The maximum sales price for the affordable unit is $272,100. The 2020 tax rate is $18.46 per thousand. The unit will be sold by lottery as outlined in the attached package. Please review the enclosed information packet thoroughly and complete the application and disclosure statement at the rear of the packet.
PLEASE NOTE: All applicants must include a mortgage pre-approval letter, from an institutional lender familiar with affordable deed restrictions, and complete financial documentation with the application. An application will be considered incomplete and will not be included in the lottery if a mortgage pre-approval letter and all financial documentation is not received on or before the application deadline. Applicants who submitted an incomplete application will be notified after the application deadline and will NOT be included in the lottery. An VA loan is not acceptable as it will not close on a Deed Restricted property.
Wenham Town Hall, Town Clerk's Office, 138 Main Street, Wenham, MA
Enter Meeting ID: 857 3000 3767
Application Deadline
March 1, 2021
Lottery via Zoom
3:00 p.m., Monday, March 15, 2021
Go to Zoom.com, click on Join Meeting
Enter Meeting ID: 821 2999 0709
Passcode: 734992
Contact
MCO Housing Services
978-456-8388
lotteryinfo@mcohousingservices.com.
