Applications are now available for an affordable homeownership lottery at Riverside Woods, 459 River Road, a senior living community for those age 62+. Qualified buyers will be entered into a lottery for 8 affordable one and two-bedroom garden-style condominium units in Building 3. This is the third of 4 lotteries that will be used to distribute the affordable units. The application deadline is February 1, 2021. The application packet can be found here: Riverside Woods Application Packet and are also available at the 2nd Floor Customer Service Center in the Town Offices, 36 Bartlet Street.
Max Income Limits 1 person 2 persons
Up to 60% median $41,460 $47,040
Up to 80% $54,900 $62,750
Up to 120% $82,320 $94,080
Asset Limits for each household:
Median Income Limit Up to 60% Up to 80% Up to 120%
1 Bedroom Unit $142,300 $196,900 n/a
2 Bedroom Unit n/a $220,700 $343,000
KEY MEETING DATES
Public Information Meeting- Via Zoom
6:00 p.m., Thursday, January 7, 2021
Meeting ID: 839 0285 5114
An open house will not be scheduled due to the current Covid-19 pandemic, but you can call the Sales Office Monday - Friday from 9 a.m. to 5 p.m. at (978) 705-4606 to schedule an appointment to view the model units.