March 11, 2008
Dear Near Northside Community Residents:
We are proud to bring you the March 2008 monthly update on Houston Hope, through which 49 families have now been able to buy quality affordable homes in re-energized areas of the city. Houston Hope is Mayor Bill White's initiative to reinvest in several of Houston's older neighborhoods through a combination of stabilizing activities such as coordination of public safety programs, rehabbing existing homes, providing quality new affordable homes, and improving infrastructure and drainage. As a participant of the Houston Hope initiative, qualified buyers in the targeted areas may receive up to $30,000 in down payment assistance.
Currently, the Land Assemblage Redevelopment Authority (LARA) has purchased 874 properties citywide.
Free Homebuyer Education Workshops provided by Avenue CDC
Classes in English on the following Saturdays from 9:00 a.m. - 5:00 p.m.
* March 15 and 29 * April 5, 19 and 26 *May 3, 17 and 24
Classes in Spanish on the following Saturdays from 9:00 a.m. - 5:00 p.m.
* March 8 * April 12 *May 10 * June 14
Location : Washington Courtyard Apartments, Community Room
2505 Washington Avenue , Houston , TX 77007
Seminar topics : Understanding the home purchase process and obtaining grants to buy a house. For more information, call (713) 864-8099.
Avenue CDC Showcases Completed Homes in Near Northside
Open Houses at:
Fulton Court , 113 Delaney, Houston , TX 77009
Avenue Villas, 1220 Frawley, Houston , TX 77009
3-bedroom, 2 1/2 bath homes start at $134,900. Estimated payments rage $780 - $805/month (including taxes and insurance).
Avenue CDC began construction on 17 affordable houses and should be ready to close by early 2008.
If you're interested in the Near Northside area, please contact:
Avenue CDC 713.864.8099 or email@example.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.