2- Homeownership Opportunities Accepting Applications

1) 104 Finigan Way, Concord - Affordable home offered via lottery, $234,110

104 Finigan Way, is a 3BR duplex unit with living room, dining area, kitchen, and half bath on the first floor and the bedrooms and full bath on the second floor. The unit has a 2-car attached garage. There is central air-conditioning, with forced hot-air heating and cooling systems and a thermostatic control within the unit. A stove, microwave, refrigerator, and dishwasher are included, and there is a washer/dryer connection in laundry room. The unit has 1,792 square feet of living space.

The purchase price is $234,110. Owners are also required to pay property taxes, estimated at a monthly amount of $288. The condominium fee is currently $135 per month, and the Condominium Association has rules and regulations for all owners that describe the operation of the condominium. The application deadline is 1/21/22. Please see the flyer and application for more details and information on how to apply. Please contact lara@rhshousing.org with any questions.

2) 150 Parker Street, Maynard - Affordable home offered via lottery, $348,200

This affordable home has 4 bedrooms, 2.5 baths, a 2 car garage, and contains 1,992 square feet of living space on two levels. The purchase price to an eligible buyer is $348,200 and it is priced for eligible buyers at or below 80% of the Area Median Income. The maximum gross household income will be verified and compared to the HUD 2021 80% AMI income limits: 1 person- $70,750, 2 person- $80,850, 3 person- $90,950, 4 person- $101,050

An informational zoom meeting will be held on Wednesday, January 5th at 6:30pm, and the application deadline is 1/31/22. Please see the flyer for more details and information on how to apply. Please contact lotteryinfo@mcohousingservices.com with any questions.

3) Battle Road Farm, Lincoln - Affordable townhouse offered on a first-come, first-served basis to eligible applicants, $244,720

This affordable 2- bedroom, 1 ½ bath Townhouse is 26 years old and contains 1,134 square feet of living space on two levels. The first floor contains a living room and dining room in an open floor plan, and a beautiful kitchen that was recently renovated, plus a half bath. Features include hardwood floors in the dining room, living room, and master bedroom, new kitchen cabinets and stainless steel appliances, ceramic tile backsplash, butcher block countertops, and a breakfast bar. The second floor includes two bedrooms and a full bath. There is a large basement with plenty of storage, a laundry area, and a workout room.

The purchase price to an eligible buyer is $244,720 and it is priced for eligible buyers at or below 80% of the Area Median Income. Owners are required also to pay property taxes, and the FY '22 Lincoln tax rate is $14.93 per $1,000 of valuation or an estimated monthly amount of $317. The condominium fee is $549, and includes landscaping, snow removal, trash removal, water and sewer, and master insurance as well as maintenance of common areas.

 The maximum gross household income will be verified and compared to the HUD 2021 80% AMI income limits: 1 person- $70,750, 2 person- $80,850, 3 person- $90,950, 4 person- $101,050

Please see the application for more details and information on how to apply. The condo will be offered to the first eligible applicant who submits a complete application. Please contact lara@rhsohousing.org with any questions.