Learn how to check program eligibility, prepare for an announced application period, work with a lender, and take the next steps toward purchasing a Paradise Community Homes property in Valparaiso.
Twenty-seven lots are planned. Final home availability, plans, pricing, and timing require confirmation.
Begin by reviewing currently planned homes and understanding the eligibility and financing requirements. Paradise Community Homes develops grant-supported housing, but buyers still purchase their homes and must receive lender approval. Applications, program documents, and purchase details can differ by offering, so rely on current instructions rather than assuming a home is available.
When a home is offered, its first 120 days have a local priority requirement. This does not mean a new application period is currently open.
Applicants must have lived and/or worked in Center Township or within Valparaiso's corporate limits for at least one year during the initial priority period.
Other qualified applicants may be considered for homes that remain available after the initial local period.
There is no program income restriction, but each purchaser must qualify for and be approved by a lender.
These steps explain the program's public requirements and ways to prepare. Always follow instructions announced for the specific home opportunity.
The five Kinsey Street homes have been completed and sold. Cumberland Corner is the next planned community, with 27 lots and home designs of approximately 800 to 1,200 square feet. Planned homesites are not confirmed available homes.
See the Cumberland Corner planFor the first 120 days a home is offered, applicants must have lived and/or worked in Center Township or within the corporate limits of Valparaiso for at least one year. After this period, any remaining homes open to other qualified applicants. There is no program income limit, but lender approval is required.
Read homebuyer requirementsCheck whether an application period has been announced for a particular home. You can share future-homebuyer interest on this website, but submitting interest does not reserve a home or guarantee eligibility, selection, or approval. Follow the instructions issued for each available home.
Share future homebuyer interestBuyers purchase a home with lender-approved financing; a home is not given away. Existing homebuyer information mentions Right of First Refusal and Shared Appreciation protections. Ask for the current program documents and review the terms with your lender or adviser before signing.
Ask about current documentsFollow the selection and purchase instructions announced for a specific home. If offered the opportunity to buy, stay in touch with your lender and coordinate the applicable construction, closing, and home warranty details with the builder. An interest submission alone is not a completed purchase.
Contact the programKinsey Street's five homes have been built and sold. Cumberland Corner is the next planned project, not confirmed inventory available for immediate purchase.
Plans describe 27 lots, multiple home types, and designs ranging from approximately 800 to 1,200 square feet. Check the current project update and contact the program for confirmed availability or application timing.
The homebuyer materials refer to program rules and ownership protections. Ask Paradise Community Homes for the current documents, and review their terms before making a commitment. The descriptions below are not substitutes for the agreements.
Confirm which requirements and documents apply to the specific home opportunity.
Ask to review the actual agreement and understand how its provisions could affect future ownership decisions.
Review the current agreement with your adviser; its terms matter for a future sale of the home.
Project plans, an interest submission, an official application, lender approval, selection, and closing are distinct steps. Check details with Paradise Community Homes and keep your lender involved while awaiting confirmed home opportunities.
Review the planned community, prepare for lender approval, and ask about the current application instructions before submitting a formal application.