The one-story homes will be sold - net of the assistance listed above - for a sale price of $220,000.
A minimum downpayment of 1% will be utilized to pay the upfront cost of mortgage insurance. And closing costs are likely to exceed the MaineHousing assistance by about $1,000. Thus, homebuyers will have to demonstrate to the lender that they have at least $3,100 in available cash for closing. Additional downpayments can be utilized to reduce the mortgage below $220,000 if desired and available.
The one-story homes will be sold - net of the assistance listed above - for a sale price of $220,000.
A minimum downpayment of 1% will be utilized to pay the upfront cost of mortgage insurance. And closing costs are likely to exceed the MaineHousing assistance by about $1,000. Thus, homebuyers will have to demonstrate to the lender that they have at least $3,100 in available cash for closing. Additional downpayments can be utilized to reduce the mortgage below $220,000 if desired and available.
The one-story homes will be sold - net of the assistance listed above - for a sale price of $220,000.
A minimum downpayment of 1% will be utilized to pay the upfront cost of mortgage insurance. And closing costs are likely to exceed the MaineHousing assistance by about $1,000. Thus, homebuyers will have to demonstrate to the lender that they have at least $3,100 in available cash for closing. Additional downpayments can be utilized to reduce the mortgage below $220,000 if desired and available.
Important Information
Important Information
2023 Annual Campaign
Dear Friends and Neighbors,
We are excited to share that we have cleared the title and are ready to begin our Beachwood Avenue project! This means that there will be six new homes ready to welcome new working families and seniors in the fall of 2025. It’s an exciting project that will require $400,000 in capital fundraising over the next two years, but we know we can do it with the support of our amazing community! And that’s not all we have to celebrate - thanks to the support of donors, in 2023 the Kennebunkport Heritage Housing Trust:
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Held our first KHHT Pickleball Classic in June - a truly smashing (and dinking) success
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Spent many hours building organizational capacity through a new mission and vision statement, by documenting committee policies and procedures, and through establishing clear organizational goals for the coming year
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Welcomed new voices to our committees and created a new committee, the Stewardship Committee, to serve the needs of our current and future homeowners.
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Enhanced the landscaping at Heritage Woods
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Identified possible future build sites and worked with architects and engineers to better understand the build potential of each site
All of this work would not have been possible without individual donors committed to affordable housing!
By expanding our organizational capacity this year we are ready to tackle more than one project at a time and while we break ground for six new homes on Beachwood Avenue in 2024, we will also continue to pursue other land acquisition opportunities.
The quickly changing housing landscape makes our work more important than ever - we have homes to build and a community to strengthen through year-round neighbors in safe, efficient, affordable houses! Your support makes our work possible, thank you for considering KHHT in your charitable giving.
With deepest gratitude,
The Kennebunkport Heritage Housing Trust Board
Thank you gifts for donors
This year we have a new large tote from Sea Bags and a weekly raffle of great prizes to thank donors for your support of attainable housing for working families and seniors!
The 2023 Sea Bags Large Tote is Here!
This year's Sea Bags large tote features the lobster trap tree in Cape Porpoise with an all-over snowfall print making it even more festive! Your new or continuing pledge of $45/month or more gets this bag to you in time for the holidays. Please fill out the following Google Forms to secure your tote and to share how it is best to get it to you.
Sea Bags large tote order form
You can also complete your donation pledge form as a downloadable PDF and email it to infokhht@gmail.com or mail it to:
Kennebunkport Heritage Housing Trust
PO Box 333
Kennebunkport, ME, 04046
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A Weekly Raffle to Say "Thank You"!
Thanks to the generosity of our local business community we have some great weekly raffle prizes for donors! When you make a minimum donation of $50 or pledge to continue an existing monthly donation you will be placed in the weekly raffle drawing. There will be six weeks of prizes so making your donation in week one will put your name in the running for all six weeks of the campaign. The prizes include:
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The 2022 Sea Bags large tote
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The 2022 Sea Bags beverage bucket bag and wristlet
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An hour of bowling and shoes for four at Garden Street Bowl
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A 10-visit pass to Quest Fitness
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A four-pack of spin classes at Maine Revolution
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A $250 gift card to Spurling Fitness
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Winners will be announced on Sundays for that week's prize on our Facebook and Instagram accounts. Prizes will be dropped off or mailed to winners within the week following.
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