Sweet Spot WELCOME TO THE

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2 Sweet Spot WELCOME TO THE CHANCES ARE, YOU ALREADY KNOW A LITTLE ABOUT STAPLETON. THE BIG PARKS. THE TOP-NOTCH SCHOOLS. THE NEIGHBORHOOD FESTIVALS. THE FUN PLACES TO EAT AND SHOP. BUT WHAT YOU MAY NOT KNOW IS THAT STAPLETON OFFERS A PATH TO HOME OWNERSHIP FOR PEOPLE WITH MODERATE INCOMES. IT S A GREAT OPPORTUNITY TO PUT DOWN ROOTS IN A VERY SPECIAL PLACE. WELCOME TO THE AFFORDABLE HOMES AT STAPLETON.

3 What kind of homes are we talking about? These are real Stapleton homes. Well-designed. Carefully crafted. Super energy-efficient. Surrounded by all the good stuff that Stapleton is known for. And specially priced for people with moderate incomes. Does an affordable home fit your life? Maybe you re retired and on a fixed income. Or you work in the highly important (but not highly compensated) fields of community or customer service. Or maybe you re simply tired of watching your rent payment go up year after year. If any of these sound like you, keep reading. How do you qualify for an affordable home? As with other homes, you ll need to finance your affordable home with a mortgage. And to be eligible for the Affordable Homes at Stapleton, you must meet certain requirements. 1 Maximum household income* Affordable homes are also called income-qualified homes because they are for individuals or families whose gross (before-tax) annual income is at or below the figures below: $42,950 $49,100 $55,250 $61,350 $66,300 $71,200 1-person 2-person 3-person 4 -person 5 -person 6 -person Just to be clear * These maximum income figures are subject to change based on U.S. Department of Housing & Urban Development annual updates. (4/14) 2 3 Primary residence Your affordable home must be your only home, where you live full-time. Finances You must meet your mortgage lender s requirements for income, debt and credit. Depending on your lender and the kind of mortgage you have, you may also have to supply a down payment and closing costs. The thing about affordable homes is that they stay affordable for you and anyone who buys your home. When you buy an income-qualified home at Stapleton, you agree that your home will appreciate at no more than 3.5%* annually, which helps maintain the home s affordability for the next family who lives there. * The 3.5% appreciation cap lasts for a period of 15 years following the home s initial sale, after which the home may be sold at market value.

4 How to Get Started SEE IF YOU RE READY 1 At StapletonDenver.com/Affordable you ll find online resources and tools that will help you figure out if an affordable home is a good fit. 2 LEARN MORE ABOUT THE HOMES Explore Stapleton You'll find a little info about our currently available home choices on the back of this brochure. But be sure to visit StapletonDenver.com to see pictures, dig into the details and get excited. Drop by the Visitor Center. Attend a community event. Have a picnic in the park. Get to know the neighborhood! 3 HELP ALONG THE PATH The homebuilders at Stapleton are here to assist you. They can connect you with lenders, housing counselors and other resources. Have kids? Visit StapletonDenver.com to learn more about the community s neighborhood schools. 4 LEAN ON YOUR LENDER Lenders who specialize in affordable homes not only can help you with your mortgage, they may be able to help with your down payment and closing costs. $ Another Path 5 SAY HELLO TO YOUR NEW HOME If purchasing an affordable, income-qualified home isn t the best fit for you, Stapleton also offers affordable apartments for rent. Learn more at: StapletonDenver.com/Affordable

5 Own your home. And your future. An affordable home gives you a greater level of financial control and stability. (Not to mention a beautiful new home, of course.) GROWING STRONG The benefits of owning an affordable home. A steady house payment. With an affordable home, you never have to worry about your monthly payment going up. Save money. Every home in Stapleton is built to the Energy Star standard for energy efficiency. This can save hundreds or even thousands of dollars every year compared to a typical home. Keep what s yours. Unlike a rent payment, your monthly mortgage payment lets you begin to build equity in your home. And every improvement (like that cool flower box you built for the upstairs balcony) belongs to you, not your landlord. When it s time to sell Find a Realtor who specializes in affordable, incomequalified homes. Not only will this Realtor be an expert in selling your home, he or she may already have a list of buyers looking for a home just like yours.

6 11 excellent schools 38 miles of bike & walking trails 60+ community events every year 100+ stores and shops 41 parks plus one for skateboards Going Places In Stapleton, you re just 15 minutes from downtown and 20 minutes from DIA. Stapleton is a major hub for the Denver bus system. Commuter rail will arrive in 2016, making it even faster and easier to get where you need to be.

7 The Affordable Homes at Stapleton New Town Builders Central Park Rows: Mixed Income* Income-qualified from the mid $100s 1,116 square feet 2 bedrooms *One of every six Central Park Row homes is sold as income-qualified. Northeast Denver Housing Spruce Townhomes Income-qualified from the mid $100s 951-1,333 square feet 2 & 3 bedrooms Learn more at StapletonDenver.com Home selection and pricing The Stapleton community what s here and what s coming Affordable rentals at Stapleton, in case purchasing an affordable home isn t the right fit /StapletonDenver StapletonDenver.com Info@StapletonDenver.com East 29th Avenue, Denver, CO Printed on 100% recycled paper.