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Previous Description:
City of Boston Inclusionary Development Unit / BPDA Income-Restricted Dorchester 2-bedroom, 1-bath condo on the first floor at Baker Square. Professionally managed 175-unit elevator building. Condo includes wood floors, washer/dryer, bonus room, storage locker, riverside patio common area, is pet-friendly, and comes with one parking space. Enjoy this ideal location with a coffee shop and restaurants nearby. Subject to BPDA approval of buyer eligibility (1-person household income up to $57,150; 2-person up to $65,300; 3-person up to $73,450; 4-person up to $81,600). This is a 50% AMI unit. Ask for income limits for larger households. Buyers must have under $100,000 in liquid assets (excluding most retirement and education accounts) and obtain mortgage financing. The unit must be used as the buyer’s primary residence. Buyers must complete an affidavit and be approved by the BPDA. The BPDA requires buyers to contribute at least 1.5% of the purchase price from their own savings.
Updated Description:
City of Boston Inclusionary Development Unit / BPDA Income-Restricted Dorchester 2-bedroom, 1-bath condo on the first floor at Baker Square. Professionally managed 175-unit elevator building. Condo includes wood floors, washer/dryer, bonus room, storage locker, riverside patio common area, is pet-friendly, and comes with one parking space. Enjoy this ideal location with a coffee shop and restaurants nearby. Subject to BPDA approval of buyer eligibility (1-person household income up to $57,150; 2-person up to $65,300; 3-person up to $73,450; 4-person up to $81,600). This is a 50% AMI unit. Ask for income limits for larger households. Buyers must have under $75,000 in liquid assets (excluding most retirement and education accounts) and obtain mortgage financing. The unit must be used as the buyer’s primary residence. Buyers must complete an affidavit and be approved by the BPDA. The BPDA requires buyers to contribute at least 1.5% of the purchase price from their own savings.
