30 Flagg Rd APT D, West Hartford, CT 06117

Limited equity low-to-moderate income co-op is seeking a qualified family to join us in co-ownership of a 10-unit complex on beautiful grounds in the Bishops Corner area. For this 900 sq. ft. fully renovated unit, the family must meet - the occupancy, income and requirement criteria to apply. All other families are welcome to be placed on our waiting list by contacting the co-op via email. [Please put WAITING LIST as the subject of the email.] No. of Occupants Annual Income (range) 1 $37,600 - $60,600 (max: 2 children, same gender) 2 $38,400 - $69,200 (max: 2 children, same gender) 3 $39.100 - $77,900 (max: 2 children, same gender) 4 $43,250 - $86,500 (max: 2 children, same gender) Requirements Must not have been a homeowner within the past 3 years. Must supply a copy of credit report/score - Freecreditscore.com supply all three agencies (social security # crossed out). Background Checks will need to be provided for applicants/family members over 18. Must supply copy of latest taxes (social security # crossed out). Must supply Proof of Income (employee # crossed out) Note: Section 8 vouchers are not accepted. Monthly payments are based on 30% of gross income minus a $180.00 utility allowance. [Minimum cost: $740/month but final cost is determined based on gross income.] Cost of child care, medical payments in excess of 3% of gross income, the earnings of a child under 18, and the earnings of resident students under 23 may be used to reduce income to the maximum allowed. A $1,500.00 cash capital contribution is required with at least $500.00 payable at move-in plus the regular monthly payment. If need be, the remainder may be paid over the next two months in addition to the regular monthly payment. These criteria are required by our funding source for affordable housing and can be verified at the CHFA link which can be provided upon request. The available unit is located on the 1st floor. Amenities in this fully renovated unit include: 2 bedrooms (one, with walk-in closet), living room, eat-in kitchen, refrigerator, stove and dishwasher, washer/dryer hook-up, 1 full bath, an attached, enclosed deck, up to 2 parking spaces and private basement storage. Admission to the co-op is dependent upon approval by the present members after review of a completed application ($25 non-refundable application fee payable by money order or bank check), satisfactory credit check, banking verification, landlord and employment verification as well as 2 formal interviews (one onsite and one in-home). The family selected to occupy the unit must be willing and able to participate in monthly meetings on the 2nd Monday of every month (except August and December, as a rule) devoted to the nature and management of a limited equity cooperative and to take an active part in all of the affairs of the co-op such as shoveling, gardening and hold an executive position on our Board every other year. If you are interested in applying for the 2-bedroom unit, please send an email. One of our committee members will contact you within 24 hours. We are looking to fill the unit by 3/1/16. The available unit will be shown by appointment only . Please do not attempt to come onto the co-op property, out of respect to the current residents. APPLICATION DUE DATE: 2/2/16