Affordable Homeownership Opportunities in Dorchester: 120-122 Hancock Street
These condominiums, located at 120-122 Hancock Street, are available from $213,700 to $317,000.
This fifteen unit condominium features both one bedroom and two bedroom units with one bathroom per unit. All condos have central AC, stainless steel appliances, and a laundry hook up. This elevator building has a bike storage room, an amenity room, and a mail/package room.
Six 2-bedroom units are available for $243,000 (80% AMI) and another six 2-bedroom units are available for $317,000 (100% AMI). Two 1-bedrooms are available for $213,700 (80% AMI) and one 1-bedroom is $280,700 (100% AMI).
- Two condos are ADA accessible, and one is built out for a person with a hearing impairment.
- Monthly condo fees apply.
In order to ensure that applicants fully understand the deed restrictions associated with these condos, it is STRONGLY RECOMMENDED that applicants attend the virtual information session on NOVEMBER 5 at 6:00 PM.
Please note: Buyers will be selected by lottery. The deadline for lottery applications is November 12, 2024:
- Last updated:
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- Condos are sold by lottery. Only qualified applicants may enter.
- The units are deed-restricted; owner-occupancy requirements apply.
- Income and asset limitations apply. Income limits for qualified buyers are 80% and 100% Area Median Income Limits based on HUD data that was refined and calculated by MHP and the City of Boston.
- Please note: Persons with disabilities and those with limited English language proficiency are entitled to request a reasonable accommodation.
We use City-owned land to create affordable homeownership opportunities for Boston homebuyers. To learn more, visit our website:
Income Limits
To qualify for an 80% AMI unit at 120-122 Hancock street condominiums, your annual income must be equal to or less than:
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1 Persons, $91,400
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2 Persons, $104,450
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3 Persons, $117,500
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4 Persons, $130,550
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5 Persons, $141,000
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6 Persons, $151,450
To qualify for a 100% AMI unit at 120-122 Hancock street condominiums, your annual income must be equal to or less than:
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1 Persons, $114,250
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2 Persons, $130,600
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3 Persons, $146,900
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4 Persons, $163,200
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5 Persons, $176,300
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6 Persons, $189,350
Requirements and Preferences
Requirements
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First-time homebuyer.
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Homebuyer will need to complete an approved homebuyer education course prior to closing.
Preferences
- Boston Residency preference.
- Preference for one (1) person per bedroom.
- Last updated:
-
- Condos are sold by lottery. Only qualified applicants may enter.
- The units are deed-restricted; owner-occupancy requirements apply.
- Income and asset limitations apply. Income limits for qualified buyers are 80% and 100% Area Median Income Limits based on HUD data that was refined and calculated by MHP and the City of Boston.
- Please note: Persons with disabilities and those with limited English language proficiency are entitled to request a reasonable accommodation.
We use City-owned land to create affordable homeownership opportunities for Boston homebuyers. To learn more, visit our website:
