Housing Assistance Corporation Blog

Lovely Eastham Condo

Posted by Chris Kazarian on Thu, Apr 12, 2018 @ 12:38 PM

 

70 Dory Front for use

This one-bedroom, one-bath Eastham condo at 70 Dory Lane is being offered at $154,399 with a deed restriction. Featuring 750-square feet of living space and a garage, it’s perfect for a first-time homebuyer on Cape Cod.

The $123 monthly condo fee covers snow removal and landscaping.

Eligible applicants must be first-time homebuyers, with some exceptions; have a household income at or below 80% of the Area Median Income (AMI) for Barnstable County; and have less than $75,000 in assets.

Click this link for an application. To see more affordable listings for sale, visit Cape Community Real Estate's website here.

Tags: first-time homebuyer, affordable homeownership, Cape Community Real Estate, real estate listings, Nonprofit Real Estate, Gael Kelleher, Betsie Rumbaugh, affordable housing, workforce housing, homeownership

Ideal Centerville Location

Posted by HAC Staff on Wed, Dec 27, 2017 @ 05:05 PM

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In addition to listing a number of affordable, deed-restricted homes, HAC’s Cape Community Real Estate (CCRE) Department assists customers with the purchase and sale of market rate homes on Cape Cod and the Islands. Fees generated from the sale of these homes goes directly back to support HAC’s housing programs. Our agents are experienced, fully-licensed and have full access to the Multiple Listing Service (MLS).

Among the market rate properties we currently are listing is this 4-bedroom, 2-bath Cape home at 67 Marie-Ann Terrace in Centerville. Priced at $375,000, this home features hardwood floors, two fireplaces with 2 large bedrooms and a full bath upstairs, and 2 bedrooms and a full bath on the first floor. 

To see more photos of this home, click this link. For more information on this property, contact Cape Community Real Estate's Betsie Rumbaugh at ccre@haconcapecod.org or 508-778-7500. 

Tags: CCRE, Cape Community Real Estate, Gael Kelleher, Betsie Rumbaugh, real estate listings, Nonprofit Real Estate, Centerville

Affordable Condo in Mashpee

Posted by HAC Staff on Fri, Oct 06, 2017 @ 12:17 PM

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Call this 1-bedroom, 1-bath condominium yours for only $169,000. Located in a quaint, quiet neighborhood in Main Street Village, this condo is in a four-unit building on the upper level.

The condo, which comes with a resale restriction, has two deeded parking spaces, a detached garage, ample basement and closet space, and gas-forced hot water heat.

Eligible applicants must be first-time homebuyers. Incomes may not exceed 120% of the Area Median Income (AMI) for Barnstable County which is equivalent to $75,800 for a one-person household and $86,600 for a two-person household. Household assets must be less than $75,000.

Click here to download an application for this home. And click here to see more affordable homes for sale on Cape Cod. If you have questions about this or other homes, contact HAC Real Estate Assistant Betsie Rumbaugh at ccre@haconcapecod.org or 508-771-5400, ext. 285.

Tags: homeownership, Mashpee, Cape Community Real Estate, Betsie Rumbaugh, Affordable Housing on Cape Cod, affordable homeownership, first-time homebuyer

HAC Holds Information Session for Mill Hill Affordable Units

Posted by Chris Kazarian on Fri, Jun 09, 2017 @ 02:49 PM
Mill Hill-1.jpgHAC Real Estate Assistant Betsie Rumbaugh answers a question about the lottery application for the affordable units at Mill Hill Residence in Yarmouth. 

When our loved ones grow older, how will we be able to care for them? It’s a question more Cape Codders are asking, particularly with an aging population; a Community Health Needs Assessment published by Cape Cod Healthcare last fall noted that nearly 26% of Barnstable County’s year-round population is over the age of 65, compared to 14% in Massachusetts and 13% in the nation.

The University of Massachusetts Donahue Institute predicts those numbers will only grow, estimating that by 2035 nearly 35% of the county’s population will be over 65.

That will bring with it a host of challenges that South Yarmouth’s Debbie Martin and Barnstable’s Cheryl Gibson are already grappling with. The pair were among a handful of residents who attended an information session focused on eight affordable units being built as part of Mill Hill Residence in Yarmouth that staff in HAC’s Cape Community Real Estate department held last month at the Yarmouth Senior Center.

Mill Hill is the latest assisted living facility that Maplewood Senior Living has constructed on Cape Cod. Last year, HAC conducted a lottery for 14 affordable units at Maplewood in Brewster. HAC will be doing the same for the eight affordable units in Mill Hill; a total of 75 units are being constructed there, representing a mixture of assisted living and memory care units.

Gael Kelleher, director of Cape Community Real Estate, said HAC’s role is to determine the eligibility of those applying for the affordable units based upon their income and assets. She said that interested applicants and caregivers should not disqualify themselves or a loved one before applying, noting that there were 45 people eligible for the 14 affordable units in Brewster. 

Both Gibson and Martin attended the session not for themselves, but for their mothers. “It is a lot for families,” Gibson said of serving as a caregiver. Her mother will soon turn 89 and would benefit from being in a facility like Mill Hill that offers memory care services. “There’s so many different aspects of it, between making sure she takes her medication on time to having some social stimulation rather than staring at the TV by herself.”

It was a similar story for Martin, whose 89-year-old mother currently lives at Thirwood Place, an independent living community for seniors in South Yarmouth. “She is at a point where she needs memory care,” Martin said.

She said having affordable units that provide the kinds of services that Mill Hill does make it an attractive option. And it’s something that more people on Cape Cod will require. “When my generation – I’m a Baby Boomer – starts to retire, we are going to demand a lot more options like this,” she said. 

Interested in applying for an affordable unit at Mill Hill Residence? Click this link to download a lottery application. 

Tags: Mill Hill Residence, Senior Housing, Maplewood Senior Living, Gael Kelleher, Betsie Rumbaugh, Affordable Housing on Cape Cod, affordable housing