SINGLE_FAMILY - Other - Ithaca, NY
DEADLINE FOR APPLICATIONS TO PURCHASE HAS PASSED - LOTTERY BEING HELD SEPT 12 This is a Community Housing Trust home-- a shared equity program: homebuyer purchases only the house, and the CHT owns the land, keeping things affordable. Appreciation is limited to 2% a year, limiting profit when home is resold. The homeowner still builds equity, while keeping the home affordable for the next owner. Buyer needs to be pre-qualified with lender and meet INHS income guidelines.
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