Affordable Home Ownership Lottery
Price: 1 Brand New Home $195,000
Description: 3 bedroom, 2 baths. 72 Deer Pond Road, East Falmouth
Come to the Information Session
Tuesday, December 4, 2018 at 6:00 PM
Falmouth Public Library, 300 Main Street, Falmouth
- Application and lottery process
- Eligibility requirements
- Mortgage application process
- Deed restrictions
- Questions for the developer
Applications are available at the meeting.
Applications available at:
- Housing Assistance Corporation
- Falmouth Town Hall
- Falmouth Housing Trust
- Falmouth Public LibraryApplication can be sent to you.
Call 508-771-5400 ext. 284 or email firstname.lastname@example.org
Eligibility: Eligible applicants are First Time Homebuyers* who are able to obtain a mortgage for the purchase price of the home, and household income must be at or below 80% of the Area Median Income for Barnstable County. Household assets must be no more than $75,000.
*with some exceptions to the definition of First Time Homebuyer
1 person – Maximum income – $48,300
2 person – Maximum income – $55,200
3 person – Maximum income – $62,100
4 person – Maximum income – $68,950
5 person – Maximum income – $74,500
6 person – Maximum income – $80,000
5:00 PM January 18, 2019
All applications must be returned to Housing Assistance Corporation, 460 W. Main Street, Hyannis, MA 02601.