Affordable Homeownership Resale Opportunities

There are several units within the Town of Salisbury that are deed restricted as "affordable".

If you are interested in receiving information on future affordable units, please contact Lisa Pearson. Please write "Future Affordable Units" in the subject line. 

 

Essex County Habitat for Humanity is currently accepting applications for Unit D1 in Salisbury – a 3 bedroom, approximately 1200 square foot duplex home.

Applications will be reviewed and accepted on a first-come, first-served basis.

This application cycle will close on May 3, 2024

Northpointe Village (off Seabrook Road):

None available at this time.

Salisbury Woods (off Bridge Road):

None available at this time

Sawyer Farms (off Ferry Road):

None available at this time.

Sheffield Village (54 Beach Road):
None available at this time.

Windgate (135 Beach Road):

None available at this time.

 

 

Other opportunities: 

  201 Central St. #12, Georgetown   Condominium Building    Condo Fee:$435     Year Built:  2001         Est. Annual Taxes: $2,176

The Trust purchased the condo for the purposes of providing an affordable ownership opportunity.  The sale opportunity will be offered through a lottery process.   The property includes 2 bedrooms, 2½ baths, and approximately 1,789 square feet of living area. The unit has 3 floors with both bedrooms on the 2nd floor.The unit will be sold to a qualifying applicant with income at or below 80% of the area median income as a Local Action Unit under the Executive Office of Housing and Livable Communities (EOHLC) Local Initiative Program.  The initial sale amount is $173,400 with a monthly condo fee of $435.00.

Income limits:

1-person $66,300, 2-person $75,750, 3-person $85,200, 4-person $94,650, 5-person $102,250

Asset limits: $75,000            Must be first time homebuyer:Yes

Application Type:Lottery             Application Deadline: May 15, 2024

Application Process:

Applications will be available via email or USPS mail from, and must be returned to Lottery Agent:  Kristen Costa, L.A. Associates, Inc., 11 Middlesex Ave., Suite 5, Wilmington, MA  01887, (978) 758-0197    kriscosta@laassoc.com

Applications will also be available for pickup at Georgetown Town Hall, One Library Street & Georgetown Peabody Library, 2 Maple Street.

Applications can also be downloaded at the following websites:

            L.A. Associates:  www.laassoc.com

Application link http://www.laassoc.com

Brochure Website: http://www.laassoc.com

Application Documents:     201_central_12_lottery_application.pdf

 

Maritime Landing

5 Woodman Way, 308BNewburyport, MA 01950

Price:$240k

Bedrooms:2  Accessible:No    Condo Fee: $387

Year Built: 2004

Est. Annual Taxes: $1,935

This bright 2 bedroom/2 bath home is located on the third floor of the Maritime Landing Condominium. The kitchen contains a breakfast bar as well as a dining area. The home features a private balcony of the living room. This home is accessible by elevator. 

Lottery Information Session to be held Wednesday, April 10th at 12 pm. Please register here.

Lottery Information Session is recommended but not required to submit an application.

Initial collection period for applications to qualify for lottery ends on Tuesday, April 16th at 5 pm.

Property Details

Amenities:

Easy access to Route 95  Close to downtown Newburyport

Unit Details

Basement:No

Additional space: Storage unit/space

Appliances:   Dishwasher Microwave Refrigerator Stove/Oven Washer/Dryer

Garage Parking: There is no garage parking.

Off Street Parking: Yes, there is 1 available space.

Heating type: Gas Air        Conditioning:Yes

Flooring Types:   Carpet, tile and wood

Pets allowed:  Yes         Pet Restrictions: dog has size limitation

Eligibility Information

Income limits:

1 Person - $82,950 2 Person - $94,800 3 Person - $106,650 4 Person - $118,450

Asset limits:

$75,000

Must be first time homebuyer: Yes

Age Restrictions: No restriction

Unit Breakdown      Unit Type# of Units Price Baths SqFt Accessibility

condominum1$240,400.0021,130 sq ft        Not Accessible/Has Barriers/Unknown

Application Information

Application Type:  Lottery

Application Deadline:   April 16, 2024

Application Process:

Please submit the completed application according to the instructions in the application document. Do NOT email your application. If you have any questions or encounter difficulties with submitting your application, please email Carol Marine at cmarine@chapa.org or call (617) 690-8603.

Application Documents:

Document

final_resale_application_-newburyport.pdf

Document

universal_deed_rider_example.pdf

Document

chapa_your_chapter_40b_home_general_infosheet_oct_2023.pdf