This home was purchased through the NSI First Look program, and the buyer invested more than $54,000 in rehabbing the property, including completely painting the exterior and interior, replacing the roof, adding extensive landscaping and a retaining wall, and installing a new over-the-range microwave, stove, refrigerator, and dish washer. Lawrenceville Housing Corp. (LHC) also added a personal touch to this home by selecting exterior paint colors to create a modern update, yet still remain in line with existing neighborhood aesthetics.
The new homeowner, a single Mother with two children, is a first-time home buyer who just two years ago was homeless. She completed LHC’s two-year transitional housing program and also received her degree as a Surgical Technician from Gwinnett Technical College’s WIA program, ultimately doubling her earning potential. She completed LHC’s home ownership program with the purchase of this property using $14,975 in down payment assistance from HOME funding, as well as $1,500 in IDA funds she earned through LHC’s partnership with BrandMortgage.
This Snellville neighborhood provides a great opportunity for stabilization, as home prices are still affordable and the housing stock is ready for renovation. Area schools are stable, and there is easy access to nearby shopping, parks, restaurants, churches and I-20, one of the major transportation thoroughfares to Atlanta.