Clifton Court
The future is being built here.
Why “Urban” Development is Important for Springfield.
Diverse, Safe Convenient Neighborhoods With Homes That People Can Afford.
There is universal consensus by major stakeholders of Springfield that it is critical to improve gateway neighborhoods in order to create a favorable entrance to the central city. As such, NHP has developed a neighborhood revitalization plan to meet the growing demand for a ‘smart growth’ community: one that is centrally located to services, recreation, transportation, and a host of other amenities not easily accessible in the suburbs. Just think of the advantages for the families who live close enough to walk to the library, the YMCA, the Kuss Auditorium, their local Banks, restaurants, or the Heritage Center. This partnership engages our local builders, keeping jobs and investments in our community where it belongs.
Clifton Court Financing
Clifton Court will utilize a creative package of incentives to attract market rate buyers as well as provide affordable homeownership for families with moderate incomes. The construction and end financing is an assemblage of public and private sources including: NeighborWorks America, Local Lenders, City of Springfield, Turner Foundation, Neighborhood Housing Partnership, Private donations. Also, there is a 30 year property tax abatement.
Neighborhood Housing Partnership and our local builders adhere to smart growth principles:
- Create a range of housing opportunities and choices
- Create walk-able neighborhoods
- Foster distinctive, attractive communities with a strong sense of place
- Preserve open space, farmland, natural beauty, and critical environmental areas
- Strengthen and direct development towards existing communities
- Provide a variety of transportation choices
- Make development decisions predictable, fair, and cost effective
- Encourage community and stakeholder collaboration in development decisions.
