556 Park Street

556 Park Street

Development profile

Development Location Information: 

556 Park Street, Dorchester
Dorchester

Development Photo: 

Property Manager / Lottery Agent Name: 

Boston Home Center

Email Address: 

Site Phone: 

617-635-4663

Mobile Phone: 

Fax: 

TTY Phone: 

Development Description: 

Newly Rehabbed Single-Family Home priced at $325,000 for Buyers at or below 100% of Area Median.

3 Bedrooms, 1 1/2 Bathrooms, Hardwood Floord, Kitchen, Living Room, Dining Room, Deck, Fenced in Back Yard, Unfinished Basement; Off Street Parking.

Buyer will be selected by lottery.  Interested homebuyers must apply to the Neighborhood Homes Initiative.  

To qualify you must:  be at first time homebuyer; have a minimum household size of number of bedrooms minus one; meet income and asset requirements.

Deed-restricted, owner-occupancy, Boston residency preference; household size preference.

Maximum Household Income limited by Household Size

2 persons:  $78,500                        5 persons:  $105,950

3 persons:  $88,300                        6 persons:  $113,800

4 persons:  $98,100

Lottery application deadline:  April 5, 2017 at 5:00pm

Rental or Ownership: 

Includes ownership units

Other Lease Terms: 

Resale Flag: 

No

Income guide: 

Maximum Household Income limited by Household Size 100% of Median Income 2 persons: $78,500 5 persons: $105,950 3 persons: $88,300 6 persons: $113,800 4 persons: $98,100

Asset Guide: 

Total liquid assets less than or equal to $75,000

Last Renewal Date: 

Friday, March 10, 2017

This development includes utilities in the cost of housing: 

This development has services attached: 

Accesibility Features: 

Is a referral from a service provider needed?: 

Application Type (If Applicable): 

Lottery

Application Process: 

Lottery application process.

Application Deadline: 

Wednesday, April 5, 2017

Application Download: 

This application is accessible to screen readers: 

Brochure Download: 

This brochure is accessible to screen readers: