FOR BREAKING NEWS VISIT WWW.QNS.COM MARCH 2, 2017 • THE COURIER SUN 7 State of New York Mortgage Agency LOAN TODAY. HOME TOMORROW. Mortgages with down payment assistance for first-time homebuyers For more information and SONYMA lenders, call (800) 382-4663 or visit sonyma.org Newly Renovated Affordable Homes for Sale at Small Homes Rehab – NYCHA Program – Cluster I Restoring Urban Neighborhoods, LLC is pleased to announce that applications are now being accepted for 19 affordable homes now under construction through the Small Homes Rehab – NYCHA Program in Queens Community Boards 3, 8, 12 and 13. These homes are being renovated through the Small Homes Rehab – NYCHA Program of the New York City Department of Housing Preservation and Development. The homes will be renovated and in move in condition when completed. Amenities may include new kitchens and bathrooms, new electrical, heating and plumbing systems and energy efficient appliances, fixtures, doors and windows. All homes will receive a twenty year UDAAP tax exemption. The estimated sales prices, home square footage, and income requirements are as follows: Homes at 80%, 110% and 120% of Area Medium Income (AMI) *Income varies by household size. Income guidelines may be subject to change. ** Minimum incomes are approximate and are estimated based on a purchaser contributing a 5% down payment. Larger down payments may be required for 1 and 2 person households. Larger down payments may allow for lower minimum incomes. *** Price based on eligibility for subsidy. Eligible buyers should have 5% of the purchase price available for down payment. Buyers must occupy the home as their primary residence. Please note that the quoted sales prices, maximum household income, amenities, etc. are estimated and are subject to change. To request an application: REQUEST BY MAIL: Restoring Urban Neighborhoods, LLC, 150 Broadway, Suite 2101, New York, NY 10038 Include a self-addressed and stamped envelope. DOWNLOAD ONLINE: www.neighborhoodrestore.org Informational sessions will be held on: Monday, March 13, 2017 at 6 – 8 PM at York College, 94-20 Guy R Brewer Blvd, Jamaica, NY 11451 and Saturday, April 08, 2017 at 12:30 – 5pm at PS 69, 77-02 37 Avenue, Jackson Heights, NY 11372. Seminar attendance is not mandatory to purchase a home. Qualified applicants will be required to meet income guidelines and additional selection criteria. Completed applications must be returned by regular mail only (no priority, certified, registered, express, oversized, or overnight mail will be accepted) to a post office box number that will be listed on the application, and must be postmarked by May 1, 2017, the deadline date. All applications postmarked after the deadline date will be set aside for possible future consideration. Applications will be selected by a lottery; applicants who submit more than one application may be disqualified. General preference will be given to New York City residents. 5% of the units are set aside for mobility-impaired applicants. 2% of the units are set aside for visual or hearing impaired applicants. Preference for a percentage of units goes to: Residents of Queens Community Boards 3, 8, 12 and 13 (50%), NYCHA residents**** (25%) and Municipal employees (5%). ****Preferences for NYCHA residents will be in the given order of priority: (i) current public housing residents of FHA homes in Queens; (ii) current public housing residents of other NYCHA public housing developments in Queens; (iii) current residents of other NYCHA housing developments; (iv) certified applicants on NYCHA’s public housing waiting list; and (v) current NYCHA Section 8 voucher holders. EACH BUYER MUST OCCUPY THE HOME AS THEIR PRIMARY RESIDENCE. Any prospective applicant who currently owns or previously has purchased a residential property is ineligible. No Broker’s Fee. No Application Fee. Owner Occupancy Required. This advertisement is not an offering. It is a solicitation of interest in the advertised property. Bill de Blasio, Mayor • The New York City Department of Housing Preservation and Development MARIA TORRES-SPRINGER, Commissioner • www.nyc.gov/hpd Home Address Square Footage Total Annual Income* Range Minimum** - Maximum Estimated Subsidized*** Sales Price Maximum Asset Cap 114-26 208TH STREET 1,176 $46,206 - $72,480 $285,000 $158,580 171-48 119TH ROAD 1,655 $46,206 - $72,480 $275,000 $158,580 168-32 119TH AVENUE 1,260 $46,206 - $72,480 $275,000 $158,580 168-31 118TH ROAD 1,440 $46,206 - $72,480 $250,000 $158,580 144-41 158TH STREET 1,148 $46,206 - $72,480 $285,000 $158,580 171-15 144TH AVENUE 1,336 $46,206 - $72,480 $280,000 $158,580 222-33 143RD ROAD 1,162 $46,206 - $72,480 $275,000 $158,580 197-18 116TH AVENUE 1,152 $46,206 - $72,480 $285,000 $158,580 117-27 204TH STREET 1,140 $46,206 - $72,480 $275,000 $158,580 198-14 119TH AVENUE 1,063 $46,206 - $72,480 $275,000 $158,580 Home Address Square Footage Total Annual Income* Range Minimum** - Maximum Estimated Subsidized*** Sales Price Maximum Asset Cap 32-10 102ND STREET 1,188 $73,386 - $99,660 $425,000 $158,580 80-44 162ND STREET 1,296 $73,386 - $99,660 $350,000 $158,580 223-19 111TH AVENUE 1,110 $73,386 - $99,660 $350,000 $158,580 190-17 115TH DRIVE 1,531 $73,386 - $99,660 $400,000 $158,580 118-19 190TH STREET 1,312 $73,386 - $99,660 $350,000 $158,580 186-20 FOCH BOULEVARD 1,156 $73,386 - $99,660 $375,000 $158,580 177-48 BAISLEY BOULEVARD 1,608 $73,386 - $99,660 $350,000 $158,580 177-19 120TH AVENUE 1,788 $73,386 - $99,660 $350,000 $158,580 89-55 208TH STREET 1,476 $73,386 - $108,720 $435,000 $158,580 Great rates like ours are always in season. 1.10% 7-Month CD APY1 $5,000 minimum deposit 1.25% 13-Month CD APY1 $5,000 minimum deposit To qualify you must have or open any Flushing Bank Complete Checking account.2 Get the complete access and control you desire with a competitive interest rate and banking on-the-go with our Flushing Bank Mobile3 app. For more information and to find out about our other great offers, visit your local Flushing Bank branch, call 800.581.2889 or visit www.FlushingBank.com. Small enough to know you. Large enough to help you. 1. New money only. APY effective January 19, 2017. Annual percentage yield assumes principal and interest remain on deposit for a full year at current rate. Minimum deposit balance of $5,000 is required. Funds cannot be transferred from an existing Flushing Bank account. Premature withdrawals may be subject to bank and IRS penalties. Rates and offer are subject to change without notice. 2. A Flushing Bank checking account with a $5,000 minimum balance is required to receive the advertised rate. Certain fees, minimum balance requirements and restrictions may apply. For new IRA and rollover accounts, the minimum deposit balance is $5,000. A checking account is not required for IRA accounts. Speak with a Flushing Bank representative for more details. 3. Flushing Bank Mobile Banking is available to all Flushing Bank online banking users. Mobile carrier fees may apply. Flushing Bank is a registered trademark
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