High PriorityDevelopmentopen
Affordable Homeownership via New Home Program
Summary
The HRA is putting $240,000 into buying and rehabbing at least three houses that will be sold to families earning 80% of area median income or less. The community land trust model keeps the homes affordable permanently by holding the land separately.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Feb 17, 2026.
Impact analysis
💰Financial impact
$240,000 from the affordable housing trust fund, a state matching grant, and anticipated CDBG funding.
✅Who benefits
Moderate-income families get a path to homeownership they couldn't afford on the open market.
Mentions & discussions (1)
Related development
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