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Home Ownership Within Reach in The Adirondacks
The Trust Homeownership in the Adirondacks is being priced out of reach for local working families. ACHT was created to keep a selection of Adirondack Park homes affordable for them to purchase. Through an initiative by Senator Betty Little, the State budgeted $1 Million to be used by an “Adirondack Community Housing Trust” to reduce the cost of home purchases for families making up to 120% of area median income. Resale limitations on the property require that future sales of these homes be controlled by ACHT so that they will be passed on to other income-qualified families at affordable prices. |
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