Be a Part of Cleveland`s Housing Renaissance

Transcription

Be a Part of Cleveland`s Housing Renaissance
Be a Part of
Cleveland’s Housing
Renaissance
A Guide to New Housing
Construction in Cleveland
BE PART OF THE RENAISSANCE
OF
LIVING IN CLEVELAND
A RENAISSANCE is underway in the City of Cleveland. These intensive redevelopment efforts
have transformed the City’s neighborhoods into exciting and unique living opportunities.
THE CITY OF CLEVELAND has seen a rebirth, a revitalization. The City is recognized as a
wonderful place to live, work, and play. Owning a newly constructed home has become a reality for Clevelanders of all ages and financial circumstances. More so now than ever before,
mortgage loans are available because of investments the City has negotiated with the lending
institutions.
Low cost land, tax abatement, affordable utilities and low interest home purchase loans have
encouraged new housing construction in the city of Cleveland.
The City of Cleveland’s Housing Development Office is available to interested homebuyers and
developers seeking technical assistance. If you are planning to build a home, contact the City of
Cleveland’s Housing Development Office at (216) 664-2869. Experienced development officers
will be able to assist you in the home building process.
City of Cleveland
Department of Community Development
Housing Development Office
Jane L. Campbell, Mayor
Frank Jackson, City Council President
April 2002
CITY OF CLEVELAND
NEW HOUSING CONSTRUCTION
Amistad In-Fill
Developer:
Sales Contact:
Neighborhood:
Amistad Development Corporation
SeMia Hale, 921-1611
Rysar Properties, 431-7700
Lee-Miles Scattered Sites
East 153rd Street off Lee Rd./Lee Harvard
Approximate
Base Sales Price: $119,900
Total Units:
7
Buckeye In-Fill
Developer:
Sales Contact:
Neighborhood:
Approximate
Base Sales Price:
Total Units:
Buckeye Area Development Corporation
Donald Woodruff, 491-8450
Buckeye/East 102nd - East 104th & Sophia
$119,900
7
Clark Commons
Developer:
Sales Contact:
Neighborhood:
Approximate
Base Sales Price:
Total Units:
Cudell Improvement, Inc./Rysar Properties, Inc.
Vince Ruggieri, 431-7700
Cudell
$139,900
18
Cleveland Housing Network Lease-Purchase/New Construction
Developer:
Sales Contact:
Neighborhood:
Cleveland Housing Network
Brenda Hussein-Bey, 574-7100
Broadway, Ohio City, Mt. Pleasant
Clark-Metro, Glenville & Union Miles
Approximate
Base Sales Price: $94,000
Total Units:
25
Creekside Reserve
Developer:
Sales Contact:
Neighborhood:
Approximate
Base Sales Price:
Total Units:
Aberdeen Homes
Rosemarie Capel/Joyce Henderson, 991-8400
Euclid-Green
$259,900
27
CITY OF CLEVELAND
NEW HOUSING CONSTRUCTION
East Boulevard Condominiums
Developer:
Famicos Foundation
Cleveland Restoration Society
Jennifer Madden, 791-6476
Glenville
Sales Contact:
Neighborhood:
Approximate
Base Sales Price: $175,000 (For Sale)
Total Units:
18
East Central Place
Developer:
Sales Contact:
Neighborhood:
Approximate
Base Sales Price:
Total Units:
Burton, Bell, Carr/ Cleveland Housing Network/Famicos
Kim Scott, 341-1455
Central
$123,000 (Market Rate)
$94,000 (Lease-Purchase)
10 (Market Rate) and 5 (Lease Purchase)
Eco Village
Developer:
Sales Contact:
Neighborhood:
Approximate
Base Sales Price:
Total Units:
Detroit-Shoreway Community Development Organization
David Sharkey/PURE, 619-9696
Detroit-Shoreway
$162,900 (Townhouse) &
$173,000 (Single Family Homes)
20 (Townhouses)
2 (detached Single Family Homes)
Fries & Schuele
Developer:
Sales Contact:
Neighborhood:
Approximate
Base Sales Price:
Total Units:
Neighborhood Progress, Inc./Ohio City Near West Dev.
MaryLou Miller/PURE, 619-9696
Ohio City
$149,900 (Condos) $244,000 (Townhouse)
32 (Condos) and 10 (Townhouses)
Fuller Avenue Homes
Developer:
Sales Contact:
Neighborhood:
Approximate
Base Sales Price:
Total Units:
Burten, Bell, Carr
Kim Scott/Glenn Smith, 341-1455
Central
$129,900 - $137,900
4
CITY OF CLEVELAND
NEW HOUSING CONSTRUCTION
Garden Village
Developer:
Sales Contact:
Neighborhood:
Approximate
Base Sales Price:
Total Units:
Garden Village Development Corporation
Rob McCall, 341-8840
Central
$125,000
2
Glen Village Homes II
Developer:
Sales Contact:
Neighborhood:
Approximate
Base Sales Price:
Total Units:
Glenville Development Corporation
James Mayer, 851-8720
Glenville
$135,000
5
Greenbuilt Homes
Developer:
Detroit-Shoreway Community Development Organization
Greenbuilt Homes
David Sharkey/PURE, 619-9696
Detroit Shoreway
Sales Contact:
Neighborhood:
Approximate
Base Sales Price: $169,900
Total Units:
2
Homeownership Zone
Developer:
Sales Contact:
Neighborhood:
Approximate
Base Sales Price:
Total Units:
BFR Partners/Burten, Bell, Carr
Jeannette Hollowell, 431-1188
Central
$100,000 - $200,000
465
Hough Custom Homes
Developer:
Sales Contact:
Neighborhood:
Approximate
Base Sales Price:
Total Units:
Famicos Foundation
Jennifer Madden, 791-6476
Hough, Chester and Superior
$120,000+
25+
CITY OF CLEVELAND
NEW HOUSING CONSTRUCTION
Irishtown Bend
Developer:
Sales Contact:
Neighborhood:
Approximate
Base Sales Price:
Total Units:
Irishtown Bend Development
Keith Brown/PURE, 619-9696
Flats
$200,000
5
Larchmere Lofts
Developer:
Sales Contact:
Neighborhood:
Approximate
Base Sales Price:
Total Units:
Larchmere Lofts, Ltd.
Tim Perotti, 244-1294 or 371-2938
Shaker Square
$219,900
16
Legacy Homes
Developer:
Fairfax Renaissance Development
Wake Forest/Rysar Properties, Inc.
Denise VanLeer, 421-1111
Fairfax, East 90th-97th Streets
Sales Contact:
Neighborhood:
Approximate
Base Sales Price: $118,000
Total Units:
20
Longmead Village
Developer:
Sales Contact:
Neighborhood:
Approximate
Base Sales Price:
Total Units:
Bellaire-Puritas Development Corp./Ameri-Con Homes
Jay Gardner, 671-2710
Bellaire-Puritas
$130,000 (Townhouse) &
$160,000 (Single Family Homes)
20 (Townhouses) and 10 (Single Family Homes)
Lori Properties Townhouses
Developer:
Sales Contact:
Neighborhood:
Approximate
Base Sales Price:
Total Units:
Lori Properties
Rich Wilson, 440-925-6771
Tremont
$289,000
4 (Townhouses)
CITY OF CLEVELAND
NEW HOUSING CONSTRUCTION
Miles Heights Village Homes III
Developer:
Sales Contact:
Neighborhood:
Approximate
Base Sales Price:
Total Units:
Amistad/Rysar Properties, Inc.
Rysar Properties, Inc., 431-7700
Miles Heights
$118,900
5
Mill Creek
Developer:
Slavic Village Development Corporation/
Zaremba
Rich Horschler, 271-8509
Broadway and Turney Road
Sales Contact:
Neighborhood:
Approximate
Base Sales Price: $149,900
Total Units:
222
Notre Dame Community Homes Lease-Purchase
Developer:
Sales Contact:
Neighborhood:
Approximate
Base Sales Price:
Total Units:
Famicos Foundation
Erica Spaid, 791-6476
Glenville, St. Clair-Superior
$94,000
12
Orchard Park
Developer:
Sales Contact:
Neighborhood:
Approximate
Base Sales Price:
Total Units:
Ohio City Near West Development Corporation
Dave Fegerhaugh, 781-3222
Ohio City Near West
$139,900
27
Parklawn Homes
Developer:
Sales Contact:
Neighborhood:
Approximate
Base Sales Price:
Total Units:
Northeastern Neighborhood Development Corporation
Chaunte Owens, 268-6208
Glenville and Collinwood
$150,000
10
CITY OF CLEVELAND
NEW HOUSING CONSTRUCTION
Phoenix Plan
Developer:
Sales Contact:
Neighborhood:
Approximate
Base Sales Price:
Total Units:
Tremont West Development Corporation
Rysar Properties, Inc., 431-7700
Tremont
$139,900
15
Project A.F.F.O.R.D.
Developer:
Sales Contact:
Neighborhood:
Approximate
Base Sales Price:
Total Units:
Ohio City Near West Develop. Corp./Project A.F.F.O.R.D.
John Lynch, 631-4442
Clark Metro/Ohio City
$109,000
5
Reservoir Place
Developer:
Sales Contact:
Neighborhood:
Approximate
Base Sales Price:
Total Units:
Mt. Pleasant NOW/Rysar Properties
Julie Rivers, 707-9660/ Rysar, 431-7700
Mt. Pleasant, Kinsman & MLK
$178,900
28
Scranton Village
Developer:
Cleveland Housing Network, Inc.
Rysar Properties, Inc. and Sutton Homes
Brenda Hussein-Bey, 574-7100
Clark Metro
Sales Contact:
Neighborhood:
Approximate
Base Sales Price: $142,900
Total Units:
18
CITY OF CLEVELAND
NEW HOUSING CONSTRUCTION
Scullin Place
Developer:
Sales Contact:
Neighborhood:
Approximate
Base Sales Price:
Total Units:
Bosh Builders
Bob Goede, 671-3900
Kamm’s Corners
$218,500
25
Slavic Village Townhouses
Developer:
Sales Contact:
Neighborhood:
Approximate
Base Sales Price:
Total Units:
Slavic Village Development Corporation
Rysar Properties, Inc., 431-7700
Broadway
$160,000 (Townhouses)
$158,000 (Single Family Homes)
19
Stockyards Area Homes
Developer:
Sales Contact:
Neighborhood:
Approximate
Base Sales Price:
Total Units:
Stockyards Area Development Corp./Sutton Builders
Rich Wilson/Realty One, 1-800-532-4987
Stockyards/West 56th Street
$120,000
5
Union-Miles In-Fill
Developer:
Sales Contact:
Neighborhood:
Approximate
Base Sales Price:
Total Units:
Union-Miles Development Corporation
Debra Prater, 341-0757
Union-Miles Scattered Sites
$129,900
10
CITY OF CLEVELAND
NEW HOUSING CONSTRUCTION
University Row Townhouses
Developer:
Sales Contact:
Neighborhood:
Approximate
Base Sales Price:
Total Units:
Tremont West Development Corp./Sutton Builders
Sutton Builders, 621-7899
Tremont/University Street
$306,000
10
Villa Carabelli
Developer:
Sales Contact:
Neighborhood:
Approximate
Base Sales Price:
Total Units:
Alta House Development, LLC
Patti Choby, 391-7872
Little Italy
$350,000
20 (Townhouses)
Water’s Edge
Developer:
Sales Contact:
Neighborhood:
Approximate
Base Sales Price:
Total Units:
Rysar Properties, Inc.
Dave Sharkey/PURE, 619-9696
North Collinwood; Lakeshore Blvd.
$170,000 - $190,000
27
Woodhaven Phase I
Developer:
Fairfax Renaissance Development Corporation
VW Associates, Ltd.
Diana Stickney, 231-5353
Fairfax, East 84th-East 87th and Chester
Sales Contact:
Neighborhood:
Approximate
Base Sales Price: $210,000 (Single Family)
$170,000 (Townhouse)
Total Units:
80
O
wning a newly constructed home has
become a reality for
Clevelanders of all
ages and financial
circumstances. More so now than
ever before, mortgage loans are
available because of investments
the City has negotiated with the
lending institutions.
Low cost land, tax abatement,
affordable utilities and low interest
financial loans are ways in which
the City of Cleveland has encouraged new housing construction.
As a first time home builder in the
City of Cleveland’s neighborhoods,
we are pleased to welcome you and
look forward to the opportunity to
acquaint you with the City’s Single
Family Residential Construction
Process.
The process is handled through
the Department of Community
Development’s Housing Development Office (HDO). The HDO is
the City’s new construction liaison
and provides developers, builders
and individuals with start to finish
development assistance focusing
on site assembly, financial, design,
technical construction assistance
and tax abatement.
Step I
SITE ASSEMBLY
As with any new construction project, the first step entails identification of a building site. One mechanism offered by the City to facilitate residential development projects is the sale of City-owned Land
Bank parcels at $100.00 per parcel.
Interested applicants may call the
Department’s Land Bank Office at
(216) 664-4126 for more information on the process.
Step II
LAND BANK
The criteria for the sale of City
Land Bank property is as follows:
The buyer must complete a Land
Bank application.
The buyer must have a pre-commitment letter from a financial
institution.
The house design, site plan, landscape plan, materials and color
selections must conform with the
City’s Residential Design Guidelines & Housing Construction
Standards and be approved by
the Housing Design Review
Subcommittee, and/or neighborhood design review committee,
and Landmarks Commission.
The builder must be a registered
contractor with the City of
Cleveland and furnish information
on the company’s precise name,
business address and phone number, principals, organizational
structure, and provide evidence of
construction financing.
A copy of the purchase agreement, standard features and
upgrades must be provided prior
to tranfer of the land.
A final end loan commitment letter must be provided.
Step III
DESIGN REVIEW
At this point the home buyer should
have been pre-qualified by a financial institution or lender, have three
copies of site plans, elevations (all
four sides), floor plans (basement
through attic), and contextual photographs of the neighborhood surrounding the proposed building site
within a 250 foot radius ready to
submit for Housing Design Review
Subcommittee.
Step IV
FINANCIAL INCENTIVES
In addition to the affordable land
costs offered through the Land
Bank Program, financial assistance
may be offered to the homebuyer in
the form of a second mortgage.
Through a partnership between the
City and a participating neighborhood-based non-profit, second
mortgage funds ranging from
$3,000 to $10,000 may be available. The City also offers a hybrid
of the second mortgage loan which
allows up to $2,000 of the loan
amount to be diverted, in the form
of a grant, towards closing costs.
The second mortgage is structured
as a deferred loan, which is due and
payable upon the sale, lease or
transfer of the property at 0% interest. Penalties and interest charges
are invoked on a prorated scale during the first five (5) years of the
loan, if the homebuyer transfers
title or refinances. The homebuyer
must be approved by the neighborhood-based non-profit to participate in this program.
If you are planning to build a home,
contact the City of Cleveland’s
Housing Development Office at
(216) 664-2869. Experienced
development officers will be able to
assist you in the home building
process.