City of Boston Inclusionary Development Unit / BPDA Income Restricted East Boston Waterfront 3 bedroom / 1.5 bath condo on the 2nd floor. Building is a 30 unit professionally managed elevator building, central AC, and close access to the Maverick Blue Line stop. Condo has in unit washer/dryer and a view overlooking Boston Harbor. Sale is subject to BPDA approval of buyer eligibility (2 member household up to $109,760, 3 member household up to $123,440, 4 member household up to $137,120, and 5 member household up to $148,160). Ask for income limits for larger households. Buyers must have under $75,000 in liquid assets (excluding most retirement and education accounts) and obtain mortgage financing. The unit must be the buyer's primary residence. Buyers must complete an affidavit and be approved by the BPDA / MOH. BPDA requires buyers to contribute at least 1.5% of the purchase price from their own savings unless a VA loan is being used. After purchase, owners are encouraged to become as financially successful as possible!
City of Boston Inclusionary Development Unit / BPDA Income Restricted East Boston Loft / 1 bathroom condo on the 3rd floor with 2 levels. The building is a 217 unit, professionally managed elevator building with central AC, common roof deck, clubroom and close access to the Airport Blue Line stop. The condo has an in unit washer/dryer and an outside parking space. The upper level could be used as a bedroom, home office, or media area. Sale is subject to BPDA approval of buyer eligibility (1 member household up to $120,000, 2 member household up to $137,200, 3 member household up to $154,300, and 4 member household up to $171,400). Ask for income limits for larger households. Buyers must have under $100,000 in liquid assets (excluding most retirement and education accounts) and obtain mortgage financing. The unit must be the buyer's primary residence. Buyers must complete an affidavit and be approved by the BPDA / MOH. BPDA requires buyers to contribute at least 1.5% of the purchase price from their own savings unless a VA loan is being used. After purchase, owners are encouraged to become as financially successful as possible! Open House Sunday, October 4th, 10:30AM-12:00PM.
City of Boston Inclusionary Development Unit / BPDA Income Restricted East Boston Loft / 1 bathroom condo on the 2nd floor with 2 levels. The building is a 217 unit, professionally managed elevator building with central AC, common roof deck, club room and close access to the Airport Blue Line stop. The condo has an in unit washer/dryer and an outside parking space. The upper level could be used as a bedroom, home office, or media area. Sale is subject to BPDA approval of buyer eligibility (1 member household up to $144,000, 2 member household up to $164,640, 3 member household up to $185,160, and 4 member household up to $205,680). Ask for income limits for larger households. Buyers must have under $100,000 in liquid assets (excluding most retirement and education accounts) and obtain mortgage financing. The unit must be the buyer's primary residence. Buyers must complete an affidavit and be approved by the BPDA / MOH. BPDA requires buyers to contribute at least 1.5% of the purchase price from their own savings unless a VA loan is being used. After purchase, owners are encouraged to become as financially successful as possible!
City of Boston Inclusionary Development Unit / BPDA income restricted condo in Jamaica Plain. This second-floor unit has two bedrooms, central AC, a ButterflyMX entry system, and built-in closet storage. The professionally managed elevator building has 28 units, including six commercial units, and a laundry room. A storage closet is included. Close to the Jackson Square Orange Line stop, Centre Street restaurants, Whole Foods, Star Market, the Green Line, and the 39 bus. Jamaica Pond, the Southwest Corridor bike path, and the Longwood Medical Area are also nearby. Sale is subject to BPDA approval of buyer eligibility (1-member household up to $108,000, 2-member household up to $123,480, 3-member household up to $138,870, and 4-member household up to $154,260). Ask for income limits for larger households. Buyers must have under $100,000 in liquid assets (excluding most retirement and education accounts) and obtain mortgage financing. The unit must be the buyer's primary residence. Buyers must complete an affidavit and be approved by the BPDA / MOH. The BPDA requires buyers to contribute at least 1.5% of the purchase price from their own savings unless a VA loan is being used. After purchase, owners are encouraged to become as financially successful as possible! First showings at Open Houses: Friday, October 2nd 6:00PM - 7:00PM, Saturday, October 3rd 10:00AM - 11:15AM, and Sunday October 4th 1:00PM-2:30PM.
City of Boston Inclusionary Development Unit / BPDA Income Restricted South Boston 3 bedroom / 1.5 bath condo. Must be 2 plus house hold members. Building is a 44 unit professionally managed elevator building, central AC, and close access to the Broadway Red Line stop. Condo has in unit washer/dryer. Sale is subject to BPDA / MOH approval of buyer eligibility (1 member household must make between $120,000 - $144,000, 2 member household must make between $137,200 - $164,640, 3 member HH must make between $154,300 - $185,160, 4 member HH between $171,400 - $205,680, 5 member HH between $185,200 - $222,240, & 6 member HH between $198,900 - $238,680). Ask for income limits for larger households. Buyers must have under $100,000 in liquid assets (excluding most retirement and education accounts) and obtain mortgage financing. The unit must be the buyer's primary residence. Buyers must complete an affidavit and be approved by the BPDA. BPDA requires buyers to contribute at least 1.5% of the purchase price from their own savings unless a VA loan is being used.
Open House Cancelled due to storm. Will be next week. City of Boston Inclusionary Development Unit / BPDA Income Restricted Jamaica Plain Loft / 2-bathroom condo on the first floor with 2 levels. The condo is currently being used as a 2-bedroom. The building is a 79-unit, professionally managed elevator building with central AC and close access to the Heath Street Green Line stop. The condo has an in-unit washer/dryer and comes with a private storage space. The upper level could be used as a bedroom, home office, or media area. It also has access to a common gym and common outdoor space. The sale is subject to BPDA approval of buyer eligibility (1-member household up to $96,000, 2-member household up to $109,760, 3-member household up to $123,440, and 4-member household up to $137,120). Ask for income limits for larger households. Buyers must have under $75,000 in liquid assets (excluding most retirement and education accounts) and obtain mortgage financing. The unit must be the buyer's primary residence. Buyers must complete an affidavit and be approved by the BPDA/MOH. The BPDA requires buyers to contribute at least 1.5% of the purchase price from their own savings unless a VA loan is being used. After purchase, owners are encouraged to become as financially successful as possible! First showing at Open House: Saturday, September 12th 1:00PM-2:30PM and Sunday, September 13th 11:00AM-12:30PM.
Mayor's Office of Housing (MOH) Income-Restricted Resale Condo in Chinatown. This 10th floor 1-bedroom condo includes in-unit washer/dryer, concierge building, common outdoor space, AC, bike storage, oak laminate floors, and near the Orange and Silver Line. This condo is subject to MOH approval of buyer's eligibility application. To purchase the condo a 1-person household (HH) must be under $120,000, a 2-person HH under $137,200, and a 3-person HH under $154,300. Please inquire for larger HH sizes. The buyer(s) shall obtain a 30-year fixed-rate mortgage loan conforming with Fannie Mae guidelines with a Loan-to-Value (LTV) ratio of less than or equal to 97% of the maximum resale price calculated. Buyer(s) shall have less than $100,000 in countable assets. The asset limit does not include many types of retirement accounts or education savings. The buyer(s) shall be a first-time homebuyer or someone who has not owned property in over three years.