Affordable Housing Restriction (Homeownership) City of Boston Public Facilities Department. A certificate of Compliance is needed from buyer the certificate is evidence that a home buyer course has been completed See attached guidelines. Prospective buyer's household assets shall not exceed $75,000 excluding retirement, 401k and education accounts approved by the IRS Gift funds from non-household member(s) shall not exceed 50% of the total household asset limit. Loan to value may not be greater than 97% Closing can be arranged AFTER buyer has taken all required steps and received a Certificate of Compliance. According to Public Records Property was built in 1998Unit may not exceed HUD's moderate income guidelines of 80% Area Median Income (see attached) LTV ratio of loan not to exceed 97% Hope to see you at the open house this coming weekend~
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
