Legacy continues with homeownership

Published 12:01 am Tuesday, March 10, 2020

A downtown revitalization program that makes home ownership possible for low- to moderate-income families continues to move forward with seven more parcels of land.

Vivian Ballou, executive director of Legacy CDC, said the nonprofit organization is in its third year working with the city of Port Arthur. So far, approximately 20 new homes are occupied or almost completed. The goal is 60.

A recent action by the Port Arthur City Council was basically a formality to transfer city-owned properties acquired through the Neighborhood Stabilization Program to Legacy CDC.

A view of the kitchen inside a Legacy CDC home in the 1000 block of Sixth Street.

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The process towards homeownership begins with an intake application, which Legacy reviews for eligibility.

Income is a factor in determining which program a person qualifies for.

A prospective homeowner can qualify for $30,000 from the city of Port Arthur toward down-payment assistance or a combination of the $30,000 from the city and another $30,000 from the Port Arthur Economic Development Corporation if he or she meets the requirements.

The program is for those who are gainfully employed but fall into the income categories or either 80 percent of the Area Median Income or 120 percent of the AMI. Interested applicants must also qualify for a mortgage from the bank and Legacy also assists with credit and helping get bank approval.

The newly built, brick homes have three bedrooms and two baths plus a number of other amenities.

Port Arthur City manager Ron Burton explained the benefit to the city.

“This is revitalizing the community and getting the property on the tax roll,” Burton said.

The city maintains the deed for the property until the home is sold.

Ballou said the total goal is to have 60 homes built and in the hands of the homeowners.