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About Cottage Grove sentinel. (Cottage Grove, Or.) 1909-current | View Entire Issue (Aug. 20, 2020)
10A | AUGUST 20, 2020 COTTAGE GROVE SENTINEL | GREAT Save Now On Home Security LOW Monitored by ADT ® the #1 PRICE MONITORING home security company in the U.S. ADT ® 24/7 Monitored Home Security 24/7 monitoring provides peace of mind Yard sign and window decals help deter crime Quickly connect to fi re and emergency response May qualify for a homeowners insurance discount P ER M O N T H 1-855-384-7995 WE’RE AVAILABLE 24/7—CALL TODAY! BASIC SYSTEM: $99 Parts and Install. 36-Month Monitoring Agreement required at $27.99 per month ($1,007.64). 24-Month Monitoring Agreement required at $27.99 per month ($671.76) for California. Offer applies to homeowners only. Basic system requires landline phone. Offer valid for new ADT Authorized Premier Provider customers only and not on purchases from ADT LLC. Cannot be combined with any other offer. The $27.99 Offer does not include Quality Service Plan (QSP), ADT’s Extended Limited Warranty. 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Photos are for illustrative purposes only and may not refl ect the exact product/service actually provided. Licenses: AL-21-001104, AR-CMPY.0001725, AZ-ROC217517, CA-ACO6320, CT-ELC.0193944-L5, DC-EMS902653, DC-602516000016, DE-07-212, FL-EC13003427, GA-LVA205395, IA-AS-0206, ID-ELE- SJ-39131, IL-127.001042, IN-C.P.D. Reg. No. – 19-08088, City of Indianapolis: LAC-000156, KY-City of Louisville: 483, LA-F1914, LA-F1915, LA-F1082, MA-1355C, MD-107-1626, ME-LM50017382, MI-3601205773, MN-TS01807, MO-City of St. Louis: CC#354, St. Louis County: 100194, MS-15007958, MT-PSP-ELS-LIC-247, NC-25310-SP-FA/LV, NC-1622-CSA, NE-14451, NJ Burglar Alarm Lic. # -NJ-34BF00021800, NM-353366, NV-0068518, City of Las Vegas: 3000008296, NY-Licensed by the N.Y.S. Department of State UID#12000317691, NYS #12000286451, OH-53891446, City of Cincinnati: AC86, OK-AC1048, OR-170997, Pennsylvania Home Improvement Contractor Registration Number: PA022999, RI-3582, RI-7508, SC-BAC5630, SD- 1025-7001-ET, TN-1520, TX-B13734, ACR-3492, UT-6422596-6501, VA-115120, VT-ES-2382(7C), WA-602588694/ECPROTEYH934RS, WI-City of Milwaukee: PAS-0002966, WV-WV042433, WY-LV-G-21499. 3750 Priority Way South Dr. Indianapolis, IN 46240 ©2020 DEFENDERS, Inc. dba Protect Your Home DF-CD-NP-Q320 We have the Top Quality Brands you want! Everything For Your Outdoor Needs! DAMIEN SHERWOOD/COTTAGE GROVE SENTINEL The two-story floorplans in the new homes include two- and three-bedroom options aimed at families with income earnings below 80 percent of the area median income. Homes from A1 “I’m excited that we have a couple of young families who have young kids,” said DevNW CEO Emily Rei- man. “I think it’s great they can grow up being friends in this sort of cottage clus- ter environment.” The new homes were developed as a communi- ty land trust, which legally separates the land from the houses, allowing DevNW to retain stewardship over the land. Home-buyers thus acquire full owner- ship of the home without having to cover the cost of the land, providing oppor- tunities for more moder- ate-income buyers. “So for most of the fam- ilies, it’s actually less ex- pensive than the rent that they’re paying now for their rentals,” said Reiman. “And it will allow them to build assets over time, so that’s something we’re real- ly excited about.” As a permanent afford- able housing model, it is also intended to create a long-term habit of home- ownership within the com- munity. The two-story cottag- es feature both two- and three-bedroom versions aimed at families earning below 80 percent of the area median income. This put a cap on eligi- bility, meaning a family of two was limited to an annual income of $41,550 and a family of five limited to $56,100. Average mortgage pay- ments end up being $1,050 a month for the three-bed- room homes and $950 for the two-bedroom. “The big win here is that we’re providing families with a brand new, healthy structure,” said DevNW Asset Building Manager Luis Mendoza. “A lot of them are young and just starting out their families.” With the increasing rate of rent, the new homes provide relief for families struggling to gain a foot- hold and, Mendoza hopes, a place where they can es- tablish long-term stability. “So as long as they’re doing everything they’re supposed to be doing, this is going to be where they potentially retire,” he said, adding that being able to develop wealth and assets is important for building community. “It has a sig- nificant impact in what the City of Cottage Grove has been able to do what we’ve been able to do in conjunc- tion with them in order to help them have a clean, healthy, low-maintenance structure.” One family, Reiman said, is a recipient of a housing choice voucher – former- ly known as a Section 8 – from Homes for Good. “That program has a lit- tle-known provision that allows people who are on a housing choice voucher – if they can find a home to buy where the mort- gage payment, all togeth- er, is still under the fair market rent that is the al- lowed limit for the housing choice voucher, they can actually use that voucher toward ownership instead of toward rental,” said Rei- man. Lane County homes, however, have not been selling at affordable enough rates to utilize the program for some time. “And so we’re very ex- Are you a Chamber Member? Ask us how you can become a member today! cited to have a family who qualified for one of these homes and was able to make that move,” said Rei- man. “We’re hoping that that will become a model and that we can partner with Homes for Good as we’re doing more of these developments in Cottage Grove and around Lane County.” DevNW is currently scouting for land for 2021 applications. S entinel C ottage G rove www.cgsentinel.com @ We can beat any price in Eugene! Give us a call, we’ll chat. OLD MILL FARM STORE cgsentinel @cgsentinel #cgsentinel -Est 1870- Open: Mon-Fri 10-5 Saturday 10-4 327 South River Road Cottage Grove, Oregon 97424 (541)942-3024 Cottage-Grove-Sentinel Contact Shauna Neigh President/CEO of the Chamber of Commerce (541) 942-2411 travis@cgchamber.com 5i5]w>><]cw:TcFCci5tTc]F5tcc]ciHc[>cj>MTT:R>5]cjFww>itCciCi>> Cottage Grove Sentinel Introduces... GUARANTEED HOME SALES 5W^QVOQ[WVMWN\PMUW[\[\ZM[[N]T\PQVO[_MLWQVTQNMVW_ILL\WQ\[MTTQVOaW]Z PW][M ?M_IV\\WPMTXaW]_Q\PW]ZVM_ Real Estate Insurance Package! ?M_QTTZ]VaW]ZWVTQVMIL]V\QTQ\[MTT[NWZWVMTW_XZQKM /]ZIV\MML0WUM;ITM8IKSIOM1VKT]LM[" ?WZL[8PW\W]VLMZNMI\]ZML 0WUM[NWZ[ITMXIOMWVTQVM _WZLIL]VLMZKTI[[QÅML[WVTQVM 7^MZ]VQY]M^Q[Q\WZ[WVTQVM 7VTaIVLQ\Z]V[]V\QTQ\[[WTL Normal price is $45 for 4 issues, insurance is only $5. 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