The Litchfield Housing Trust has an affordable house for sale in Borough of Litchfield for $127,5000. This is available only to people who meet the income requirements. The gross family income needs to be at or below 80% of the median family income for the area.

The Litchfield Housing Trust is happy to announce the availability of a home in our land lease program. It has three bedrooms, one and a half bathrooms, and is a one story modified cape, detached, single-family home. It is 1092 square feet in size. This home has just been renovated, has a rocking-chair front porch, common boundary with White Memorial preservation land, and is within the Borough of Litchfield.

The price of this home is $127,500. To be eligible to purchase this home the applicant must have a gross family income below 80% of the Median Family Income for this area and be able to secure a mortgage for the purchase of the home. See below for the income requirements. To make this home affordable, the Trust retains ownership of the land. The new homeowner owns the home and has a 99-year lease on the land. Thus, the owner needs to secure a mortgage only for the price of the home without the land.

If you are interested in this home, you can visit litchfieldhousingtrust.org, write us at our Post Office Box, or contact me by email or phone. To begin the application process, you should complete a Statement of Interest, available on-line or by contacting me.

Bob Berson
Administrator
Litchfield Housing Trust
860-567-4465
Email: info@litchfieldhousingtrust.org

2009 Income Requirements
(Gross family income must be below these amounts)

Family Size - Family Income
3 - $57,600.00
4 - $64,000.00
5 - $69,100.00

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