HUNTSVILLE, Ala. — The City of Huntsville has approved an agreement with Family Services Center to build an affordable home at 6204 Olson Street NW in northwest Huntsville.
Family Services Center, a certified Community Housing Development Organization (CHDO), will use $238,750 in federal HOME Investment Partnerships funds from the U.S. Department of Housing and Urban Development to construct the three-bedroom home.
The nonprofit will manage the project, including land acquisition, construction, and the sale of the completed home to an income-qualified household. Federal guidelines require the property to remain affordable for at least 15 years and it will be monitored by the City’s Community Development Department…