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The East College Park neighborhood is an established community adjacent to Saint Augustine University with access to public transit, major employers, and the downtown corridor.
The City is facilitating the development of 98 single-family homes and 51 townhome units with 60% buyer income-restricted homes (limits defined by HUD guidelines) and 40% of the homes with no buyer income restriction. Homeowners are required to use the home as a primary residence and will also be subject to a 10-year deed restriction.
East College Park has been recognized as a model of affordable homeownership development in North Carolina. To date, 92 of the 98 single-family homes have been completed or are under construction, while land use for the six remaining lots is undetermined at this time. In the near future, the City will begin construction of townhome units in East College Park.
Income Requirements
As part of the East College Park build, 60% of the homes must be sold to income restricted households with incomes that are below the 80% HUD AMI.
Look below to see if your income qualifies.