Re: affordable cohousing, not "gated"/ Habitat
From: Elizabeth Magill (pastorlizverizon.net)
Date: Sun, 24 Jan 2010 15:56:56 -0800 (PST)
Right.
This is a state home buying program for people who make 80% of median income. It does not allow rentals, and you need to make close to 80% of median to qualify for the mortgage.



-Liz
(The Rev.) Elizabeth M. Magill
PastorLiz [at] verizon.net
Worcester Fellowship
PO Box 3510 Worcester MA 01613
www.worcesterfellowship.org
508-450-0431



On Jan 24, 2010, at 6:45 PM, Sharon Villines wrote:



On Jan 24, 2010, at 6:20 PM, Elizabeth Magill wrote:

So we can tell you what we know: the state believes that at $138,000,
$154,470 and $173,000 for a 1, 2, or 3BR home, people who make about
80% of the median income can afford our homes.

Just to clarify, they don't go below 80%? No 50% or 30%.

Sharon
----
Sharon Villines
Takoma Village Cohousing, Washington DC
http://www.takomavillage.org




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