Do I have the choice of selling my unit once I have purchased it?

Yes, you do have the ability to sell your unit.  The unit must be sold to a qualified affordable household at a price that falls within the affordable criteria of that unit.

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1. Can I put my name on a waiting list?
2. How much down payment is required to purchase an affordable unit?
3. Does the 3% down payment also cover my closing costs?
4. Am I allowed to use funds that were given to me for a down payment?
5. Do I have the choice of selling my unit once I have purchased it?
6. Who and how is the sales price of an affordable unit determined?
7. Can I refinance my mortgage in the future?
8. Can I use my own lender?
9. What do I need to provide in order to qualify?
10. What are the income guidelines?