Southampton Town has announced it will hold a lottery for 15 affordable townhouses at the Southampton Pointe development on Village Green Drive off of County Road 39 in Southampton. Each townhouse has two bedrooms and one and a half baths.
To be eligible, families must meet income requirements set by the U.S. Department of Housing and Urban Development for 2018-19. The sales price for those earning 80 percent of the median income is $233,375, while those earning 120 percent of the median income can purchase one of the townhouses for $350,125.
In Southampton, a family of two can earn up to $74,700 and a family of four can earn up to $93,350 to be considered earning 80 percent of the median income. Those earning $112,050 for two people or up to $140,050 for four people are considered at the 120 percent level.
Each townhouse has two bedrooms and one-and-a-half baths. The townhouses are being offered through the cooperative efforts of Fairfield Southampton, L.L.C., Southampton Town, and the Long Island Housing Partnership.
Applicants must submit a new lottery application to the Long Island Housing Partnership in order to be entered into the lottery. The lottery will establish the ranking number to submit a formal application to LIHP for eligibility to purchase the home.
Applicants are required to pay a non-refundable application fee and submit their application by 5 PM on October 12. Lottery applications and instructions are available by visiting www.lihp.org.
The lottery itself will be held at Southampton Town Hall on October 25, at 3 PM. Applicants do not have to attend the lottery to be placed on the ranking list.
The Long Island Housing Partnership, a certified HUD counseling agency, is conducting the lottery and application process for this program. For questions about the lottery and applications, contact the Long Island Housing Partnership at 631-435-4710.