JUBILEE HOMES of Syracuse Inc. in cooperation with the City of Syracuse Department of Community Development, continues to undertake its traditional mission of constructing single family homes utilizing the Community Land Trust Concept.

Our homes are 3 Bedroom, Bonus Room on 1st floor, Kitchen, Dining Room, Living Room, 1 and ¾ Bathrooms, and Full Basement on a 40x125 Lot, customized to your taste. Buyer will have the option to pick out selections for siding, carpet, countertops and cabinets (Bathroom & Kitchen), vinyl tile, interior & exterior light fixtures and bathroom and kitchen molding.

These homes, part of a Community Land Trust, qualify for the New York State Affordable Housing Program, which offers up to $75,000 "write-down" per house for qualified low-moderate income buyers. For as little as $53,000, qualified buyers can obtain their dream of homeownership.

$170,000.50- Purchase Price

$102,000.00-Write down Subsides for qualified Buyers.

$5,000.00- AHP for income/family eligible Buyers

$500.00- Down Payment

$62,300.50- Total Buyer will need to qualify for.

(These Prices are subject to change.)

To qualify for such a mortgage, a small family with good credit and minimal debts would need an annual income of at least $18,500.

In addition, residential tax abatements apply to all Jubilee Homes, saving buyers additional money on City/School property taxes.