Affordable Eastside Home for Sale:
230 N Marquette St.
Madison, WI 53704
- 3 Bedroom 1 Bathroom 1019 Square Foot home: $186,000
- Newly constructed detached 2 car garage
- Large enclosed sunroom
- New roof, entry stairs, dishwasher, water heater and water softener
- Recently replaced siding, soffit, fascia, and flooring
- Walking distance to Starkweather Creek path and bus stops
More information HERE (más información en Español)
ELIGIBILITY CRITERIA FOR THIS HOME
- Household income must be below 80% county median income (see table below)
- You must not own other property at the time of closing
- The maximum amount of “liquid assets” that you can have in reserves after closing cannot exceed the equivalent of twelve months of Principal, Interest, Taxes, Insurance and lease fees
- Submit a program pre-application to determine eligibility
- Attend an MACLT orientation with staff
- Be pre-approved for a mortgage at the value of the house available, with necessary down-payment or down-payment assistance
- Attend a HUD certified homeowner education workshop (completion certificate valid for 18 months)
2023 Maximum household gross (before taxes) income limit (80% Dane County Median):
| Household Size | Income Limit |
| 1 | $66,300 |
| 2 | $75,750 |
| 3 | $85,200 |
| 4 | $94,650 |
| 5 | $102,250 |
| 6 | $109,800 |
| 7 | $117,400 |
| 8 | $124,950 |