ARLINGTON, MA — The Arlington Department of Planning and Community Development has announced an affordable homeownership opportunity at 12 Russell Place. The two-bedroom, two-and-a-half bath unit is available to first-time homebuyers who are income-eligible. Eligible households include those earning at or below 80 percent of the area median income.
The purchase price is $266,669. For more information and to schedule a showing, please visit: https://www.affordablehomesma.com/Arlington/Condos/Arlington_Center/Agent/Listing_404492423.html or contact Avi Glaser, the Marketing Agent, at 617-970-2403 or [email protected]
Complete applications will be reviewed on a first-come, first-served basis. All applications must include a pre-approval letter from a bank or mortgage company indicating your household qualifies for a mortgage sufficient to purchase the property. Completed applications must be mailed to Omega Ventures Inc., 55 Loring Street, Westwood, MA 02090, or emailed to [email protected]
Down payment and closing cost assistance is also available through the North Suburban Consortium for income-eligible first time homebuyers. Learn more at https://www.maldenredevelopment.com/content/down-payment-assistance.