The property is a 2-family fully renovated architect-designed multifamily attached townhouse with 1380sf triplex-owner’s unit with 4BR, 2.5BA on the upper floors and 460sf ground floor rental unit with 1BR, 1BA. This home is located in the East End Historic District and qualifies for local property tax exemption with existing approval from the Architectural Review Commission for the exterior renovation work. Many historic features have been restored, like the beautiful brick fireplace mantel in the living room, but modern conveniences and energy efficient features have been added, such as direct hot water heaters and hydronic heating systems for each unit, energy efficient windows and fully insulated walls and roof and energy star appliances. Owner's unit has new washer and dryer and the rental unit is set up to install a stackable unit. All new kitchens, bathrooms, plumbing and electrical systems, floors, lighting fixtures, etc, means no major improvements needed for years to come. Just bring your belongings. Interested purchasers will be evaluated on the following scoring basis. The purchaser with the highest score, will be offered a Purchase and Sale agreement. - Applicant’s income falls at/under the 80% AMI* (5 points) - Applicant is a current resident in the City of Newburgh (10 points) or is current resident within 15 miles of the subject property** (5 points) - Applicant is a first time homebuyer (10 points) - Applicant is a member of a race or group who has historically faced housing discrimination, i.e. Black, Latinx, and Asian (10 points) - Applicant does not currently own more than two rental properties (5 points) - Applicant has no prior negative real estate history, including delinquent property taxes, foreclosures, or code violations (mandatory) - Applicant will be an owner-occupant at the property (mandatory) For consideration, please complete the Purchase Application, including offer price, and all required supplemental materials by 11:59 pm on FRIDAY, October 11, 2022. INCOMPLETE APPLICATIONS WILL NOT BE CONSIDERED. By EMAIL to info@newburghcommunitylandbank.org Via GOOGLE FORM 115 Lander RFA Application Form : available at www.newburghcommunitylandbank.org or by MAIL/DELIVERY of two printed copies to NCLB offices at 15 Chambers St, Newburgh, NY, 12550. For the Poughkeepsie-Newburgh-Middletown, NY metropolitan area (Income Limits 80%AMI: 1 person - $62,600; 2 persons - $71,550, 3 persons - $80,500, 4 persons - $89,400) https://www.huduser.gov/portal/datasets/il/il2020/select_Geography.odn select “Poughkeepsie-Newburgh-Middletown, NY HUD Metro FMR Area”
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