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Hurry! Only 3 left!
Enjoy the pride, stability,
freedom, and peace of mind of owning your own home! Build equity in your own home, rather than building
equity for your landlord! Experience a sense of community and feeling of
belonging amongst other first-time homebuyers! The Riverside Townhomes
condominiums are priced from $104,000 to $140,000. A downpayment assistance grant of 20% of
the purchase price is available from the City of Providence, reducing your price to $83,200
or $112,000!
See our
listings at www.riliving.com. Search for MLS # 956647 or 949171.
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Be
the first to live in a
newly constructed building!
The Riverside Townhomes feature:
- Two or three units
per building
- Two or three
bedrooms
- One and one-half
bathrooms in three-bedroom units
- Open floor plan in
kitchen/living area
- Private basement in
each unit
- Security System
- Energy efficient
appliances: refrigerator, stove, washer and dryer
- Fully wired for
cable TV and telephone
- Two on-site parking
spaces for each unit
- Landscaped grounds
- New six-acre city
park and the Woonasquatucket River Greenway Bike Path just across the
street
- Schools, churches,
grocery stores and other shopping within walking distance
- One block from the
RIPTA bus line
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      Click for a larger view       
 
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60 Curtis St. First Floor
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60 Curtis St. Second Floor
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The Riverside Townhomes are part
of a Community
Housing Land
Trust (CHLT).
What is a CHLT?
A CHLT is an arrangement that keeps homes and land
committed to affordable housing forever! In a CHLT, you own the home and
lease the land from a non-profit community organization. You can build
equity in your home and pass it on to your heirs. You pay a mortgage and
taxes and are responsible for maintenance and repairs. In exchange for the
low price you pay for your home, you may only sell your home to another
income-qualified household, like yourself, according to an
agreed-upon resale formula.
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All buyers
must complete a homebuyer training course, be first-time homebuyers, and meet
income guidelines. For more information about the Riverside Townhomes,
contact
Veronica Martinez at
(401) 351-8719 x 4 or martinez@olneyville.org.
A model unit is available
for showing by appointment at 60
Curtis St.!
Call today to take the first step
toward owning your own home!

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