CIty of Somerville Notice of Inclusionary Housing June 2009

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This Open House was not accessible in the least. Nevertheless, as seen in this exhibit, the City of Somerville still encouraged persons with disAbilities to apply. …

This Open House was not accessible in the least. Nevertheless, as seen in this exhibit, the City of Somerville still encouraged persons with disAbilities to apply.

Also see: http://www.somervillevoices.org/2011/09/16/housing/foia-to-ospcd-affirmatively-furthering-fair-housing/

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  • 1. NOTICE Affordable Home Ownership Opportunity The City of Somerville Mayor Joseph A. Curtatone and Somerville Housing Group Announce that Six (6) condominium units will be offered for Sale to qualifying low & moderate-income households who live or work in Somerville at affordable prices through the City’s Inclusionary Housing Program. All Massachusetts residents requiring handicapped units are encouraged to apply. Mandatory Information Session Tuesday, June 2, 2009 promptly at 6:00pm NOTE LOCATION Somerville High School Auditorium 81 Highland Av. You must attend the Information Session to receive an application. If unable to attend, contact (617) 625-6600 ext. 2577Location and Description80 Webster Avenue near Union Square. This complex contains forty-five new units. Garageparking is required for all residents at $125/mo per car if resident owns a car. !" Unit# 1L is a 3 bedroom, 1 bath unit. Unit will be offered to a minimum household size of 3 persons earning less than 80% of the AMI for $192,000. !" Units# 1F and 2K are 1 bedroom, 1 bath units. Units will be offered to an individual or households earning less than 110% of the AMI for $209,000. !" Units# 2J, 2M and 3M are studio, 1 bath units. Units will be offered to an individual or households earning less than 110% of the AMI for $167,000. US HUD Maximum Area Median Income 80% AMI 110% AMI 1 Person 2 Person 3 Person 4 Person 1 Person 2 Person $46,300 $52,950 $59,550 $66,150 66,110 $75,460Eligibility Requirements !" Purchasers must be first-time homebuyers. !" The unit must be used as the buyers’ primary residence. !" Buyers must live or work in Somerville. !" Significant restrictions regarding the re-sale of the unit will apply. !" Selected buyers must obtain appropriate conventional mortgage financing. To REGISTER for the Information Session please call 617-625-6600 ext. 2577 Open House to view the units will be on Saturday, June 6th from 12 – 2 pm.