Larchmere Homes: 30 new affordable lease-purchase homes near completion


The CHN Housing Partners’ lease-purchase program builds affordable homes for low-income individuals to rent. Residents live and pay rent in the homes for 15 years while taking homeownership and financial counseling courses to equip them with the knowledge and skills necessary to become homeowners. Over the past 30 years, CHN has built more than 1,700 lease-purchase homes and more than 1,600 of them have been sold to owner-occupants.

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