Tuesday, February 16, 2010

Habitat Builds Condos in NOVA

Habitat for Humanity of Northern Virginia is completing a 9-unit condo project, its second multi-family project in Fairfax. Though the non-profit builder is known for its single-family homes, the Maple Ridge, just off Lee Highway, sits next to the 12-unit Westbrook Forest condo, which Habitat completed in 2007. Construction on Maple Ridge began in January 2009 and the dedication and handing over of keys will be on March 6th.

The occupants of both buildings are "partner families" who are selected prior to construction, and who then help in the construction of their new home. Families work with the non-profit to pay back their no-interest 20-30 year mortgages that go toward building additional Habitat homes.

Families are selected based on several criteria: the families must have been Northern Virginia residents for at least a year, must currently be living in inadequate or substandard housing and must be willing to partner with Habitat. Partnering means future homeowners must commit between 300 and 500 hours of "sweat equity," meaning families work to build their home and other Habitat homes. Virginia Patton, the Marketing Communications/Media Manager for Habitat of Northern Virginia, said with the condos, families work side by side with their neighbors to help build their homes, making it a "community effort."

The Maple Ridge condos include six three-bedroom units at 1,100 s.f. each and three two-bedroom units at 900 s.f.

Fairfax Virginia real estate development news


marko on Oct 25, 2015, 1:19:00 AM said...

Consider purchasing new with a lease assention for this included assurance, likely lower reimbursements and significantly more flexibility.As a forthcoming auto purchaser with an imperfect credit report, you may be thinking about how you can get to be endorsed for car financing. The answer comes as subprime auto advances. Cash Advance Chicago

Justin on Aug 27, 2016, 11:26:00 AM said...

It is likewise vital to consider whether the credits can be merged, on the grounds that not every one of them can be. Most government advances can be and if a private understudy credit can, there are private combination options. usacheckcashingstore.com/san-diego

marko on Sep 5, 2016, 4:59:00 AM said...

One of the ways that a bank could figure out if or not a customer is advance commendable is by assessing and inspecting their credit recommendations to see whether they are both plausible and suitable fiscally and in fact. payday loans chicago

Robbert on Sep 7, 2016, 11:04:00 AM said...

Choosing to cosign an advance does not imply that the FICO assessment of the cosigner will be decreased in any capacity, unless the borrower makes a late installment or misses an installment by and large. In these cases, the cosigner will probably be informed in advance and managed the chance to make the missed installment and get the advance into current status.
Check Cashing Corona

Robbert on Sep 9, 2016, 4:03:00 AM said...

Numerous individuals think just awful individuals have awful credit, however that essentially isn't valid. Nearly anybody can have awful credit after a deplorable occasion like a separation, a liquidation, the departure of a business, or a genuine sickness.
cash advance

Robbert on Sep 9, 2016, 6:51:00 AM said...

Notwithstanding what the vehicle installment would be, subtle elements, for example, the measure of the up front installment that you would be equipped for making on the no acknowledge auto advances and in addition the terms ought to likewise be considered.check cashing


DCmud - The Urban Real Estate Digest of Washington DC Copyright © 2008 Black Brown Pop Template by Ipiet's Blogger Template