4338 Indiana

Description

Renovation of single family home for affordable homeownership.

$150,000 with substantial downpayment assistance available to qualified buyers

• Fully renovated – new appliances, HVAC, roof
• Sold at below market rate, making it attainable for households earning $40k – $80k
• Focus on investing in ‘once in a generation’ upgrades — including electrical, plumbing, roof and structural repairs; new HVAC and weatherization substantially reduces utility costs
• Main level includes 2 bedrooms and full bath with an additional upstairs dormer that works well as a small bedroom, office or playroom. Located near the new King Empowerment Campus, an early learning center and community resource development, adding value and convenience for families.

Household Support:

• The future homeowner takes part in a customized homeownership preparation and budgeting program as they transition from renting to owning
  • Households benefit from a breadth of financial and ownership logistics support
  • Relationship continues after purchase to help weather life crises that may impact their ability to manage mortgage payments