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Arlington

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FIRST TIME HOMEBUYERS

Affordable Condominiums for first time homebuyers. Arlington’s zoning requires all new developments with six or more units to include 15% affordable to low and moderate income households. Purchase prices range from $150,000 to $200,000, with resale prices similarly restricted. Purchasers are selected by lottery, and must attend a class for First Time Homebuyers (see below). For more information, or to be placed on a mailing list, contact Laura Wiener, Arlington Director of Housing, at 781 316-3091. or lwiener@town.arlington.ma.us .

First Time Homebuyers Downpayment Assistance and Counseling Program. Arlington is part of a Consortium of 7 municipalities that together run a program providing assistance to first time homebuyers. The Homebuyers Counseling program is open to people of any income. Income eligible families can also qualify for down payment assistance and deferred second mortgages (a second mortgage for up to 20% of the purchase price with no repayment for 5 years). For more information, or to register for the First Time Homebuyers Counseling Class, contact Dennis Falcione, at 781 324-5720. To see a list of lotteries for first time homebuyers in other communities go to Mass Affordbale Home Lotteries.