Department of Neighborhood Development Income Restricted 2 bedroom / 1 bath condo includes: renovated kitchen, living & dining room, high-end washer & dryer, closet systems, finished basement w/ extra storage & off-street parking space. Close to public transportation, Longwood Medical, restaurants/pubs, parks, grocery & shops. To purchase this condo w/ a 1 member household you may make up to $63,500, 2 household members (HM) may make up to $72,550, 3 HM may make up to $81,600 & 4 HM up to $95,200. Please ask for income limits for larger households. Buyer(s) must have under $100,000 in liquid assets (please ask for specifics). The asset limit does not include retirement money & education savings. The prospective buyer must obtain a 30-year fixed rate mortgage conforming w/ Fannie Mae guidelines w/ a Loan to Value (LTV) ratio of less than or equal to 97%. Program allows for $50K gift. Prospective buyer(s) may be 1st time home buyers - MUST OWNER OCCUPY - NO INVESTORS. Sorry...No dogs.
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