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para los detalles sobre los paquetes.
2143 BOUNDARY AVENUE
FARMINGDALE, NY 11735
www.royalpalmny.com
info@royalpalmny.com
SEPTIEMBRE 27, 2018 • 7
AFFORDABLE WORKFORCE HOUSING
Lottery to be held on Nov. 15, 2018
Opportunity to own a new 2 bed/1.5 bath condo with a garage
in a gated resort-style community for $319,000
Up to $40,000 in grants towards downpayment available*
The Long Island Housing Partnership Inc. (LIHP) will be accepting applications to
purchase newly costructed condominiums at WillowWood at Overton Preserve - a
private gated community adjoining over 450 acres of nature preserves. Homes will be
available to eligible households that earn no greater than 120% or less of the Area
Median Income (AMI) shown below:
Household Size
1 person
2 people
3 people
4 people
120% AMI
$98,050
$112,050
$126,050
$140,050
Applicants must not have owned a home, property or shares of a home in the last 3 years
• Have a minimum down payment of 3% of purchase price.
• Have sufficient income for mortgage payments, including property taxes
and insurance
• Have good credit and employment history to satisfy the mortgage lender's
requirements and be able to secure a mortgage
• Attend pre-purchase mortgage counseling at LIHP.
A lottery will determine the opportunity to purchase a home. Applications
and guidelines are available online at LIHP.org; by mail or in person at 180
Oser Avenue, Suite 800 Hauppauge, NY 11788; or calling (631) 435-4710. Lottery
applications must be received at LIHP's office or postmarked by Oct. 31, 2018.
*All grants are subject to availability and final approval.
Furnished model available to view at WillowWood.
Model open 6 days a week from 10 am to 5 pm. Closed Thursday.
DIRECTIONS: Take LIE (I-495) to exit 64, Rte 112 North. Proceed north on Rte 112
approx. 2.2 miles. Turn left at traffic light into WillowWood.
(631) 946-6200 • WillowWoodCondos.com
The complete offering terms are in an offering plan available from the Sponsor. File No CD17-0142
Sponsor: Klar Realty Corp. DBA Levitt House, 2580 Hempstead Tpke., East Meadow, NY 11554. WillowWood at Overton Preserve, 3550 Route 112, Coram, NY 11727.
/www.royalpalmny.com
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