Single family plans for affordable housing

Flipper/Rehabber · Bloomfield CT · Member since 2020 · 1k+ posts · 409 votes

Several municipalities near me are offering grants to build affordable single family homes. Looking to understand what building plans have worked for others doing the same?

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Jaycee GreenePro Member
Real Estate Consultant · St. Louis MSA · Member since 2024 · 3k+ posts · 727 votes
1y
Quote from @James McGovern:

Several municipalities near me are offering grants to build affordable single family homes. Looking to understand what building plans have worked for others doing the same?

@James McGovern Are those grants for the potential homeowner or the builder? What is your build cost/SF?
[email protected]
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- James McGovern
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  Flipper/Rehabber · Bloomfield CT · Member since 2020 · 1k+ posts · 409 votes
  1y
  @Jaycee Greene incentive targeted at builders. Trying to identify the plans that will result in the lowest cost per sq
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- Jaycee GreenePro Member
  Real Estate Consultant · St. Louis MSA · Member since 2024 · 3k+ posts · 727 votes
  1y
  Quote from @James McGovern:
  
  @Jaycee Greene incentive targeted at builders. Trying to identify the plans that will result in the lowest cost per sq
  
  @James McGovern What's the grant program called? Are you a builder/GC?
  [email protected]
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- James McGovern
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  Flipper/Rehabber · Bloomfield CT · Member since 2020 · 1k+ posts · 409 votes
  1y
  @Jaycee Greene it is a local program. Different towns in Connecticut are rolling out there own and have interesting ways to fund it
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- Jaycee GreenePro Member
  Real Estate Consultant · St. Louis MSA · Member since 2024 · 3k+ posts · 727 votes
  1y
  Quote from @James McGovern:
  
  @Jaycee Greene it is a local program. Different towns in Connecticut are rolling out there own and have interesting ways to fund it
  
  @James McGovern are you currently a GC/builder? Keep in mind those types of subsidies have a lot of "hoops" to jump through...
  [email protected]
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- James McGovern
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  Flipper/Rehabber · Bloomfield CT · Member since 2020 · 1k+ posts · 409 votes
  1y
  @Jaycee Greene if I can identify the cost to build, I could then ascertain whether it is worthwhile to jump through the hoop
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