1701 Prospect St La Crosse, WI 54603

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New construction for sale by the City! This home was constructed in partnership with Western Technical College. The actual sale price is $190, 000 however qualified Purchasers will be eligible to receive a deferred 2nd mortgage of up to $45, 000 and a forgivable 3rd mortgage of $25, 000 to help make monthly mortgage payments affordable. The deferred 2nd mortgage accrues at 3% simple interest capping at 50% of principal; monthly payments are not required until the first mortgage is paid off. The forgivable 3rd mortgage is 0% interest, forgiven over 15 years. Purchaser shall have financing of at least $120, 000 and must meet the gross income eligibility requirements to be eligible for the City's Replacement Housing Program. Must remain single family owner occupied. 1st round of apps due 6/18/24