Affordable Homeownership Opportunity Info Session

Please note: this info session was originally scheduled for Tuesday, March 14, but was postponed due to predicted snow.

Located on the corner of Cedar St. and Highland Ave, one (1) unit will be offered to income-qualified households at an affordable price through the City’s Inclusionary Housing Program. The unit is part of a 7 unit development.

290 Highland Avenue, Somerville, MA

The 905 sq. ft. two-bedroom unit features central air conditioning, hardwood floors, stainless steel appliances, recessed lighting, washer-dryer hook-ups, and custom built kitchen cabinets. One deeded parking space is included in the price. This convenient Davis Square location is near a bike path and many exciting stores and restaurants. The purchase price is: $180,311 and is available via an application and lottery process to income eligible households earning less than the limits below. A minimum household size of 2 people is required.

Information Sessions will be held on:

• Thursday, March 9, 2017 from 6-7:30 pm @ Visiting Nurse Association, 259 Lowell St. 3rd floor Conference Room and
• Tuesday, March 14, 2017 from 11-12:30 pm @ City Hall, 93 Highland Ave, Aldermanic Chambers, 2nd floor.

Application Deadline: Thursday, May 11, 2017 at 4 PM

Lottery: Thursday, May 25, 2017 at 10 AM

Projected Occupancy: Summer 2017

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