Mutual Housing Association Of Southwestern CT, Inc

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             WILLIAM STREET CONDOMINIUMS

 

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William Street

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Development Profile

Mutual Housing Association of Southwestern Connecticut, Inc. (MHA) and The Shore Area Community Development Corporation (SACDC)  announces that it will be taking reservations for the purchase of condominium homes at its newest development - William Street Condominiums. William Street Condominiums, Bridgeport's newest affordable condominium community, is located at the corner of William and East Washington Streets in Bridgeport, Connecticut Convenient to shopping, recreation, transportation, and Bridgeport's central business district William Street Condominiums is the perfect place to take advantage of a reviving community.

William Street Condominiums offer 14 one, two and three-bedroom units - approximately 582 to 1,297 square feet. Buyers can choose from their choice of 6 spacious floor plans with wall-to-wall carpeting, fully equipped eat in kitchens, tiled baths, energy efficient gas heat, washer and dryers and ample storage space.

William Street Condominiums are designed especially for first-time homebuyers and to be affordable to low and moderate-income families. Some units will be reserved for households with income up- to 60% of the area median income for the Bridgeport Metropolitan area (currently $45,120 for a family of four). While price resale restrictions will apply, these restrictions are balanced to help new homeowners build equity while keeping units permanently affordable for future generations of homebuyers.

Construction on the first phase of eight (8) units is expected to be completed by May, with the first units available in June of 2003. Special mortgage programs will be available through People's Bank, Citibank, and other participating lenders.

A full information package and application forms are available at Shore Area Community Development Corporation, 387 Clinton Avenue, Bridgeport and Mutual Housing Association of Southwestern Connecticut's office in Bridgeport at 434 Maplewood Avenue.

Carol Sydnor
Dir. of Homeownership Programs

Mutual Housing Association of Southwest CT.
at (203)-367-6681

 
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