Half of the units will go to moderate- or low-income buyers.
On average, a seasonal share for a family costs about $350 to $400, although many groups also sell half-shares and have discounts for low-income buyers.
In the United States, mortgage revenue bond loans have supported an average of 100,000 home purchases for low-income buyers between 1986 and 2006.
In Pittsburgh, a demonstration program showed that low-income buyers could be reliable borrowers with properly structured loans.
Toyota retained the low price of its Tercel subcompact for the 1991 model, seeking to lure young and low-income buyers.
The hospital bought vacant lots and built 15 houses, which were sold to low-income buyers.
Among them was a program that offered bigger discounts and better financing to sophisticated investors than to low-income buyers.
Other developers hope to persuade low-income buyers to pay slightly more for energy-saving green features.
Although he does not believe in subsidies for green measures, Mr. Huffman wants his city to educate low-income buyers.
In 1998, the report said, most minority and low-income buyers chose the suburbs.