Thursday, February 6, 2014

Home for Sale by University District Development Corporation

1616 S. Harrison St.
1,100 square feet
University District

NEW PRICE $99,500

$20,000 First Time Homebuyer Subsidy

•  2 Bedrooms
•  2 Bathrooms
•  Separate Dining Area
•  Laundry Room
•  Dishwasher/Microwave/Stove
•  Ceiling Fans in All Rooms
•  Downstairs Living; Heated & Cooled Bonus Room Upstairs
•  Stand-Alone Garage & Off-Alley Parking in Back

Substantially Rehabilitated:
•  New Heating & Air System
•  New Windows & Doors
•  New Tile/Carpet/Refinished hardwood floors
•  New Cabinets & Countertops
•  New Fixtures & Hardware
•  New Appliances
•  New Paint
•  New Dry Wall & Insulation
•  New Landscaping
•  New Wiring
•  New Deadbolts on All Entrances

Call Barrett Allen, 501.683.7361, for appointment.

Subsidy Available for First-Time Homebuyers

University District Development Corporation is offering eligible first-time homeowners up to a $20,000 subsidy to be used towards down payment, closing costs, and/or home purchase price reduction.

To qualify for the subsidy, prospective buyers must have an annual  income of no more than 80 percent of the area’s median income.

Maximum  gross annual income to qualify:
• $33,700 for one person
• $38,500 for two people
• $43,300 for family of three
• $48,100 for family of four

A first-time  homebuyer has not financed a home within  the last three years prior to the date of closing on a home in the UDDC program.

For an appointment or to learn more about the program guidelines or application process contact Barrett Allen at 501-683-7361 or

University District Development Corporation
2801 South University Ave. University District Building Little Rock, AR 72204