Avondale, Arizona is trying to entice buyers by subsidizing YOUR down payments, closing costs and renovation expenses. This program is available to roughly 40 different individuals that meet the income and family size requirements. More info coming soon….

Avondale Arizona – ‘Shovel-Ready’ Projects

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Owning a home is a dream in the hearts of many Americans. This dream can become a reality in Avondale, Arizona for those individuals who have the good fortune of taking advantage of the Neighborhood Stabilization Program. Not long ago, Avondale, Arizona was the epicenter of the housing boom. Today, 8.4% of the city’s homes are in foreclosure. These numbers certainly do not reflect the current growth of the area of Avondale or the sense of community shared by those who live there.

This home buyer’s assistance program in Avondale Arizona, authorized by Congress in July of 2008, has allocated funds specifically to help families nestle into a nice home in the great community of Avondale Arizona. The community is set to receive $2.5 million to redevelop neighborhoods damaged by abandoned and repossessed homes. While there are less funds than needed to completely solve the housing issues facing Avondale’s once booming neighborhoods, funds will be targeted to the neighborhoods with the greatest number of foreclosures.

Qualified families who plan to live in the home they purchase will receive incentives from the city’s home buyer’s assistance program in the form of subsidies towards down-payments (up to $35,000), closing costs and renovation expenses (up to approximately $10,000). Eligible buyers include any individual or family with a household income up to $77,050 for a family of four. In order to qualify for assistance from the Neighborhood Stabilization Program in Avondale Arizona, buyers must intent to live in the home they purchase. This home buyer’s assistance program is aimed at assisting families achieve home ownership, not to help investors purchase additional income properties.

Of the homes available for purchase, the structures are solid, but the interiors may need some cosmetic work. The financial incentives provided by the Neighborhood Stabilization Program will assist families to make necessary repairs to their new home.

Not only do prospective buyers benefit from housing prices that range from $130,000 to $230,000; they are also given one-on-one counseling in the area of home ownership and finance in order to help them be successful homeowners. As a part of the program qualifications, interested buyers must enroll in an 8-hour home buyer education class before they take part in the counseling session. This training has been developed in order to help prospective buyers through the home buying process.

“A home provides an anchor for families, gives children stability to grow to their fullest potential, and strengthens our neighborhoods and schools,” said Gina Montes, director of the city’s Neighborhood and Family Services Department. “This partnership will help hard-working families and individuals who have the dream of homeownership in their sights, but not yet within their grasp.”

To receive a complete listing of all foreclosed homes in Avondale, as well as information on the Neighborhood Stabilization Program, visit WestValleyPros.com. You can also call West Valley Pros at 623.521.6647 or email Rob at rob@westvalleypros.com

To sign up for a homebuyer class and get started in the program contact Housing Our Communities, an independent non-profit organization at 480-649-1335 and Jessica@housingourcommunities.org