74B Webster Park, Newton, MA3-Bedroom Condominium Priced at $286,000

The City of Newton is accepting applications for 74B Webster Park. This unit is a condominium in a 2-unit development, with 3 bedrooms and 1.5 baths. The condominium fee is $200.00 per month, and the buyer will also pay an estimate of $10.18 per thousand or $243.00 per month in property taxes.
Buyers must have adequate funds for their down payment plus closing costs and a pre-qualification for a mortgage amount sufficient to purchase the unit.
The City of Newton is offering a Down Payment/Closing Cost Assistance grant of $10,000 to eligible applicants for the purchase of 74B Webster Park, Newton, MA.

The unit is deed restricted to ensure permanent affordability. It will be made available through an application and lottery process and sold to a household with an income at or below 80% of the Area Median Income. See the maximum household income limits below.
MAXIMUM Household Income Limits:
1-Person Household: $82,9502-Person Household: $94,8003-Person Household: $106,6504-Person Household: $118,450

Application Period Opens: Monday, October 16, 2023Open House: 74B Webster Park – Saturday, October 28, 2023, 2pm-4pmSaturday, November 4 2023, 2pm-4pm
Application Deadline: Thursday, November 16, 2023, 1:00 p.m.
Lottery: Tuesday, December 5, 2023, 11am via Zoom

Applications are due on November 16, 2023, 1:00 P.M.Applications received after the November 16, 2023; date will not be accepted.
For an application, please click button below:
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Questions?For more information and to request an application, contact Malcolm Lucas, Housing Planner, at mlucas@newtonma.gov (preferred) or 617-796-1149
City of Newton Planning DepartmentHousing and Community Development Division (Room 213, Second Floor)1000 Commonwealth Ave. Newton, MA 02459

Ownership Unit