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Housing Partnership of Winston Salem/Forsyth is a nonprofit organization that develops new or rehabilitates existing “affordable” housing for sale to area families with modest incomes. It also helps prospective homeowners prepare for the home buying process through a series of workshops and one-on-one counseling offered by its “sister” organization, the Center for HomeOwnership. And best of all, the Housing Partnership and its lending partners (local banks, the city and county) offer very special financing programs, including some grant money for eligible buyers, for first time homebuyers with low to moderate incomes to make the homes affordable and our staff will be your guide through the process so you don’t have to do it alone. Okay, you say. But how much do I need to pay up front, where are the houses,
and what will be my monthly payment? A lot depends on your particular financial
situation and the loan products you choose. But generally, Housing Partnership
buyers have to place $1,250.00 as a down payment and up to another $1,000
toward closing costs. We have choices of locations where you can buy your
home, but in order to get our special financial assistance, you would need
to buy in one of our developments. Our new subdivisions are in five locations
in Winston-Sale, and one in Kernersville, and we have four existing homes
that we have rehabilitated that are for sale ion Winston-Salem. The houses
are really nice, too, with three or four bedrooms, two baths, and the usual
kitchen, laundry area, dining room, living room, front porches, patios and
landscaped yard. If you can afford it, some houses have extras like garages,
fireplaces, garden tubs, and vaulted ceilings. You get to choose from a
list of builders and he or she will build a house to meet your needs. We
can’t really say what your monthly payment will be because that depends
on the house you choose to meet the needs of your family ad your budget.
Our special financing is what makes the difference and keeps your mortgage
payment The Housing Partnership staff is ready to help you realize your dream of homeownership. If we can’t help you, we will point you in the right direction. You’d be surprised at how many programs that are available to help. You owe it to yourself and to your family to call and get started on the path to homeownership. If you want to be inspired, drive north on Reynolda Road to Shattalon Drive and take a right. Go two blocks east to Squire Road and take a right. Go one block and cross Morningside Drive. You will see a sign for Esquire Place. Also take a look at Sunbridge Place II, our in-town subdivision located in the 1000 block of Sunset Drive which is off Academy Street near Peters Creek Parkway. Then give is a call at (336) 725-8704 Ext 102 or 104. As one of our homebuyers said, “Just imagine five persons living in a home and only one working. To purchase this home is nothing but a miracle for me and my family. That’s why the name of my home will be the Miracle House.” Example homes:
< Back to Community Housing Programs
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The Center for HomeOwnership |
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