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BabyBoy
is Skylar Elizabeth
Member since 5/05 4189 total posts
Name:
Tom
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LIHP - Patchogue - Cooper Beech Village - Application going on now
Some people are looking for houseing assitance, LIHP are taking applications for 40 brand new homes.
There is a lengty application along with 100 fee to process.
The homes are brand new (i think they just broke ground last week) and are 2 bedroom stand alone homes with 1.5 bth. There are 20 ava for 160k and 20 at 240k. You pay down payment of 5000 and closing cost.....and the most imporant part, you have to win the lotto.
These homes are vauled at 330k
Last time we applied for something, there were 2000 approved applications for 30 homes in Melville about 2 years ago. We just sat, prayed and hoped our name would be called. it wasnt called and we were sad for a bit...any who...enough about me...
the major requirement is your income.
to qualify for 160k home,
household size gross fam income
1- 50,950
2- 58,250
3- 62,500
4- 72,800
for the 240k home
household size gross fam income
1- 74,450
2- 87,350
3- 98,300
4- 109,200
There are other sipulations but this is the major one...Some others include 1st time homeowner (no new property last 3 years), no foreclosures, bankruptcy, timeshares, must have SSN...etc...
Here is another kicker...if you live or work in the Town of Patchogue, your chances of winning the lotto (if passed appilcation process) is greatly improved as 20 of the 40 homes go to people already living/working in that village
Applications must be in by july 30
To get an application, i guess call LIHP
LINK TO LIHP
I will try to scan and put online if i can...
Message edited 7/10/2006 10:48:37 PM.
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Posted 7/10/06 10:45 PM  |
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Prudential Douglas Elliman Real Estate
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Gertyrae
Peace out Homies!
Member since 5/05 20046 total posts
Name:
Gerty ®
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Re: LIHP - Patchogue - Cooper Beech Village - Application going on now
Good luck! We never qualify, we make just a hair to much...we ended up just buying a cheaper house in Medford (low taxes) and struggle to pay our mortgage
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| Posted 7/10/06 11:39 PM |
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peabody
Love green icing!!!
Member since 5/05 4691 total posts
Name:
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Re: LIHP - Patchogue - Cooper Beech Village - Application going on now
Tom,
Are you and Traci going for this?
You would be so much closer to Phil and I.
That would be awesome!
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| Posted 7/11/06 12:01 AM |
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BabyBoy
is Skylar Elizabeth
Member since 5/05 4189 total posts
Name:
Tom
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Re: LIHP - Patchogue - Cooper Beech Village - Application going on now
Posted by peabody
Tom,
Are you and Traci going for this?
You would be so much closer to Phil and I.
That would be awesome!
we don't qualify for this anymore cause we just purchased a home
i was giving this to other people...sometimes they really don't advertise these special programs and what not......
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| Posted 7/11/06 6:50 AM |
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Tah-wee-ZAH
Kisses
Member since 5/05 15952 total posts
Name:
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Re: LIHP - Patchogue - Cooper Beech Village - Application going on now
Thanks for posting this. I'll be passing it along to some of my fellow teachers.
It's crazy because teaching salaries are much higher here than in many parts of the country but not high enough that they can afford to buy even a small place to live. Moving to another state would mean a drastic cut in pay and then they still can't afford to live despite the lower housing cost. We had two teachers leave the profession this year due to this reason
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| Posted 7/11/06 7:17 AM |
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MegZee
My bunny
Member since 5/06 8777 total posts
Name:
Meaghan
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Re: LIHP - Patchogue - Cooper Beech Village - Application going on now
thats great info....i hope they go to deserving families!!!
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| Posted 7/11/06 8:05 AM |
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Blu-ize
Plan B is Now Plan A
Member since 7/05 32475 total posts
Name:
Susan
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Re: LIHP - Patchogue - Cooper Beech Village - Application going on now
I just called and got an application. This would be perfect for my parents who want to come back to LI and be with us. I don't know if they would make the income requirement though.
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| Posted 7/11/06 9:55 AM |
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Re: LIHP - Patchogue - Cooper Beech Village - Application going on now
Thanks for posting! DH and I are going to read through this tonight. How do you go about finding out about these opportunities?
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| Posted 7/11/06 10:02 AM |
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Re: LIHP - Patchogue - Cooper Beech Village - Application going on now
Posted by missus-hbradio
Thanks for posting! DH and I are going to read through this tonight. How do you go about finding out about these opportunities?
When I was reading on the website it said that you can become apart of the mailing list and when new projects come up then they will automatically send you an application. Also if you click on developments it also had a list of other developments
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| Posted 7/11/06 10:32 AM |
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Re: LIHP - Patchogue - Cooper Beech Village - Application going on now
Posted by bridget-n-jimmy
Posted by missus-hbradio
Thanks for posting! DH and I are going to read through this tonight. How do you go about finding out about these opportunities?
When I was reading on the website it said that you can become apart of the mailing list and when new projects come up then they will automatically send you an application. Also if you click on developments it also had a list of other developments
Thanks!
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| Posted 7/11/06 10:35 AM |
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BabyBoy
is Skylar Elizabeth
Member since 5/05 4189 total posts
Name:
Tom
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Re: LIHP - Patchogue - Cooper Beech Village - Application going on now
Posted by bridget-n-jimmy
Posted by missus-hbradio
Thanks for posting! DH and I are going to read through this tonight. How do you go about finding out about these opportunities?
When I was reading on the website it said that you can become apart of the mailing list and when new projects come up then they will automatically send you an application. Also if you click on developments it also had a list of other developments
yes...this is how we get ours in the mail...
sometimes looking in the smaller papers (local town) that come to your home will have info on projects when its time to apply...
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| Posted 7/11/06 1:59 PM |
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MrsFlatbread
Skinny jeans are in my future
Member since 6/06 10258 total posts
Name:
Baby Momma
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Re: LIHP - Patchogue - Cooper Beech Village - Application going on now
We are well over income guidelines and feel like we will never afford anything. Who comes up with the affordable housing guidelines??
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| Posted 7/11/06 3:55 PM |
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Samson7256
LIF Infant
Member since 5/06 93 total posts
Name:
John
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Re: LIHP - Patchogue - Cooper Beech Village - Application going on now
Posted by BabyBoy
Some people are looking for houseing assitance, LIHP are taking applications for 40 brand new homes.
There is a lengty application along with 100 fee to process.
The homes are brand new (i think they just broke ground last week) and are 2 bedroom stand alone homes with 1.5 bth. There are 20 ava for 160k and 20 at 240k. You pay down payment of 5000 and closing cost.....and the most imporant part, you have to win the lotto.
These homes are vauled at 330k
Last time we applied for something, there were 2000 approved applications for 30 homes in Melville about 2 years ago. We just sat, prayed and hoped our name would be called. it wasnt called and we were sad for a bit...any who...enough about me...
the major requirement is your income.
to qualify for 160k home,
household size gross fam income
1- 50,950
2- 58,250
3- 62,500
4- 72,800
for the 240k home
household size gross fam income
1- 74,450
2- 87,350
3- 98,300
4- 109,200
There are other sipulations but this is the major one...Some others include 1st time homeowner (no new property last 3 years), no foreclosures, bankruptcy, timeshares, must have SSN...etc...
Here is another kicker...if you live or work in the Town of Patchogue, your chances of winning the lotto (if passed appilcation process) is greatly improved as 20 of the 40 homes go to people already living/working in that village
Applications must be in by july 30
To get an application, i guess call LIHP
LINK TO LIHP
I will try to scan and put online if i can...
BabyBoy
Regarding the income requirements...is it based on your 2005 tax return or do they look at your current 2006 earnings ? I think we would be right on the edge for 2006 but would definitely qualify if they looked at 2005 income. Thanks
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| Posted 7/11/06 5:56 PM |
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BabyBoy
is Skylar Elizabeth
Member since 5/05 4189 total posts
Name:
Tom
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Re: LIHP - Patchogue - Cooper Beech Village - Application going on now
Posted by MrsFlatbread
We are well over income guidelines and feel like we will never afford anything. Who comes up with the affordable housing guidelines??
yeah, its very hard, thus a good reason why we moved into a co-op cause housing a joke on long island
the annual income is a precentage of the medium price for the town
Posted by Samson7256
Regarding the income requirements...is it based on your 2005 tax return or do they look at your current 2006 earnings ? I think we would be right on the edge for 2006 but would definitely qualify if they looked at 2005 income. Thanks
i believe its 2005....they need the last 3 years of tax work... i would call and ask...
Message edited 7/11/2006 6:39:12 PM.
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| Posted 7/11/06 6:31 PM |
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