NEAR is constructing a new single-family, 3-bedroom, 2.5-baths house on the vacant lot at this address in emerging St. Clair Place. The new house is being built according to the critical design standards of the St. Clair Place Pattern Book.
The new Carly Custom Builders house at 522 N. Jefferson is planned to be complete by early January 2015.
This one of more than 20 houses NEAR has built or restored on N. Jefferson Avenue between E. Michigan and E. 10th Streets since 2009. Ready access to frequent-stop transit lines and nearness to downtown Indy, along with its affordability, make this a great opportunity.
Do you qualify for this home?
This home is one of 12 houses being restored or newly constructed as part of NEAR’s ‘Welcome HOME’ Project. This initiative is supported by HUD’s HOME program, which makes quality homeownership accessible and affordable to low to moderate-income households. These houses are available for homeownership to households with total incomes at or less than 80% of Area Median Income (AMI).
The 2015 Indianapolis 80% AMI limits are:
- Household of 1: $38,150
- Household of 2: $43,600
- Household of 3: $49,050
- Household of 4: $54,500
- Household of 5: $58,900
- Household of 6: $63,250
- Household of 7: $67,600
- Household of 8: $71,950
It is possible to purchase a ‘Welcome HOME’ house before it is completed.
Please let us know of your interest in this address, our ‘Welcome HOME’ Project, or NEAR’s other homeownership possibilities.