who buys our homes?
The Center for Great Neighborhoods rehabilitates historic homes and constructs new homes. We sell these homes to homebuyers of varied income level.
who needs "affordable" housing?
Public service employees like teachers and policemen, young workers new to the housing market, and fixed-income seniors are examples of great candidates for affordable housing. You may never know who might need assistance for buying homes and, often, those candidates provide basic services, vitality, diversity, and cohesiveness to a community.
The affordable homes the Center rehabilitates or constructs meet the exact same standards as market-rate homes; you might never be able to tell the difference from an affordable home and a market-rate home.
click here for a definition of affordable housing.
who buys "market-rate" housing?
Anyone! The Center for Great Neighborhoods provides high-quality rehabilitated and newly constructed homes in neighborhoods with great opportunity. We encourage homebuyers to benefit from the sense of community and camaraderie.
A portion of the houses rehabbed or built by the Center are sold at the full appraised value of the home. These houses can be sold to anyone. There are no income restrictions and no public subsidy is available for the buyer.
For more information about resources and living as a Covington resident, access the Covington Resident Handbook here.