LOCATION, DESCRIPTION, AND COSTS OF HOMES

PVH is currently building at two locations:

  1. Turners Falls, corner of 2nd and L Streets - the second of two homes, both two-story, three bedrooms.

  2. Amherst, Stanley Street, off South East Street - the second of a group of four single-family homes is now under construction and a family has been selected for that home. These are also two-story, three bedrooms. Two more homes will be built on that site - applications will be received sometime in the future.

Cost:

Mortgages (with no profit, no interest) are written to cover costs that Habitat incurs and homeowners should plan to budget about 30% of their income toward their monthly housing costs. This housing cost amount covers your mortgage, escrowed taxes; an allotment for home insurance, condo fee (if home is a condo). Habitat mortgages are usually for 20 years.

Keep in mind that as a homeowner you will now have to pay for home repairs and other housing costs like trash pickup and snow removal that a renter does not pay.