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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
OR
NHT Homeownership
Landon Woods Applications Have Closed.
​​​Important dates!
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The application period is now closed. If you submitted your application and income verification by the deadline of Friday, November 28, 2025 then please proceed with the process described below.
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Bank/lender pre-qualification for a mortgage and proof of completion of an approved homeownership education course:​ Due to NHT no later than Wednesday, December 31, 2025 at 12:00 pm (noon).
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The homes at Landon Woods will be sold for no more than $378,000 and will be available to first-time homebuyer households earning no more than $110,240 annually. A person is a “first-time homebuyer” if no person in the household has, within the preceding three years, owned a home or owned an interest in a home with one or more people, such as through joint ownership with the exception of:
• Displaced homemakers where the displaced homemaker (an adult who has not worked full-time in the labor force for several years but has, during such years worked primarily without remuneration to care for the home and family), while a homemaker, owned a home with their partner or resided in a home owned by the partner.
• Single parents where the individual owned a home with their partner or resided in a home owned by the partner, and is a single parent, unmarried or
legally separated from a spouse, and either has one or more children of whom the individual has custody or joint custody, or is pregnant;
• Elderly households (where at least one household member is 62 or over);
• Households that owned a principal residence not permanently affixed to a permanent foundation in accordance with applicable regulations; and
• Households that owned a property that was not in compliance with State, local or model building codes and that cannot be brought into compliance for less than the cost of constructing a permanent structure.
Individuals who have a financial interest in NHT or Landon Woods, and their families, shall not be eligible.
In order to enter the lottery you must have completed a first-time homeowners' course within the past two years through YCCAC, Avesta, or another hoMEworks class provider. Proof of completion of this course is required no later than Wednesday, December 31, 2025.
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Late applications will not be accepted, no exceptions.
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Questions? Please email Larissa Crockett at LCrockettnht@gmail.com
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