Cambridge Crossing – A Planned Community
Welcome home to Simsbury’s newest community of 79 homes to be built by award winning Sunlight Construction. 16 home sites with 2 models to choose from are located throughout the community where household income limits apply. Cambridge Crossing is a thoughtfully planned community which offers low maintenance living, highly energy efficient homes, and the low monthly HOA fee includes grounds maintenance and snow removal. Cambridge Crossing offers public water, public sewers and homes are heated with natural gas.
What is workforce housing?
The Workforce Housing Overlay Zone (WHOZ) is intended to create additional housing opportunities within Simsbury while promoting the appropriate development of Simsbury’s historic Town center and other areas of the community.
For more information about the Workforce Housing Overlay Zone please contact Mike Glidden, Town Planner for the Town of Simsbury, at firstname.lastname@example.org
How do I qualify and apply?
At Cambridge Crossing, 16 of our homes are set aside for purchasers whose household income meets certain criteria. Generally, the income limit is determined by the number of bedrooms in the house. These homes will have a deed restriction keeping them as Workforce for a period of 30 years from when first occupied.
As of January, 2020, the following income limits apply:
2 Bedroom home – $70,128 total household income annually, or less
3 Bedroom home – $81,037 total household income annually, or less
4 Bedroom home – $90,387 total household income annually, or less
5 Bedroom home – $99,738 total household income annually, or less
Please note that annual household income is defined as all income earned by all occupants in the home age 18 and higher for a term of one calendar year. Examples of income include wages, tips, unemployment compensation, social security, child support, alimony, any kind of recurring payment from the state or federal government. * A purchaser of the home must certify their income and sign in front of a notary public. The form that is signed will be submitted to an independent 3rd party reviewer, for which there is a one-time, non-refundable fee (paid by the purchaser) of $150.
The Home Buying process for Workforce Purchasers:
- Visit Cambridge Crossing, or take one of our virtual on-line tours, and work with any of our skilled sales staff to determine which home works best for you and your family.
- Choose a homesite that is reserved for a Workforce Home
- Place a reservation on your chosen homesite to ensure that no one else can claim that site for a period of 15 days. During the reservation period, you will fill out the certification form, pay the one- time fee of $150, and it will be submitted to the 3rd party reviewer. During this time, you will also receive, and have time to review, some important documents that will inform you about the community at Cambridge Crossing
- Wait a few days for the certification to come back, and you are on your way to building a beautiful home at Cambridge Crossing.
- It’s time now to write your contract to purchase a custom-made home. You may want to customize your new home with some features that will enhance your home and individualize it to your taste.
* Any questions about what kinds of income need to be reported can be directed to the developer of Cambridge Crossing.
Updated June 2020
What financing options are available?
There are many options available to buyers for financing their home purchase. There are options available for down payment assistance subject to the lenders guidelines and their approval. Here are links to two programs
Connecticut Housing Financing Authority
Housing Development Fund