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Affordable Homeownership Opportunities in Dorchester: 405 Washington Street

These condominiums, located at 405 Washington Street in Dorchester, are available from $219,500 to $378,000.

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This brand new building has 13 condos available for sale to income-eligible buyers.

The image is a rendering of the new condominium complex at 405 Washington Street in Dorchester, which has 13 condominiums available for sale via lottery. Three of these condominiums have been built out to be ADA compliant; one 1-bedroom is built for a person with a sensory disability.

All condominiums have central AC, stainless steel appliances, laundry hook up, high-efficiency water heaters, and recessed lighting. 

The proposed project consists a total of thirteen (13) affordable homeownership opportunities:

  • Four (4) 1-bedroom condominiums are available for $219,500 to households earning at or below 80% of Area Median Income (AMI);
  • Three (3) 2-bedroom condominiums are available for $258,500 to households earning at or below 80% of Area Median Income (AMI);
  • Two (2) 1-bedroom condominiums are available for $287,400 to households earning at or below 100% of Area Median Income (AMI);
  • Three (3) 2-bedroom condominiums are available for $334,700 to households earning at or below 100% of Area Median Income (AMI);
  • One (1) 3-bedroom condominium is available for $378,000 to a household earning at or below 100% of Area Median Income.  
  • Three condos have been built out to be ADA compliant: one 1-bedroom is built for a person with a sensory disability.
  • 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 JUNE 12 at 6:00 PM.

Register for the info session

Please note: Buyers will be selected by lottery. The deadline for lottery applications is June 26, 2025:

apply now

  • Last updated:
  • Keep in mind:
    • 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.
  • Neighborhood Homes Initiative

    We use City-owned land to create affordable homeownership opportunities for Boston homebuyers. To learn more, visit our website:

    Neighborhood Homes Initiative

    • Income Limits

    To qualify for an 80% AMI unit at 405 Washington Street Condominiums, your annual income must be equal to or less than:

    • 1 Persons, $91,400

    • 2 Persons, $104,450

    • 3 Persons, $117,500

    • 4 Persons, $130,550

    • 5 Persons, $141,000

    • 6 Persons, $151,450

    To qualify for a 100% AMI unit at 405 Washington Street Condominiums, your annual income must be equal to or less than:

    • 1 Persons, $114,250

    • 2 Persons, $130,600

    • 3 Persons, $146,900

    • 4 Persons, $163,200

    • 5 Persons, $176,300

    • 6 Persons, $189,350

    Requirements and Preferences

    Requirements

    • First-time homebuyer.

    • 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:
  • Keep in mind:
    • 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.
  • Neighborhood Homes Initiative

    We use City-owned land to create affordable homeownership opportunities for Boston homebuyers. To learn more, visit our website:

    Neighborhood Homes Initiative

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