This is a multi-phase development project. Phase I is a certified affordable housing project. Buyers MUST meet the income eligibility guideline of 80% median area income based on 2023 HUD Income Limits. Find out if you meet income requirements based off your household size.
Buyers will need to submit the following documentation to determine eligibility; a lender pre-approval letter, two months of paystubs, six months of bank statements, three months of retirement statements, proof of all income for household, recent three years of tax returns signed, and a copy of Homebuyer Education Certificate (by HUD Certified Counselor). Additional Items required once under contract.
While under construction, buyer will need to submit a $1000 reserve toward the purchase price. In addition, buyer must have a minimum of $1500 in cash reserves in a depository or investment account prior to closing. Buyer will need to remain lender approved until construction is completed.
Claim your new home today! Let's get the process started and get the details you need to start your home buying journey. Find out how to apply.
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