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Updated over 4 years ago on . Most recent reply

User Stats

20
Posts
12
Votes
Dave Villa
12
Votes |
20
Posts

Workforce Housing Purchase

Dave Villa
Posted

I’m looking at purchasing a condo that’s consider Workforce Housing meaning I technically can’t rent or resell the unit for 3 years - is this a hard fast rule or are there workarounds?

Also worth noting the property has a Maximum Affordable Sale price, currently at 199,000. Seems like a unit like this would sell easy for at least 300,000 outside of these terms - thoughts on all of this?

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