Posted: Monday, December 19, 2011 1:30 pm
East Valley Tribune
Mesa has listed about a dozen homes for sale that it bought and
refurbished in an effort to stabilize an area hit hard by
foreclosures. The homes in the 85204 zip code include
high-efficiency appliances and other energy-saving features. The
homes are listed at www.mesaaz.gov. Click on the “houses for sale”
photo on the main page.
The homes were bought with a grant of about $9.6 million from
the U.S. Department of Housing and Urban Development, which sought
to stem property value declines by funding home rehabilitation.
Mesa has renovated 36 homes so far and sold 24.
Eligible homeowners must provide part of the down payment, meet
certain income criteria, get a 30-year fixed-rate loan, complete
home buying counseling and agree to live in the home 15 years.
Those who qualify will receive down payment assistance and some
closing costs. For more information, call (480) 644-3208 or email
housing.info@mesaaz.gov.
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Monday, December 19, 2011 1:30 pm.
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