Looking for an Affordable Homeownership Opportunity in Hingham?
|Development||Approx. Price||Beds||Baths||Amenities||Contact Info. for Lottery Agent|
|Ridgewood Crossing||$ 183,000||2||2||16 acres conservation, age-restricted (55+) UNDER AGREEMENT||Hingham Housing Authority 781-741-1417|
|Chestnut Gardens (2 units)||$ 207,700||3||1.5||Single-family, close to commuter rail and boat COMING SOON||MCO Housing Services
|Damon Farms (2 units)||$ 195,600||2||2.5||Townhouse, 1-car garage APPLICATION DEADLINE: 12/9/2016||MCO Housing Services
Looking for an Affordable Rental Unit in Hingham?
Avalon at the Hingham Shipyard
Contact the Leasing Office at 781-749-7822 to inquire about availability or place your name on the wait-list.
Brewer Meadows Off of Summer Street
Contact the Housing Authority at 781-741-1417 to inquire about availability or place your name on the wait-list.
Linden Ponds Retirement Community
Contact the Sales Office at 800-521-5031 to inquire about availability or place your name on the wait-list.
How do I locate available affordable housing?
The Housing Trust provides listing information on currently available affordable housing opportunities in Hingham. You can also search for housing statewide by following either of the links below:
State-wide listing of affordable housing lotteries and re-sales published by the nonprofit Massachusetts Affordable Housing Alliance (MAHA)
Registry of affordable rental and homeownership opportunities, including search feature for people with disabilities who require accessible or barrier-free housing
Am I eligible to purchase deed restricted housing?
The eligibility requirements generally include the following:
• The home must be intended for and maintained as your principal residence
• Your assets must not exceed $75,000
• You must be preapproved for a mortgage with a lender
• You must be a first time homebuyer (or one that has had no homeownership interest in a residence during the past three years OR you are a displaced homemaker or single parent who has only owned a home with a former spouse while married)
• You must fall within 80% of the HUD annual median household income in the Boston Area as indicated below:
Household Size 1-person 2-person 3-person 4-person Income Limit $51,150 $58,450 $65,750 $73,050
Where are Homebuyer Education Resources offered?
A number of agencies offer homebuyer education for first-time purchasers. Please follow the links below to find a workshop:
CHAPA's Homebuyer Workshops Calendar for first-time homebuyers
CHAPA's listing of agencies offering online homebuyer education workshops approved by the Massachusetts Homeownership Collaborative
How do I finance a home purchase?
For a listing of financial education classes, please visit MassSaves, a website developed for the purpose of providing Massachusetts residents the information, tools, and opportunities to gain financial and economic education to manage money and build assets.
The ONE Mortgage Program (formerly known as SoftSecond Program) provides affordable financing for low and moderate income homebuyers. Please visit the Massachusetts Housing Partnership for more information and to locate a participating lender.
MassHousing, the state's affordable housing bank, provides information on loans available and approved lenders.