First Time Home Buyers Friends!
This is a clarification on the announcement below: the monthly tax of 8 Juniper St. # 23 is $15 monthly and not $357.
Tax rates for affordable units are low because the affordable units have a special classification in the Town's Assessment system that makes them 'affordable' to families below annual household incomes at 80% of area median income.
David Guzman, Housing Planner
Happy New Year!
The Town's Housing Division is facilitating the resale of three affordable condos in Brookline via lottery. More information and application packages are available on the Town's website clicking here
150 Pleasant St. # 308 - 1-bedroom / 697 Sq. Ft
Price: $195,422 - Condo fee $464 and monthly tax $15
150 Pleasant St. #402 - 1-bedroom /669 Sq. Ft
Price: $195,422 - Condo Fee $464 and monthly tax $15
8 Juniper St. #23 - 2-bedrooms /759 Sq.Ft.
Price $204,433 - Condo fee $357 and monthly tax $15
Units will be offered only to a first time homebuyer with annual household incomes below at the following thresholds:
For a 1 member household - Annual household income should be $67,400 or less, or a 2 member household, $77,000 or less; for a 3 member household $86,650 or less. Assets Should be less than $75,000.
Guidelines and applications are found here.