ClydeBusiness

Clyde housing program seeks buyers for 6 planned homes

The Welcome Home program remains in predevelopment. Buyers face income limits, mortgage preapproval and residency requirements.

Welcome Home Clyde is seeking buyers for six planned homes, with income limits and residency requirements for participants.

The Welcome Home Clyde program page, linked by the city's news page, says the project remains in predevelopment and is subject to change. It lists sites on East Street, Brown Street, Parker Avenue and Ames Street.

Community Building Partners tells prospective buyers to obtain mortgage preapproval for at least $205,000 from a lender of their choice. That amount is a preapproval requirement; the page does not identify it as a final sale price.

The program limits buyers to households earning no more than 120% of area median income. Its listed maximum is $105,225 for a four-person household.

The page also requires three years of primary residency without renting out any part of the home, six months of financial-literacy and homeownership instruction and a 15-year resale restriction limiting the income of subsequent buyers.

No buyer deadline or completion date is listed. Prospective buyers can contact welcomehome@praxia-partners.com or call or text 614-233-1215 to confirm eligibility, available sites and current terms.

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