Preliminary Sales Price Schedule 
 
House Options: 
The Calabash (20' Townhouse): A 1,200 sq. ft. townhome with 3 Bedrooms and 2 ½ Bathrooms, offering a cozy yet 
spacious design ideal for modern island living. 
The Maho (24' Townhouse): A 1,450 sq. ft. townhome with 3 Bedrooms and 2 ½ Bathrooms, featuring a usable rear 
yard perfect for outdoor dining and relaxation. 
 
 
Sales Pricing Framework 
The sales prices above are based on a sliding scale tied to affordability targets between 80% and 120%of the Area 
Median Income (AMI). This framework is designed to balance housing affordability with market realities and 
development costs. 
However, final pricing will depend on the structure of the project’s capital stack. If anticipated grant funding or other 
forms of subsidy are not secured, it may not be possible to offer homes at these target price points. 
We are seeking guidance from VIHFA to help finalize the pricing strategy in a way that aligns with both the agency’s 
housing goals and the financial viability of the project. VIHFA’s input will be key to determining appropriate price 
points that meet program requirements while ensuring long-term sustainability.