HOME OWNERSHIP OPPORTUNITY
Developed by: Pace Community Housing Corporation
Realtor : Marie Cashman – eXp Realty (508) 965-0488
Owner/Developer : Pace Community Housing Corporation
- Applicants must qualify for MassHousing’s “Buy New Bedford” program through a participating lender from the Fall River/New Bedford Housing Partnership (see attached list).
- Applicants must be pre-approved during the 30 day lottery period beginning: Septemder 9 to
October 9, 2020. All pre-approved applicants will be notified and entered into the lottery
drawing at a date to be determined after the 30-day preapproval period.
- Applicants will have to provide a minimum of 1.5% (3,225.00) of the purchase price, from
their own funds, for the required minimum down-payment of 3% (6,450.00).
- Down-payment, gap financing and closing cost assistance may be available from the City of
New Bedford in accordance with the City’s “Neighborhoods First” Program underwriting
guidelines. Applicants must be First Time Homebuyers and complete an approved First
Time Homebuyers Seminar.
- Applicants gross annual household income cannot exceed 80% of the median family income
for the City of New Bedford as established by HUD as outlined in the lottery listing sheet available in this link.
- Price: $215,000
- # & Street: 310 Summer Street
- City/Town: New Bedford
- Zip Code: 02740
- Home Style: Cottage
- Home Type: Single Family
- Units: 1
- Bedrooms: 4
- Baths: 1.5
- Home Size (sqft): 1,687
- Lot Size (sqft): 2,988
- Enter Google Map (adds map): 310 Summer St, New Bedford, MA 02740, USA