One lucky family will have the chance to move into a new Greenlawn home for $221,000 — if they can beat the odds.

The Town of Huntington started accepting applications July 16 from first-time homebuyers interested in moving into a four-bedroom, 2 1/2-bathroom house in Harborfields Estates. The housing complex is a collection of 47 single-family homes on half-acre plots ordinarily sold at starting at $800,000 each, according to the development’s website. A lottery will be held Sept. 5 to choose at random an individual or family who will be offered the opportunity to purchase the property for about a quarter of the usual cost.

“This is a very unique opportunity for a first-time homebuyer,” said Huntington Supervisor Chad Lupinacci (R). “The exterior is beautiful and I cannot wait to see what it looks like when the interior is complete.”

“This is a very unique opportunity for a first-time homebuyer.”

– Chad Lupinacci

Leah Jefferson, director of the Huntington Community Development Agency, which oversees the town’s Affordable Housing Program, said this is the first time the town is holding a lottery for a single-family home. The two-story house, constructed by developer Island Estate Homes, will be a little less than 2,8500 square feet and move-in ready by the 2018 holiday season.

She said she expects there to be high interest in the property. When town officials held a lottery for affordable senior housing at The Seasons in Elwood in January, the CDA director said nearly 400 applications were received for 10 available units.

“Even though there is only one unit for sale, I would not let that impede people from applying,” Jefferson said. “One person has as good of a chance as anyone else to obtain the unit.”

In order to qualify, those interested must be a first-time homebuyer which the town has defined as a person who has never owned a home, has not owned a home in the last three years or is a displaced homemaker. The purchaser must also demonstrate that their total income — including adult persons age 18 and older combined salary, overtime, bonuses, pensions, social security, tips, etc. — does not exceed 80 percent of the area’s average median income of $61,350 for a single individual increasing to $87,600 for a family of four, in accordance with federal guidelines set by U.S. Department of Housing and Urban Development.

“One person has as good of a chance as anyone else to obtain the unit.”

– Leah Jefferson

“[The purchaser] must give us three years information,” Jefferson said. “If their salary has fluctuated or changed, we will work on the average.”

All applicants must be able to secure a mortgage on their own, according to the CDA director, as the town will not offer financial assistance or financing options. In addition to mortgage payments, the town has estimated potential owners should account for paying $6,000 annually in real estate taxes and $460 in homeowner association fees, which will be billed twice a year.

Town officials will not host an open house, but interested purchasers may contact the developer, at 631-588-8818 to set up a tour of the property.

Those interested must fill out the forms available online at www.huntingtonny.gov/harborfieldsestates by Aug. 17 at 4 p.m. There is a non-refundable processing fee of $26.50 and only one application may be submitted per household.

Income Guidelines to Qualify

Household size     Maximum Income
1 person               $61,350
2 persons              $70,100
3 persons              $78,850
4 persons              $87,600
5 persons              $94,650
6 persons              $101,650

Jefferson said a live lottery will be held Sept. 5 in Room 114 of Town Hall at 5 p.m. There will be two drawings, according to the CDA director. The first will create a priority list for those who are a current resident or employed by a business located in the Town of Huntington, and non-residents who can show they have relatives living in the Town of Huntington. The second drawing will be for all other applicants.

The selected purchaser will not be required to live in the house for any specific length of time, according to Jefferson, as sometimes required with many down payment assistance programs. However, there is a restrictive covenant on the house that the owner must promise to contact the CDA upon putting the house up for resale in the future so as it will remain affordable in perpetuity.

“It’s a wonderful opportunity,” Jefferson said. “It’s not just another rental property, it’s something that they can list and invest in.”

Anyone with questions regarding the application guidelines should contact the Huntington Community Development Agency at 631-351-2884.