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The Community Development Authority of the City of Racine (CDA) is now accepting offers for the brand-new Townhomes at Lincoln-King, and purchasers will receive a $10,000 cash grant for down payment assistance from the City of Racine for purchasing one of the 33 units.
The City’s vision was to create a destination neighborhood that supports the well-being of our residents by creating new homeownership opportunities, paired with services and amenities to support families, including a community center, affordable healthcare, and a great public school.
The Townhomes represent an almost $20 million investment in the Lincoln-King Neighborhood, bringing new homeownership opportunities to the City of Racine. These beautiful, new construction townhomes are located right next to the new, state-of-the-art Martin Luther King Jr. Community Center and Julian Thomas Community School.
The townhomes start at $220,000. Each of the 33 new condo units includes:
- Open floor plan downstairs with great kitchen and living space.
- All kitchen appliances included.
- Three upstairs bedrooms with spacious closets.
- 2 full baths upstairs and downstairs
- Upstairs laundry room with washer/dryer included.
- Two full bathrooms (one on each floor).
- Attached 2.5-car garage.
The City has lenders available and willing to work with potential homebuyers. First-time homebuyers may also qualify for additional down payment assistance from their lender, which can be stacked with the City’s $10,000.
Visit https://www.buildupracine.org/lk-townhomes/ for more information about the application process. Email lkplan@cityofracine.org with questions or to schedule a showing.
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