Courtesy of Keller Williams Realty, Kelly Antonucci Group.
Back on market – This Mayor’s Office of Housing income restricted condo located in Jamaica Plain offers a 2-bedroom back facing layout on the 2nd floor with plenty of natural light, featuring in-unit washer/dryer, elegant hardwood floors, and an included garage parking spot. Eligibility criteria include a maximum income of $83,120 for single-member households and $95,040 for two-member households; inquiries are welcome for larger household sizes. Financing options require a 30-year fixed-rate mortgage meeting Fannie Mae guidelines, with a loan-to-value (LTV) ratio of no more than 95%. Buyers must qualify as First Time Homebuyers and possess liquid assets totaling less than $100,000, with a maximum gift amount of $50,000; certain retirement funds and education savings are exempt from this calculation. Additionally, buyers must be first-time homebuyers. A designated parking spot, number 10, is provided in the garage.
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