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April 27, 2009

Houston Hope - April 2009 Newsletter

OWN A NEW HOUSTON HOPE HOME TAKE ADVANTAGE OF TAX SAVINGS!

Dear Houston Hope Community Residents,

Find Us On FacebookWe are proud to announce that as of April 2009, Houston Hope has helped hundreds of families to own quality affordable homes in improved areas of the city. 

Houston Hope is Mayor Bill White's action plan to improve several of Houston's historic neighborhoods by coordinating public safety programs, restoring existing homes, providing quality new affordable homes, and improving infrastructure and drainage.

Qualified home buyers may receive up to $37,500 in down payment assistance to purchase a home in a targeted area.

We closed 130 homes in 2008 and provided $3.2 million in down payment assistance. You can be the next homeowner!

Tax Benefits of Homeownership
Now is the time to start thinking about how owning your home can increase your tax deductions next time you file your income tax return. Mortgage interest and property taxes on your primary residence are tax-deductible.

And this year, a tax credit of up to $8,000 is now available for qualified first-time home owners purchasing a primary residence on or after January 1, 2009 and before December 1, 2009. A first-time homebuyer is considered someone who has not owned any primary residence for past three years or more. To learn more about the $8,000 tax credit, go to www.FederalHousingTaxCredit.com.

Community News - Near Northside
Only five homes are still available   at the Avenue Villas subdivision, located at the corner of Cochran and Amundsen, just south of Cavalcade.  These 3-bedroom, 2-bath homes are all Energy star certified The estimated monthly payment is $ 689/month including principal, interest, taxes and insurance, based on a 5% interest rate on a 30-year loan, APR 5.13%.  All homes qualify for the Houston Hope subsidy of $37,500 to each buyer.

Open house every Sunday, 2-5 p.m., 4520 Cochran 77009.  Call Avenue CDC for more information or to register for a free Homebuyer Education class, (713) 864-9099

Community News - Trinity Gardens
Free Homebuyer Workshop
Trinity Gardens Church of Christ, 7725 Sandra Street Saturday, May 16, 2009, 9:00 a.m. - 5:00 p.m. Contact Greater Houston Development Incorporated at (713) 635-2300 or (281) 924-6767. Deadline to register is May 14, 2009 (limited seating).

Please visit the following Website links to learn about homeownership in Houston Hope neighborhoods:

If you're interested in a Houston Hope neighborhood, please contact:

Acres Homes
Fifth Ward

Acres Homes CDC
713-692-1155
or www.acreshomescdc.org

Dominion CDC
713-957-2789

Burghli Homes
713-691-3948
or www.burghlihomes.com

Chesmar Homes
281-598-1111
or www.chesmar.com

Star Builders
281-630-8455
or starbuilder3@aol.com

 


Fifth Ward CRC
713-674-0175
or www.fifthwardcrc.org

Tejano CDC
713-673-1080
or www.tccc-ryss.org

Bainbridge Builders
281-681-3703
or
asteele@nextdayapproval.com

FEI Homes
281-831-2297
or jlf@hcapsol.com

Mayberry Homes
713-523-8585
or www.mayberryhomes.net

Pedraza Construction
281-970-4834
or www.pedrazagroup.com


Clinton Park


Tejano Center for Community Concerns
713-673-1080
or www.tccc-ryss.org

Near Northside


Avenue CDC
713-864-9099
or www.avenuecdc.org

Burghli Homes
713-691-3948
or www.burghlihomes.com

 

Independence Heights


Catholic Charities
713-874-6736
or bkol@catholiccharities.org

 

Sunnyside

Settegast


Guiding Light CDC
713-640-9050
or www.guidinglightcdchomes.com

Holmes CDC
713-731-9116
or www.holmescdc.com

Sunnyside Place CDC
713-731-7050

Bainbridge Builders
281-681-3703
or asteele@nextdayapproval.com

Burghli Homes
713-691-3948
or www.burghlihomes.com

Majestic Homebuilders
713-413-8300
or www.majestichomebuilders.com

Mayberry Homes
713-523-8585
or www.mayberryhomes.net

SEKA Investments
713-269-0754

 

 


Guiding Light CDC
713-640-9050
or www.guidinglightcdchomes.com

Houston Habitat for Humanity
713-671-9993
or www.houstonhabitat.org

FEI Homes
281-831-2297
or jlf@hcapsol.com

 

Trinity Gardens


Greater Houston Development Incorporated
713-635-6941
or rcurtis9518@yahoo.com

Guiding Light CDC
713-640-9050
or www.guidinglightcdchomes.com

Bainbridge Builders
281-681-3703
or asteele@nextdayapproval.com

Image Homes
832-724-1760
or freddl@sbcglobal.net

Lazer Homes
281-437-5319
or www.lazerhomesinc.com


If you would like to learn more about Houston Hope, please call 713-522-HOME or visit www.houstonhopehomes.org. If you are a builder and would like to partner with a HUD Certified Community Development Corporation to build in any of the targeted Houston Hope Neighborhoods, please go to www.houstontx.gov/lara.