FSC Homeownership Initiative

Affordable Homes for Sale in the
 Terry Heights/ Hillandale Neighborhood

 

 

 

 



In partnership with
City of Huntsville Community Development

Sale Pending - Additional Homes Available Soon.

 

2307 Bell Avenue, Huntsville
 

3 Bedrooms, 2 Baths  

 

- Terry Heights/ Hillandale Neighborhood

- New construction

- Granite countertops              

- Cherry cabinets

- ADA accessibility

- Energy efficient

- Income must be <80% Huntsville AMI

  (see below)

Family

Size

Maximum

Income

1

37,800

2

43,200

3

48,600

4

54,000

5

58,300

6

62,650

7

66,950

8

71,300
A map of 2307 Bell Ave NW, Huntsville, AL 35816-4007. Click to see the map on MSN Maps & Directions

 

                                             

 

                 

 

 

 

 

 

 

 

Click map for larger view and directions.

 

 

Family Services Center is a certified Community Housing Development Organization (CHDO).

 
 Financial Assistance
 

Huntsville Downpayment Assistance Program (DAP) - Suspended until further notice

The City of Huntsville Community Development Department provides downpayment and/or closing cost assistance for first time homebuyers in Huntsville.  The assistance is available on a first-come, first-served basis, until funds run out.   

 

$5000 is provided at time of closing to be used exclusively for the downpayment and/or closing costs associated with buying a single-family home

 

.  The assistance is in the form  of a 0% interest deferred loan with no monthly payments.  The loan is gradually forgiven by 20% per year and is totally forgiven after the buyer has lived in the home for five (5) years.

 

City-Approved Lenders for DAP: First Federal Mortgage, New South Federal Savings Bank, Norstar Mortgage, Platinum Mortgage, Progress Bank, Southwest Funding, WR Starkey Mortgage

 

Lender approval requirements are at http://www.hsvcity.com/comdev/dap.php

 


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