The first phase of Federal Hill construction is scheduled to begin in several weeks, and the developers are ready to take presale agreements starting today.
The Central North Side development will start with 23 townhouses in the 1300 block of Federal Street. Prices range from $130,000 to $230,000 for the three-bedroom homes with two off-street parking spaces. Construction is expected to be complete by November.
For qualified buyers with incomes below 80 percent of the area's median income, the Urban Redevelopment Authority can provide deferred second mortgages to reduce the cost below $100,000. Prospective buyers may contact S&A Homes or the Central Northside Neighborhood Council to become prequalified. To enter into a presale contract, buyers must be qualified by S&A Homes and submit a deposit by April 23.
More information is available from Robert Iseman at S&A Homes at 724-333-4349 or Michael Barber of the Central Northside Neighborhood Council at 412-421-7742.
