PRESS RELEASE: Sept. 18, 2018
Contact: Connie Conway, (631) 702-1743
The Town of Southampton has announced a new housing lottery for 15 affordable homes at Southampton Pointe located on Village Green Drive off County Road 39 in the Town of Southampton. The new condominium townhouses, feature 2 bedrooms and one-and-a-half baths.
Eligible households must meet median income under 2018-2019 income levels established by the US Department of Housing and Urban Development. The sale price for the homes for people earning 80% of the median income is $233,375 and for those earning 120% the price is $350,125. Median income levels are detailed in the chart below:
Family of four | Family of two |
|---|
80% $93,350 | $74,700. |
120% $140,050 | $112,050 |
The homes are being offered through the cooperative efforts of Fairfield Southampton LLC, the Town of Southampton and the Long Island Housing Partnership.
Applicants must submit a new lottery intake application to the Long Island Housing Partnership in order to be entered into the lottery. The lottery will establish the ranking number to submit a formal application to LIHP for eligibility to purchase the home.
Applicants are required to:
- Pay a non-refundable $50 application fee
- Read the instruction packet carefully
- Meet deadline application 5:00pm October 12, 2018
- Application and instructions are available at www.lihp.org
The public lottery will be held at Southampton Town Hall on October 25, 2018 at 3:00pm. Applicants do not have to attend the lottery to be placed on the ranking list.
The Long Island Housing Partnership, a certified HUD counseling agency, is conducting the lottery and application process for this program. For questions about the lottery and applications, please contact the Long Island Housing Partnership at 631-435-4710.