Sandy Beach Homes, the CNMI’s first Low Income Housing Tax Credit residential complex, has dropped its rent to $695/month effective March 1, 2012, in line with a new utility allowance rate adopted by Northern Marianas Housing Corp. last week.
The housing complex is funded under the federal LIHTC housing program through NMHC.
“We understand this is a difficult time for families and individuals,” said Sandy Beach Homes managing partner Bob Jones. “NMHC has calculated that, on average, households are paying more for their utilities today than a year ago. In line with that, we have also reduced our rent at Sandy Beach Homes to help those families who need it most.”
Each of the homes has three bedrooms, two bathrooms, washer/dryer, A/C, insulated double-paned windows, water purification system, solar water heater, and ceiling fans in every room. The refrigerator, stove, and dishwasher are Energy Star® rated. Additional amenities include security cameras, a balcony overlooking Saipan’s western lagoon, a parking garage, and typhoon shutters. There are also four ADA units available.
Interested individuals may visit the model home located in unit #210 from 9:30am to 5:30pm Monday through Friday and from 8am to 12pm on Saturdays.
The Sandy Beach Homes complex sits in the heart of Chalan Kanoa, within walking distance of stores, banks, schools, churches, and the main post office. The opportunity to stay at Sandy Beach Homes is open to all legal CNMI residents, including non-U.S. citizens, as long as income and other eligibility requirements are met. Families or unrelated individuals in a group living arrangement may apply as a household.
Applications, a list of required documents, and details about the homes can be found at www.sandybeachhomes.net. Applicants are encouraged to bring their applications for assistance during the open house.
For more information, e-mail the leasing office at email@example.com or call 235-7263 (SAND).