JANUARY OPEN HOUSE! 55 & 53 Farrington Street
Happy New Year!
OPEN HOUSE! Newburgh Community Land Bank recently renovated 53 & 55 Farrington from top to bottom and are looking for Newburghers, who want to be first time homeowners!
If you are interested, have lived in Newburgh for at least five years, are a first time home buyer, and have a family household income under 80% of the Area Median Income (AMI)*. Please come to one of our open houses this January to see the properties and learn more:
THURSDAY, January 5th from 2-5 PM.
SUNDAY, January 8th 9 AM-12 PM
WEDNESDAY, January 18th 4-7 PM
SATURDAY, January 28st 9 AM – 12 PM
TUESDAY, January 31st 2-5 PM
We look forward to seeing you there!
Questions can be emailed to: email@example.com
Sale prices for these sweet two bedroom historic homes are $75,000 each (around $850-950 per month incl. property taxes). These two Farrington Street properties are the only properties we have available for first time homebuyers in move-in condition at this time.
The requirements for these properties are that you will be an owner occupant, make under 80% Area Median Income (about $65,000 for a family of 4), be a Newburgh resident for at least 5 years, and are able to secure financing. We are partnering with PathStone to provide no-cost home buyer education and counseling along with access to any grant funds for downpayment and closing cost assistance that may be available through their programs. PathStone will also assist in evaluating and qualifying each applicant.