Current Affordable Housing Opportunities

New & Current Homeownership Opportunities: 1521 Beacon Street - These two affordable homes feature 1,850 of livable space, plus a 300 sqft garage. Both units have 2 full bathrooms and one half-bathroom and have one garage parking space and one surface parking space. Units also feature three zones heating and central A/C, quartz counter tops in kitchen and bathrooms, Frigidaire appliances (fridge, stove, dishwasher, microwave), on-demand hot water heater, LVT tile on first floor throughout, master bedroom on first floor, hardwood flooring on second floor, carpeting on third floor, laundry room (but washer/dryer are NOT included). Both affordable homes will be ready for occupancy in Nov/Dec 2018. See flyer for more detail

 

Maximum Household Income Limits for 80% AMI unit: $249,900 for a 3BR Condo
$73,000 (3 people), $81,100 (4 people), $87,600 (5 person), $94,100 (6 people)

 

Maximum Household Income Limits for 65% AMI unit: $248,200 for a 3BR Condo
$63,115 (3 people), $70,070 (4 people), $75,725 (5 person), $81,315 (6 people)

 

 

A Public Info Session will be on July 31st, 2018 at 6 pm in the Druker Auditorium at Newton Free Library (330 Homer Street).

 

The lottery will be on Sept 10th, 2018 at the same location.

 

Applications and Information available at the Newton Free Library (open M-Th 9am-9pm, F 9-6, Sat 9-5, Sun 1-5. The Library is closed on Sundays in July and August.)

 

For Lottery Information and Applications, or for reasonable accommodations for persons with disabilities, go to www.s-e-b.com/lottery or call (617) 782-6900 (x2) and leave a message.

 

Free translation available.

 

 

New & Current Affordable Rental Opportunities: Hancock Estates - is an 88 unit rental apartment community located on 200 Estates Drive in Newton. Nine (9) of the units are affordable rents units. See Information Packet for more detail

 

Maximum Household Income Limits for 80% AMI affordable units: 
$56,800 (1 person), $64,900 (2 people), $73,000 (3 people), $81,100 (4 people)

 

Maximum Household Income Limits for 65% AMI units:
$49,049 (1 person), $56,056 (2 people)

 

Maximum Household Income Limits for 50% AMI units:
$37,750 (1 person), $43,150 (2 people), $48,550 (3 people), $53,900 (4 people)

 

 

Completed applications and required income documentation must be received, not postmarked, by 2 pm on September 10th, 2018.

 

A public info session will be on August 20th, 2018 at 6 pm in the Newton Free Library (330 Homer Street).

The lottery will be on October 3rd, 2018 at the same location.  Applications and information available at the Newton Free Library (open M-TH 9am-9pm, F 9-6, Sat 9-5, Sun 1-5)

 

For lottery information and applications, or for reasonable accommodations for persons with disabilities, go to www.s-e-b.com/lottery or call (617) 782-6900 (x1, then x2) and leave a message.

Free translation available.

 

 

Other Affordable Housing Resources
Please visit the
Affordable Housing Resources page which lists information on other agencies providing affordable housing both in Newton and in the region.

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