Caledonia CDC: Difference between revisions
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Caledonia CDC: This is an affordable housing infill project in Cleveland. It's supporting the neighborhood while providing more affordable housing (for purchase/ownership) for teachers, nurses, etc. [[Scott Hackenburg]] | Caledonia CDC: This is an affordable housing infill project in Cleveland. It's supporting the neighborhood while providing more affordable housing (for purchase/ownership) for teachers, nurses, etc. Start Right’s Caledonia Homes site [https://startrightcdc.com/caledonia-homes-2/] | ||
The project is 23 new single family homes in the $200,000 to $230,000 range, with a 15-year, 100 percent tax abatement provided through the citywide Community Reinvestment Area (CRA) enacted across Cleveland Heights in 2018. | |||
The city can also provide further incentive to homebuyers with a $15,000 deferred second-mortgage downpayment assistance loan, although Stone noted that “if you move, you’ve got to pay it back.” | |||
[[Scott Hackenburg]] | |||
Story about the infill project [https://www.cleveland.com/authcallback/?afterURL=https%3A%2F%2Fwww.cleveland.com%2Fcommunity%2F2022%2F05%2Flong-awaited-caledonia-infill-housing-project-breaks-ground-in-cleveland-heights.html&code=GsmwCIshu0ybYB8vGzltZxivqnDOMkwhLMpDYabvt0D9T&state=Ty1pYzlfcWNKU0ZWd1pJRHJMNy5Ienh%2BVnVqY2N%2BRU1fOEtffmJRSHo1aw%3D%3D] | Story about the infill project [https://www.cleveland.com/authcallback/?afterURL=https%3A%2F%2Fwww.cleveland.com%2Fcommunity%2F2022%2F05%2Flong-awaited-caledonia-infill-housing-project-breaks-ground-in-cleveland-heights.html&code=GsmwCIshu0ybYB8vGzltZxivqnDOMkwhLMpDYabvt0D9T&state=Ty1pYzlfcWNKU0ZWd1pJRHJMNy5Ienh%2BVnVqY2N%2BRU1fOEtffmJRSHo1aw%3D%3D] | ||
[[Start Right]] the church behind Caledonia CDC and its workforce housing [https://startrightcdc.com/] | [[Start Right]] the church behind Caledonia CDC and its workforce housing [https://startrightcdc.com/] | ||
Revision as of 17:52, 3 January 2024
Caledonia CDC: This is an affordable housing infill project in Cleveland. It's supporting the neighborhood while providing more affordable housing (for purchase/ownership) for teachers, nurses, etc. Start Right’s Caledonia Homes site [1] The project is 23 new single family homes in the $200,000 to $230,000 range, with a 15-year, 100 percent tax abatement provided through the citywide Community Reinvestment Area (CRA) enacted across Cleveland Heights in 2018.
The city can also provide further incentive to homebuyers with a $15,000 deferred second-mortgage downpayment assistance loan, although Stone noted that “if you move, you’ve got to pay it back.”
Scott Hackenburg
Story about the infill project [2]
Start Right the church behind Caledonia CDC and its workforce housing [3]