Thursday, August 6, 2009

New affordable housing options on Newport's Hamlet Street

Affordable houses are now for sale on Hamlet Street in Newport.

The development, under construction by Neighborhood Foundations and the Newport Millennium Housing Corporation between 8th and 9th streets, includes both historic rehabilitation of the street's brick houses and new infill.

Houses are priced at $122,000, and qualified buyers are eligible for an up to $34,400 soft second mortgage, forgivable over five years.

Other Neighborhood Foundations properties include the Corpus Christi Apartments, Grand Towers, the Peter G. Noll Apartments, and scattered site projects throughout Newport's west side.

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