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Commercial Development | Job Recruitment| Collaborative Partners
New Homes on the Westside
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The UCDC is acquiring vacant lots to
build new homes throughout the AUC communities. The new construction
will be a balance of market rate and affordable housing, with an
emphasis on affordable ownership. The design will be in keeping with the
historical character of the neighborhoods. The construction and building
materials will be of the highest quality. Owners will have a range of
options for floor plans, and amenities. The 3 to 4 bedroom units come
with 2 or 2.5 baths. Nine homes have been completed and sold so far,
with an additional six homes to be completed this year.
Housing
Rehabilitation Initiative
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This on-going
program has the UCDC acquiring abandoned or dilapidated housing,
rehabilitating the property, and selling homes to families with
households in the affordable and market rate income ranges. Houses are
located throughout the targeted UCDC area. Three homes are currently
under scheduled for renovation and will be available Summer 2006. Homes are most often 2 or 3 bedrooms and 2 to 2 ½
baths. The price for the affordable units ranges between $145,000 and
$195,000. Market rate units will start at $200,000.
The UCDC offers homebuyer assistance under certain financing programs including down payment options, below market interest rates, and mortgage buy-downs to attract families in the affordable housing income range. For further information about our homebuyer assistance program, please contact Valerie Fountaine at VFountaine-ucdc@aucenter.edu, (404) 572-3697.
For more information about homeownership, contact: Dwight Dorsey at Success 2000 Realty, (404) 376-2568.