Are you a first-time homebuyer seeking to become a homeowner on Cape Cod? Applications are currently available for a new 3-bedroom, 2-bath single-family home that Falmouth Housing Trust is building at 72 Deer Pond Road in East Falmouth.
“This is a wonderful opportunity for someone to establish their roots in a great neighborhood,” said Falmouth Housing Trust Executive Director Karen Bissonnette. “With the high price of homes, this project will keep a member of our region’s workforce here in Falmouth which is vital to maintaining a vibrant community.”
HAC is overseeing the lottery application process for the 1,600-square-foot home which is priced at $195,000 and comes with an affordable housing deed restriction. Eligible applicants must be first-time homebuyers, with certain exceptions; earn no more than 80 percent of the Area Median Income (AMI) for Barnstable County; and have no more than $75,000 in household assets.
Lottery applications are available in-person at HAC’s office at 460 West Main Street in Hyannis; Falmouth Housing Trust’s office at 200 Main Street, Suite 212; Falmouth Town Hall; and the Falmouth Public Library.
The deadline to return applications to HAC is Friday, January 18, 2019 at 5 pm.
UPDATE: This lottery is now closed and a homeowner has been selected. To view more affordable homes currently available through Cape Community Real Estate, click this link for a full listing of properties