Applications are being accepted through April 24 for fair and affordable housing for sale in Westchester through a county government program. Three of the properties are located in Harrison.
These homes are single-family properties and condominiums, ranging in size, from one to five bedrooms. All of the homes are in good condition and located in the following communities: Bedford, Buchanan, Cortlandt, Harrison, Lewisboro, Mount Pleasant, North Castle, Pelham Manor, Peekskill, Pound Ridge, Somers, and Yorktown. The deadline for submitting applications to the Housing Action Council is April 24.
Westchester County purchased these homes at market value and is selling them at affordable prices to qualified individuals and families. The price for fair and affordable homes range $125,000 to $300,000.
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Qualifications for buyers to purchase an affordable home include:
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- A household income at or less than 80% of the Area Median Income for Westchester County: $60,400 for a one-person household; $69,000 for a two-person household; $77,650 for a three-person household; $86,250 for a four-person household ; $93,150 for a five-person household.
- Households must also have savings for a down payment and closing costs, satisfactory credit, and incomes sufficient to carry the monthly mortgage payments.
These 30-plus homes are among the 790 units that the county is developing in accordance with the 2009 housing settlement. The settlement permitted the county to satisfy up to 25% of the required 750 units with existing housing. The properties will remain affordable for 50 years.
For more information on the properties, go to www.housingactioncouncil.org.
