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Kingston Town News

Posted on: June 13, 2022

Kingston Affordable Housing Lottery Jones River Estates

Kingston Affordable Housing Lottery

Jones River Estates - 5 Barrows Brook Circle and 5 Captain Jones Way

www.sebhousing.com

$319,600 for a 3BR home (HOA fees are $80/month)

The first affordable home will be ready for occupancy in the Summer of 2022.

Kingston Affordable Housing Lottery for Jones River Estates.  This is a lottery for the two affordable homeownership units being built within Jones River Estates in Kingston, MA. Both homes will be sold at an affordable price to households with incomes at or below 80% of the Area Median Income. These homes will feature three bedrooms, two and a half bathrooms, and 1,872 square feet of living space. Kitchens feature an island and are equipped with high-quality appliances and granite countertops. Each home comes with a laundry hook-up, fireplace, unfinished basement, four dedicated surface parking spaces, and professional landscaping features.

Maximum Household Income Limits:

  • $78,300 (1 person), $89,500 (2 people), $100,700 (3 people)
  • $111,850 (4 people), $120,800 (5 people), $129,750 (6 people)
  • The Maximum Household Asset Limit is $75,000.

Completed Applications and Mortgage Pre-Approvals must be received or postmarked, by 2 pm on August 9, 2022. Applications and Pre-Approvals postmarked by the deadline must be received no later than 5 business days from the deadline.

A Public Info Session will be held on July 11, 2022 at 6:00 pm via Zoom. Go to Zoom.com – Join – and enter Meeting ID: 818 9317 7595, Passcode: 088159 or via conference call: (425) 436-6200, Access Code: 862627.

The Lottery will be held on August 18, 2022 at 6:00 pm via Zoom. Go to Zoom.com – Join – and enter Meeting ID: 857 2736 5609, Passcode: 276410 via conference call: (425) 436-6200. Access Code: 862627

For Lottery Information and Applications, or for reasonable accommodations for persons with disabilities, go to www.sebhousing.com or call (617) 782-6900 (x2) and leave a message, or postal mail SEB Housing, 257 Hillside Ave, Needham MA 02494. Free translation available. Traducción gratuita disponsible

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