The new Equestrian View Subdivision will consist of 102 single-family homes that will cost between $100,000 and $120,000. The Lexington Housing Authority (LHA) has sold lots to pre-qualified homebuilders for the development of 93 affordable homes and nine market rate homes. The nine market rate homes will be sold to purchasers earning greater than 80% of AMI. Potential homebuyers must be income and mortgage eligible, with eligibility being determined by the mortgage lenders. There is no requirement that a potential buyer be a first-time homeowner. The 2010 AMI for Fayette County is $65,500. Please contact REACH at 859.455.8057 to get more information.