Project Address: 146 Morris Avenue, Summit
Build plan: to be completed in 2022
- New construction
- 3 bedrooms in 6 homes; 2 bedrooms in 6 homes
Qualified families who submitted an application by Friday, February 11, will be assigned a lottery number and the prospective homeowner will be selected via lottery at 1:00 p.m. on Thursday, March 17.
Household size must be from 2 to 6 persons. The homes will be sold to eligible low- and moderate-income applicants. Preference will be given to veteran applicants, but all are encouraged to apply. Affordable 30-year mortgages will be provided by Morris Habitat. The homes will have a 30-year deed restriction that allows modest equity upon resale, but mandates that they be sold at an affordable price to other income-eligible families. Prospective homeowners will contribute a minimum of 300 hours of sweat equity.
An L-shaped building with 12 condos will be built on Morris Avenue in Summit in Union County.
The first sponsor is the Summit Civic Foundation.
Pro bono and reduced-fee professional services have been contributed by architect Seth A. Leeb Architect, AIA; attorneys Schenck, Price, Smith, & King, LLP; environmental consultant Eikon Planning and Design, LLC; Stewart Surveying & Engineering, LLC; engineering consultant Bowman Consulting; and real estate appraiser Property Research Associates.
The project is planned to be completed in fall 2022.