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Developer offers HUD‑funded homebuying slots in Midway; few units remain

2514106 · February 27, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

A local broker said five near‑complete single‑family homes in Midway are available through a HUD‑funded down payment assistance program with household income caps and closing‑cost help.

Carol Today, a real estate broker specializing in affordable housing, told the Sanford community meeting that five single‑family homes in the Midway area of Sanford are nearly finished and will be offered through a HUD‑funded program that limits eligibility by household income. She described the homes as three‑bedroom, two‑and‑a‑half‑bath houses with two‑car garages and upgraded finishes and said the program includes down‑payment assistance and additional help for closing costs.

Why it matters: The program uses HUD funds and therefore includes income limits and other HUD requirements; Today said the maximum qualifying income for a family of four is $93,600 (as stated at the meeting). She said the sponsor is also offering 3.5% toward closing costs “on top of the 20% down” (as stated), and urged community groups and local organizations to help spread the word so eligible buyers can apply.

Details and outreach: Today said the homes carry no homeowners’ association fees and that the sponsoring agency wants to sell all five units. She reported strong local interest after a Sanford Police Department Facebook post produced roughly 100 inquiries. Today said there will be a free homebuyer seminar in March (10 a.m.–12 p.m.) with breakfast provided and a tour of one model home afterward; she left flyers and said she would remain after the meeting to answer questions.

Ending: Today encouraged community organizations, employers and residents to refer eligible buyers and to contact her for outreach presentations and seminar details.