->the_post(); ?>

        <?php $display = get_field('display_on_homepage'); if ( $display[0] == 'Yes' ): ?>

            <li style="background-color: <?php the_field('background_color'); ?>";>
                <div class="container">
                    <div class="grid_8">
                        <img src="<?php the_field('homepage_slider_image'); ?>" alt="<?php the_title(); ?> Project Screenshot">
                    </div>
                    <div id="featured-info" class="grid_4 omega">
                        <h5>Featured Projects</h5>
                        <h3 style="color: <?php the_field('button_color'); ?>"><?php the_title(); ?></h3>
                        <p><?php the_field('description'); ?></p>
                        <a class="btn blue" style="background-color: <?php the_field('button_color'); ?>" href="<?php the_permalink(); ?>">View Project &rarr;</a>
                    </div>
                </div>
            </li>

        <?php endwhile; endif; ?>

    </ul>


</div>