City of Boston Inclusionary Development Unit / BPDA Income-Restricted Back Bay 1-bedroom, 1-bath condo on the fourth floor at 360 Newbury Street. Professionally managed 44-unit two elevator building. Condo includes wood floors, washer/dryer, floor-to-ceiling windows, central air, is pet-friendly, and at a concierge building . Enjoy this ideal location with shops and restaurants nearby. Subject to City approval of buyer eligibility (1-person household income between $120,000-$144,000; 2-person household between $137,200-$164,640 and 3-person household between $154,300 - $185,160). 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 used as 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 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 South Boston 3 bedroom / 1.5 bath condo. 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 (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.
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!
Welcome home to a bright and spacious condo near the commuter rail, bus lines, restaurants and shops. As you enter through the spacious hallway, there is a formal dining room with a pass-through window to the kitchen. This level also includes a lofted primary bedroom with skylights, oversized closets and a full bath. The finished lower level offers additional living space with a fireplace, wet bar, full bath, large laundry room with washer and dryer included, and direct access to a private deck. The third level can be used as a home office or additional bedroom. Abundant storage throughout, plus two deeded parking spaces. Close to the commuter rail. Open Houses on Saturday, August 8th, from 11:00 AM to 12:30 PM and Sunday: August 9th, from 11:00 AM to 12:30 PM.
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.