Seven Orland Families Become Self-Help Homeowners this Month
Posted by desiree.gonzalez | March 14, 2018
FOR IMMEDIATE RELEASE
March 14, 2018
ORLAND—Orland families are feeling especially lucky as they move into new homes they helped build through Community Housing Improvement Program.
Seven families get keys to their new homes on Wednesday, March 28 at 10:30 a.m. at the Villa La Michele 3 (Heartland Park) Subdivision on Jacqueline and Gable Streets. This is the third group in this subdivision—nine families moved in last December, and the subdivision has now sold all 38 lots with 14 still under construction. Representatives from USDA and CHIP will meet with the families to sign final paperwork so the new homeowners can move in immediately.
Under CHIP’s self-help program, families build their homes in groups of five to nine families under the supervision of CHIP’s construction staff. Each household dedicates at least 30 hours per week in labor towards building their new homes and help each other during the process, which takes about a year. All homes must be finished before anyone moves in.
House plans included 3-5 bedrooms priced around $200,000, with no down payment, affordable monthly payments and low fixed interest rates. USDA Rural Development provides funding assistance for these programs. Builders must make at or below 80 percent median income for the county in which they build, have decent credit, and earn enough income to make monthly payments on the loan.
CHIP is now accepting applications for a new 33 unit development in Orland called Benson Estates and maintains an interest list for other areas as well. For more information about self-help housing, visit chiphousing.org
Community Housing Improvement Program
CHIP is a private, non-profit corporation providing quality affordable self-help housing, rental apartment communities and housing-related services to seven Northern California counties. The organization has built more than 2,000 housing units in the North Valley since 1973 and celebrates its 45th anniversary this year.
For more information, contact: