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Home arrow The Longacre Project
The Longacre Project Print E-mail
Sunday, 06 May 2007
NEW HOPE COMMUNITY DEVELOPMENT
NON-PROFIT HOUSING CORPORATION
.....building a better community through home ownership

"THE LONGACRE PROJECT"

 
                                                 

These beautiful two story colonials are  part of an on going project called "Longacre". New Hope has built 22 homes in this six block subdivision and is planning to build over 45 more. Plans are being worked out to restore and demolish run down and abandoned buildings in the area. This is a neighborhood in the making. New Hope is trying to build the kind of community where the residents work together to accomplish what needs to be done. Every six months we come together to establish new relationships and let everyone know what to expect in the coming months. This gives the established residents a chance to meet the new homeowners that have bought or are buying into our community. These three bedroom, 2 and 1/2 baths, full basements and one and 1/2 car garage homes are selling for $129,000.00 with Down Payment Assistance available as needed to those that qualify. Some homes have income restrictions.  This means that the home buyer's gross annual income may not exceed a certain amount (see the chart below).  If you would like to know more you can call 313-255-6275.

U.S. DEPT OF HUD INCOME GUIDELINES:

1 PERSON.............$39,150.00                 2 PERSON.............$44,750.00
3 PERSON.............$50,350.00                 4 PERSON.............$55,900.00
5 PERSON.............$60,400.00
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Last Updated ( Tuesday, 26 February 2008 )