ALACHUA COUNTY, FL - The Alachua County Department of Growth Management is pleased to announce that purchase offers are now being accepted for a recently renovated home acquired by Alachua County through the Neighborhood Stabilization Program (NSP).
This three bedroom, one bath home is located at 3741 SE 17th Avenue, in unincorporated Alachua County. The sale price for this home is $83,000. Built in 1964, this home features a new roof, Energy Star windows, appliances, and has been painted inside and out.
Click to view the sales flyer.
Homes are being renovated to bring them into compliance with the standards of the minimum housing code as well as to increase the energy efficiency of each home. Alachua County has purchased nine homes for resale. Six NSP homes have been sold to date and offers have been received for two other NSP resale homes.
Alachua County was awarded NSP funding by the State of Florida Department of Community Affairs to stabilize neighborhoods impacted by high rates of foreclosure or abandonment. Foreclosed homes have been acquired and rehabilitated within designated areas of the community. Homebuyers must meet NSP income requirements. For example, a family of 4 earning $66,720 may qualify to buy an NSP home. Buyers are required to complete an approved home buyer’s education course, and cannot currently own a home at the time of an NSP purchase. Other program requirements must be met as well, such as being approved by an institutional lender for primary financing to buy the home. A subsidy of up to $30,000 is also available through NSP to ensure affordability. Alachua County requires that all offers be submitted by a licensed Realtor to ensure the buyer’s interest is fully represented in the transaction. Buyer’s Realtor will be paid a 3.5% commission from the proceeds of the sale.
Homes are offered for sale at appraised value after repairs have been completed. Offers are now being accepted at the Alachua County Department of Growth Management office (10 SW 2nd Avenue, Gainesville). Offers must be submitted by a State of Florida licensed Realtor. Homes are sold on a first-come, first-qualified, first-served basis. The Board of County Commissioners makes the final decision as to which offer to accept.
Realtors interested in showing this home and submitting offers must contact Barbara Woodham, Housing Programs Coordinator at bwoodham@alachuacounty.us to obtain an offer package.
For additional information, the NSP Information Packet is available on the Alachua County Department of Growth Management’s website, or by contacting Barbara Woodham, Housing Programs Coordinator at 352-337-6283 or bwoodham@alachuacounty.us.