Drawing tomorrow for right to buy houses

October 01, 2002

The public drawing for the right to buy nine new luxury townhouses in the Cherrytree Park development in Southern Howard County for less than half the retail price will be held at 6:30 p.m. tomorrow in the County Council chambers.

Leonard S. Vaughan, county housing administrator, said numbers in envelopes representing nine winners and nine alternates will be chosen from among 121 prequalified applicants.

Construction of the brick-front, two-car-garage homes will begin this fall, and most will sell for $240,000, plus options. Under the county's moderate-income housing law, 17 of the 170 units - 10 percent - must be affordable for moderate-income buyers making less than $53,120. The first nine will cost $118,700 under the program.

Vaughan said the other eight homes should be available for another drawing next year, though the county's rules likely will change to allow only people with children to qualify.

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