Sentences with phrase «vacant ownership units»
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.
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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.
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.