Main and Market Streets, Stinesville
New home to be built by BRI, Katrina cottage, three bedroom, two baths
This three-bedroom, two-bath house is to be built across the street from the Stinesville Merchantile. It’s a Katrina cottage with 1,200 square feet of space. Read more.
Read more about BRI’s affordable housing program.
All BRI properties are sold with protective covenants requiring BRI approval of any exterior alteration of existing structures or new construction. Buyers of houses in the Affordable Housing Program must make less than 80 percent of the county’s median income. Those annual income limits, by household size, are: one person, $36,750; two people, $42,000; three people, $47,250; four people, $52,500. The houses are sold with affordability deed restrictions that require that the house remain affordable for 10 years after the initial sale. The new owner must live in the house for 10 years or sell to another buyer who meets the income restrictions.