Homebuyers receive financial assistance equaling 20% of the purchase price toward the down payment on one of 12 new micro-condominiums to be developed on N. Jarrett Street at the corner of N. Interstate Ave. These homes are kept forever-affordable for all future homebuyers through an agreement with Proud Ground that the homeowner will resell the home at a price that provides them a return on their investment while still being affordable to the next income-qualified buyer. The grant does not need to be repaid.
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