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For Sale

Residences at Elbow Pond

3 bedrooms1.5 bathrooms

Affordable Housing

AFFORDABLE HOUSING LOTTERY

Plymouth, MA
www.sebhousing.com

$330,500 for a 3BR home (HOA fees are $50/mo)

The homes will be ready for purchase shortly after the lottery date

This is a lottery for three affordable 3BR homes at The Residences at Elbow Pond, a new subdivision of 60 homes that are located minutes from Route 3, at Exit 2 and only 45 miles south of Boston and two miles north of the Cape Cod canal and Sagamore Bridge. Each affordably priced home contains between 1,750-2,016 sq.ft. and 1.5 bathrooms. The homes include a 2-zone, forced hot air heating system, instant hot water heater, washer/dryer hook up, garages, and full, unfinished basements. Kitchens feature quality appliances, including a stove, microwave, and dishwasher. The exteriors of the homes are low maintenance vinyl siding and trim. The homeowner is responsible for taxes, insurance, and all home utilities and maintenance. A fee of $50/month covers open space taxes and snow plowing.

The three (3) affordable homes will be sold at an affordable price to households with incomes at or below 80% of the Area Median Income.

Maximum Household Income Limits:
$70,750 (1 person), $80,850 (2 people), $90,950 (3 people), $101,050 (4 people), $109,150 (5 people), $117,250 (6 people)

The Maximum Household Asset Limit is $75,000.

Completed Applications and Mortgage Pre-Approvals must be received, or postmarked, by 2 pm on January 10th, 2022. Applications and Pre-Approvals postmarked by the deadline must be received no later than 5 business days from the deadline.

A Public Info Session will be held on December 15th, 2021 at 6pm via YouTube https://youtu.be/sG9DhrnIiHg (or just search for SEB Housing in YouTube) and via Conference Call – (425) 436-6200. Code: 862627

The lottery will be on January 31st, 2022 at 6pm via YouTube https://youtu.be/6xE4MOq8XF8 (or just search SEB Housing in YouTube) and conference call – (425) 436-6200. Code: 862627

For Lottery Information and Applications, or for reasonable accommodations for persons with disabilities, go to www.sebhousing.com or call (617) 782-6900 (x2) and leave a message, or postal mail SEB Housing, 257 Hillside Ave, Needham MA 02494.

Free translation available. Traducción gratuita disponible

Equal Housing Opportunity

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