Not exact matches
CCIP has counseled over 4,200 families, assisted 722 first - time
home buyers in securing mortgage financing, down payment, and closing cost assistance, made
home ownership possible for 59 low - income families through an innovative lease - purchase program, and provided 95 first - time
home buyers with affordable
homes through the rehabilitation
of 90
vacant units and the construction
of 16 new townhouses.
The inventory
of unsold new
homes is 50 percent above the previous record, and the number
of vacant ownership units is almost twice the previous peak.
Resource - efficient, relatively cheap to build and symbols
of a simpler lifestyle, tiny houses have been characterized as an alternative for affordable
home ownership, rehabilitation
of vacant urban land and even an educational tool for sustainable design.
For example, in Iowa's 4th District, represented by Rep. Steve King (R), there are 344,251 housing units, the
home ownership rate is 72.4 percent, 10.7 percent
of the housing stock is
vacant, the median
home value is $ 102,400, and the median monthly housing cost for
homes with mortgages is $ 1,004.