City Pockets 195 Affordable Home Ownership Strategy is built on a strategic relationship between City Pockets 195 and the community, where City Pockets 195 provides newly constructed, pre-sold homes to community member buyers with full financial backing from investors. The program includes a homebuyer system that prescreens and selects buyers for community-financed homes, ensuring they are qualified prior to purchase. As a result, the community maintains a large backlog of prescreened and financed home buyers waiting for homes to purchase, creating a consistent and ready pipeline for affordable homeownership.
City Pockets 195 utilizes a pre-construction homebuyer model that allows qualified buyers to secure homes before construction begins. Through this approach, City Pockets 195 and each community member buyer enter into a purchase and sale agreement for the pre-construction purchase of newly developed homes, eliminating market and sales risk upon completion.
Community member buyers are pre-approved and fully vetted through a structured underwriting and review process. Each buyer receives a full financing commitment covering up to 100% of the purchase price, ensuring they are financially prepared prior to construction.
City Pockets 195 delivers homes with full financial backing from investors. This ensures stability throughout the development process while supporting community-member buyers with secure, reliable financing solutions.
Buyers commit to purchasing their homes “on the dirt,” meaning before construction begins. This approach differs from traditional homeownership programs that require completed homes, inspections, and certificates of occupancy before purchase
By securing committed buyers in advance, City Pockets 195 eliminates market and sales risk during construction. This model creates efficiency, accelerates development timelines, and ensures homes are delivered to ready buyers.
Through prescreening and financing, City Pockets 195 maintains a strong pipeline of qualified buyers ready to purchase. This creates a consistent flow of homeownership opportunities and supports long-term community development.
1303 Clementine St.
Download PDF3722-3724 N 19th St.
Download PDF4548 Wayne Avenue
Download PDF1322 West Clearfield Development
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