I’ve been trying for 2 weeks to gather the information that took only 2 phone calls to gather today, and I have a very nice and informative gentleman at the City of Avondale to thank for it. This is a partnership program with Housing Our Communities that, very generally, seeks to target particularly high-foreclosure-rate areas in Avondale and provide incentives for people to buy in those areas. There are some requirements and income restrictions, but the city has about $1.7M dedicated to this program which would most likely help only about 60 individuals or families, however there is a possibility that, though nothing has been officially set aside, there could be more dollars in the pipeline.
Here is a press release, and if you visit the real estate resources section of our website, you will find some additional resources outlining the program as well as outlining exactly what areas the program targets.
If you have any questions about the program, or if you have any questions about Phoenix real estate in general, please do not hesitate contact us – we would be more than happy to help you find what you are looking for.
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