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Mayor's Office of Housing (MOH) Income Restricted Resale Condo in Roxbury. This three-bedroom, three-level townhouse condo includes two bathrooms, in-unit washer/dryer, hardwood floors, common outdoor space, extra storage, and one assigned parking space. This condo is subject to MOH approval of the buyer's eligibility application. To purchase, a 1-person household (HH) must earn under $120,000, a 2-person HH under $137,200, 3-person HH under $154,300. 4-person HH under $171,400, and 5-person HH under $185,200. Please inquire for larger HH sizes. Buyer(s) must obtain a 30-year fixed-rate mortgage conforming to Fannie Mae guidelines, with a Loan-to-Value (LTV) ratio less than or equal to 97% of the maximum resale price. Buyer(s) must also have less than $100,000 in countable assets (excluding many retirement and education savings accounts). Eligible buyer(s) must be first-time homebuyers, or have not owned property within the past three years. First showings at Open House.
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Listing provided by Richard Hornblower, Coldwell Banker Realty - Boston
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