At its November 24, 2014 meeting, the Bangor City Council sold the above plot of land at 120 3rd Street to Habitat for Humanity of Greater Bangor for $1.
Bangor City Council Approves Sale of 120 3rd Street to Habitat for $1
As reported in the November 25, 2014 Bangor Daily News:
In October, city councilors voted to demolish several buildings, including one at 108 Third St., a burned-out home adjacent to 120 Third St. The lot at 120 Third St. is empty, cluttered with debris.
The council voted to sell that .23-acre plot to Habitat for Humanity at a cost of $1, under the condition Habitat build a single-family home on the site. The group has been looking for a spot to launch a new building project in Bangor for several years. A neighborhood revitalization effort is underway in the West Side Village, which includes Third Street. An important goal in that effort is increasing the number of single-family homes.
“We’re excited to find a new family,” Robin Perkins, a Habitat board member, said after the meeting. She said families could apply online or find out whether they’re eligible for the program at habitatbangor.org. Once a family is selected, Habitat will work with them to design and build their new home.
After the building next door at 108 Third St. comes down, the city plans to use funding from the Neighborhood Stabilization Program, which provides federal funding toward efforts to revitalize communities plagued by foreclosures or abandonment, to build another single-family home. The details and cost of that project are still being sorted out.
“The one dilapidated very unsightly lot would get turned into two nice single-family homes,” Jeff Wallace, Bangor’s housing rehabilitation coordinator, said last week.
Application Process to Open Soon
The Bangor City Council approved the sale of a plot of land at 120 3rd Street to Habitat for Humanity of Greater Bangor. Our Family Selection and Support Committee meets on December 2, 2014 and will open the application process soon after. Read below information to learn more about eligibility requirements. To be contacted with details about how and when to apply, please email firstname.lastname@example.org.
Need - In order to be considered for a Habitat home you must have a need. For example if your current housing conditions are not adequate or if you are unable to obtain financing through traditional financing then you have a need. If there are issues with your current housing such as water, heat, electrical, other structural issues as well as overcrowding.
Ability to Pay - Since you are purchasing a home with Habitat for Humanity of Greater Bangor you must be able to have the ability to make the monthly payments on the mortgage. These payments will be calculated to include the appropriate taxes and insurance on the property. Please be aware that we do run credit histories on all potential partner families. The decision on a partner family is not entirely based on credit score but we do look to see if you are making your required payments. Please review the income requirements below. Based on your family size, your income needs to fall within the 30 - 80% median income for the Greater Bangor Area.
Willingness to Partner - Once you have become a partner family you will be required to contribute a set number of sweat equity hours which can be broken up between the Habitat ReStore and the construction of your home. You will also be required to take a first time home buyers class as well as participate in financial counseling with a member of our family support team.