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INFIL PROPERTY FOR sale
The Community Housing Investment Corporation (CHIC) routinely develops property in Council Bluffs for the INFIL program and offers it to builders who want to participate in the program. These properties are offered with $20,000 down payment assistance grants for qualified low-moderate income home buyers.
GOALS
To design and build homes that are affordable to households with incomes between 60-80% area median incomes.
To engage builders that use Green technology.
To build quality homes that are durabile and produce low maintenance costs.
To build homes that are energy efficient that achieve a HERS index of 85 or lower as certified by a HUD certified energy rater.
To build homes that can be built and sold for $115,000 to 139,000 and be compatible with typical styles and designs found in older neighborhoods.
CURRENT PROPERTIES
Contact CHIC for a current list of properties
E-Mail: CHICdirector@msn.com
(712) 328-6602
Community Housing Investment Corporation
500 West Broadway, Suite 406
Council Bluffs, Iowa 51503.
a. The use of brick on the exterior of the house is waived.
b. The use of shutters is optional and depends on whether or not they contribute to the enhancement of a particular design or are associated with a particular style.
c. The requirement for a front load, build-in two car garage is waived. The basic design will show a two car attached to the rear of the house or detached garage. Either way the plans should show access from the rear off the alley way. The design of the garage shall architecturally resemble the house eg. Have the same roof pitch, exterior materials or other significant characteristics. The base selling price of the home will include only the garage foundation and a 20’ X 20’ two car parking slab. The cost of the garage structure will be quoted separately so it can be sold separately as an option or added later as the buyer can afford it.
d.
The homes should be no wider than 20’, comply with R-2 Zoning and have a lot coverage percentage of no more than 35% including porches, decks, and the garage slab.
a. A statement of the willingness of the person, firm or corporation submitting the proposal to develop the site within one year from purchase. b. The individual or officer of the entity must sign the proposal.