As you know, affordable housing has become a crucial issue in Jackson and Haywood Counties, as the number of affordable homes for sale or rent are in a historically short supply. Smoky Mountain Housing Partnership is working on solutions and we have some good news to share on these projects that are moving forward:
The Self-Help program brings together a group of four to six qualifying households to work cooperatively to build their homes under the guidance of a construction supervisor.
All homes are financed with low-interest USDA mortgages, which along with the “sweat equity” construction hours put in by the homeowners, reduce the overall cost of the homes. With the Self-Help program, neighbors work alongside one another to build a community from the ground up. The program is labor intensive, but also immensely rewarding.
A total of five lots are available as part of the Second Avenue project. Four families have qualified, and we need one more!
SMHP will partner with Kituwah Manufacturing LLC, now known as Cardinal Homes, for the modular shells.
Jackson County has committed to $30,000 to support infrastructure costs. In addition, Tuckaseigee Water & Sewer Authority has committed to $8,620 (partial in-kind) for water and sewer system development.
We continue to seek other in-kind services, materials and a locking travel trailer to support this work.
Three bedroom, two bath homes will be the first developed, and Smoky Mountain Housing Partnership has identified potential lenders to help with down payment assistance.
SMHP is a member of the North Carolina Housing Finance Agency, so eligible households can receive down payment assistance up to twenty percent of the sales price through a deferred 0% interest loan.
For more information, contact SMHP Director Heather Boyd at 828-452-1447.
Thanks for your support of SMHP! Together, we will build a strong foundation for affordable housing in Haywood and Jackson Counties.