Housing Assistance Corporation Blog

Centrally Located on Cape Cod

Posted by HAC Staff on Thu, Nov 02, 2017 @ 12:17 PM

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Located at 121 Camp Street (Unit #103), this 3-bedroom, 2 ½-bath Cape-style home is just a short drive from beaches as well as shops and restaurants in downtown Hyannis. It’s the perfect setting for a family wanting to become homeowners on Cape Cod.

The home has gas heat, a full basement, and is currently priced at $175,000. The purchase comes with an affordable deed restriction.

Applicants must be first-time homebuyers (with some exceptions), earn 80% of the Area Median Income (AMI) for Barnstable County, and have less than $75,000 in household assets. Contact HAC Real Estate Assistant Betsie Rumbaugh at 508-771-5400, ext. 285 or brumbaugh@haconcapecod.org

To view more affordable homes for sale on Cape Cod, click this link. And if you're a first-time homebuyer, click here to learn how you could earn up to $100,000 to purchase a market rate home in Yarmouth. The deadline to apply for the program is Friday, November 17 by 5 pm. 

Tags: Cape Community Real Estate, Nonprofit Real Estate, real estate listings, Yarmouth Buydown Program, Yarmouth

Choose Your Own Affordable Home in Yarmouth

Posted by Chris Kazarian on Wed, Oct 25, 2017 @ 01:46 PM

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With housing at a premium, becoming a homeowner on Cape Cod continues to be difficult for low- to middle-income wage earners. In Yarmouth, a handful of residents will have an opportunity to achieve that dream through a buydown program HAC is administering for the town.

The program will enable 4 residents to purchase a market rate home at an affordable price. “Inventory has gotten really expensive so a buyer could find a market rate property priced at $289,000 and buy it at $189,000 with a deed restriction,” said Gael Kelleher, HAC’s director of Cape Community Real Estate. “It is the best deal in town. You can’t beat it.”

Qualified applicants must be first-time homebuyers (some exceptions apply), earn 80% of the Area Median Income (AMI) for Barnstable County, and have no more than $75,000 in household assets. To participate in the program, residents must fill out an application and return it to HAC’s offices at 460 West Main Street by Friday, November 17 by 5 pm.

Applications are available at HAC; Yarmouth Town Hall at 1146 Route 28; Yarmouth Housing Authority at 534 Winslow Gray Road; and all Yarmouth public libraries.

Winners will be selected by lottery and will receive a buydown of 35% of the purchase price of a market rate home of their choice, up to $100,000. The following are maximum prices of homes that can be purchased in Yarmouth through this program: $339,000 (four bedroom); $319,000 (three bedroom); $295,000 (two bedroom); and $273,000 (one bedroom).

Any house purchased through the program will be recorded and deed restricted as affordable.

Contact HAC Real Estate Assistant Betsie Rumbaugh at ccre@haconcapecod.org or 508-771-5400, ext. 285 for more information on the Yarmouth Buydown Program.

Tags: Gael Kelleher, Cape Community Real Estate, homeownership, affordable homeownership, Yarmouth Buydown Program, Yarmouth

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

Charming Affordable Chatham Home For Sale

Posted by HAC Staff on Wed, Sep 27, 2017 @ 03:12 PM

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This 3-bedroom, 1-bath Cape-style home at 4 Konuhasset Way in Chatham is currently on the market for $214,500. The purchase of the home comes with an affordable resale restriction. 

Close to local shops and restaurants, this two-foor home is available for first-time homebuyers. Applicants must earn a household income that is at or below 80% of the Area Median Income (AMI) for Barnstable County with household assets of no more than $75,000. 

Eligible AMI is $47,600 for a one-person household; $54,400 for a two-person household; $61,200 for a three-person household; and $68,000 for a four-person household. 

Click here for a lottery application. If you have any questions on this home, contact HAC Real Estate Assistant Betsie Rumbaugh at 508-771-5400, ext. 285 or brumbaugh@haconcapecod.org

HAC also has several affordable homes for sale throughout Cape Cod. Click this link to view a listing of those properties. 

Tags: Affordable Housing on Cape Cod, Cape Community Real Estate, homeownership, real estate listings, Chatham, homes for sale

Deadline for Mill Hill Residence is Approaching

Posted by HAC Staff on Thu, Jun 29, 2017 @ 12:35 PM

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HAC is encouraging residents and caretakers to apply for an affordable rental unit at Mill Hill Residence before the Friday, July 14 deadline. There are a total of eight affordable units available in the new senior living facility which is being constructed in West Yarmouth. 

The apartments are eligible to those over the age of 62 and who earn 80% of the Area Median Income (AMI) for Barnstable County. They include a mixture of assisted living units as well as memory care units. Those who work, live or have family whose children go to school in Barnstable County will be entered into a local pool; a certain number of units have been set aside for local preference applicants. 

HAC’s Cape Community Real Estate department is conducting the housing lottery for the eight Mill Hill affordable units. “The facility is fantastic,” said Gael Kelleher, HAC’s director of real estate. “We took a tour of Mill Hill last week and were just amazed at the beauty of the building itself.”

Kelleher said this represents a unique opportunity for applicants to get the care they need at a first-rate senior living facility at an affordable price.

Located at 164 Route 28, Mill Hill Residence will have a total of 75 units. It is scheduled to open in August.

Click here to download a lottery application. Hard copies can be picked up at Mill Hill Residences; Yarmouth Town Hall at 1146 Route 28 in South Yarmouth; all Yarmouth public libraries; and HAC’s office at 460 West Main Street in Hyannis.  Applications must be returned to HAC by 5 pm on July 14.

Mill Hill Residence is the latest facility to be built on Cape Cod by Maplewood Senior Living. The Connecticut-based company also operates Maplewood at Brewster and Maplewood at Mayflower Place in West Yarmouth.

Tags: Affordable Housing on Cape Cod, Senior Housing, Cape Community Real Estate, Mill Hill Residence, housing lottery

A Home For Hilda: HAC Client Buys Dream House

Posted by Laura Reckford on Sat, Nov 23, 2013 @ 06:00 AM

Hilda's family

 

 

A fire meant a fresh start for Hilda Haye and her family.

Last summer Hilda was among the 16 tenants left homeless after a fire in a neighbor’s unit caused damage at her apartment complex at 800 Bearse’s Way in Hyannis.

Hilda, 44, is from Jamaica and moved to Cape Cod in 2001 as a summer worker. But after more than 10 years on Cape Cod, this feels like home, she said. She found year-round work at Cape Cod Hospital as a certified nursing assistant and then realized there were opportunities for advancement if she became certified as a diagnostic tech.

 Now she works at Cape Cod Hospital as a diagnostic tech, a career she trained for with evening classes at Upper Cape Technical High School.

She became a US citizen one year ago and her youngest daughter, who is a senior at Barnstable High School, is also a US citizen, as is her 17-month old grandson, who was born at Cape Cod Hospital. Her older daughter works in the housekeeping department at the hospital.

After the fire at their apartment complex, it took months for the building to be declared suitable for occupants. First Red Cross stepped in. Then tenants, like Hilda and her family, came to Housing Assistance Corporation for help finding apartments. Displaced tenants were given a grocery gift card and one-week stay at a motel. But when those ran out, Hilda and her family were still without housing.

The family relocated several times over those months. “We bounced around with friends. I didn’t have the money for a hotel,” Hilda said. Some days she even stayed in the condemned apartment building while the rest of her family stayed with friends.

After three months with electricity still not restored at 800 Bearses Way, she decided to try to find somewhere else to live. That is where Housing Assistance Corporation’s non-profit real estate division, Cape Community Real Estate, came into the picture.

Hilda was referred to Housing Assistance Corporation for help finding a rental apartment but she soon learned that she could afford to buy a house. With the help of HAC’s Gael Kelleher, that is what she did.

“I didn’t know I had good credit. Financially, I thought it was scary because I didn’t have much money,” Hilda said.

She took HAC’s first time homebuyers class and was also eligible to use the county’s first-time homebuyer down payment assistance program which is administered by HAC.

Hilda has lots of praise for Gael’s work in finding her a home in Centerville and then helping her to close on the property. “She was excellent. She’s the best. She helped me with a lot of the details,” the happy first-time homebuyer said.

They had looked at eight to 10 houses over about two months when Gael called one day, saying, “I think I found the perfect house for you.” Hilda went to look and knew right away. “This is it,” she said.

Hilda said she finds the house to be roomy enough for her family and she loves the location in Centerville, which is convenient to her job at Cape Cod Hospital and her daughter’s school. “It’s awesome, very quiet and laid back,” she said.

Gael, who is a full-service Realtor, was even there for the home inspection.

Hilda closed on the house in June. “It was exciting,” Hilda said. Her next plan is to take HAC’s Home Forever class in September.

Tags: Homebuyer Education, HAC, Cape Community Real Estate

HAC’s Cape Community Real Estate: ‘Market Very Lively’

Posted by Laura Reckford on Mon, Sep 16, 2013 @ 10:00 AM

Cape Community Real Estate

Cape Community Real Estate, Housing Assistance Corporation’s nonprofit real estate division, is buzzing. Deed-restricted homes that become available have been selling quickly through lotteries.

“The market is very lively,” according to Realtor Gael Kelleher, Director of Real Estate in HAC’s Consumer Education Department. “We are hoping there will be more inventory but they are selling quickly.”

For example, a deed-restricted house in Marstons Mills that the owners had purchased in 1989 for $68,000 and raised their family in the home, just sold for $148,000 to a new young family.

“We’re hoping for more of those,” Gael said.  “It’s exactly the way affordable housing is designed to work.”

The next deed-restricted resale opportunity is a home in the Pilgrim Pines subdivision in Bourne. Lottery opportunities are also coming in Chatham, Forestdale, Cotuit and Sandwich. These will be affordable, deed-restricted properties, so the prices will be right.

Check HAC’s website for new offerings.

To be first on the list for these deed-restricted homes, buyers need to be pre-approved from a lender. To get on the Ready to Buy Wait List, download the application, --Ready to Buy application

Bring your pre-approvals to HAC’s experienced real estate team, Gael Kelleher and Karen Davis, Sales Associate. They work with buyers from all economic levels.

 

Tags: HAC, housing assistance corporation, Housing on Cape Cod, Cape Community Real Estate

Editorial: Hershey's Kisses

Posted by Laura Reckford on Mon, Jun 03, 2013 @ 04:01 PM

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The following is excerpted from a speech made at HAC’s annual meeting and volunteer recognition dinner

Most people on the Cape and islands don’t know much about HAC.

Hershey Chocolate Company in Hershey, Pennsylvania has the opposite problem. Everyone knows what Hershey does: makes chocolate. People value chocolate and get instant

gratification from it.

HAC doesn’t provide instant gratification. But like Hershey’s,

HAC produces useful products. They make lots of chocolate and we make lots of peoples’ lives better.

Here are 10 of the many things that HAC does:

1. Foreclosure Help

For more than six years we have had three people working on foreclosures full time, serving well over 3,000 Cape and islands homeowners. We still average 13 new cases each week!

Our data shows that we have had successful outcomes in nearly 2/3 of our cases. We have never charged a penny.

2. Energy Services

For four decades we have made homes owned and rented by lower income Cape and islanders safer, more comfortable, less expensive to operate and more energy efficient.

Hundreds are helped each year and thousands have been helped overall. And we replaced or repaired 288 failing heating systems last year at no charge, not to mention the 442 we cleaned and tuned!

3. Section 8 Assistance

We have nearly 1,000 rental units where we assist the occupants. Many receiving help are elderly or disabled and many are families with jobs that just don’t pay enough. About 10% a year are able to opt out of the program.

4. Family Self-Sufficiency

Family Self Sufficiency participants get long term counseling to help them build employment skills and increase financial literacy. We have about 50 families now working to earn more, improve their credit, save enough money to buy a house or get more education, and to make progress towards moving away from public assistance.

5. Housing Development and Facility Maintenance

HAC has built well over 100 single family homes and more than 300 apartments, all of which are affordable. We have also built housing for people with disabilities. We have nearly 200 units in various stages of pre-development right now.

6. HCEC Services

We provide time and advice to help anyone facing housing crises. In 2012 we served 3,850 households one-on-one in this way.

7. Classes and workshops

We have held evening workshops for nearly 20 years on subjects such as Creating a Budget, Rebuilding Your Credit, Home Forever for homeowners, and Homebuyer Education.

In 2012 we had 363 people complete one or more of these workshop series.

8. Shelter

Each night, 365 nights and days a year our family and individual shelters provide a safe environment for people who have nowhere to go. We wish shelters weren’t needed, but until they are not, we try to help people make the most of their time in shelter. Counseling, employment services, and education, are all part of daily shelter life.

9. Project Prevention

It is better for the household, and far less expensive, to help prevent people from losing their homes. Often, for as little as $500, we can keep someone from facing the crisis of homelessness. Prevention served 344 households in 2012.

10. Big Fix

Going into its fourth year, the Big Fix is a community outreach project where we organize volunteers, professionals and staff to help repair homes on one weekend in one town each year. So far, a total of 40 homeowners have been helped in the towns of Barnstable, Sandwich and Dennis by the Big Fix through the work of 469 volunteers! This year, the Big Fix goes to Mashpee on September 28th.

Often those we help are elderly and unable to do many of the daily tasks around their homes.

When you bite into a handful of Reese’s Pieces, a Hershey’s Chocolate Bar, a Kiss, or a Mr. Goodbar, think of HAC. Hershey’s is a well loved company but it may just be the case that the work we do at HAC is more important.

Come take a tour of our “making lives better factory” right here in Hyannis. There’s no charge and you may even get a Kiss!

Tags: Energy Assessments, housing assistance corporation, NOAH Shelter, Housing on Cape Cod, MA Rental Voucher Program, Affordable Housing Development on Cape Cod, Cape Community Real Estate

CCRE Offers Solutions to Cape and Islands Homebuyers

Posted by Julie Wake on Thu, Mar 14, 2013 @ 09:00 AM

Heather and Jeremiah Griswold grew up on the Cape, but had almost given up on their dream of being able to raise a family here.

“We tried housing lotteries in Falmouth and Mashpee, but we didn’t get one of the lucky numbers,” said Heather. “But we decided to keep trying.”

They took HAC’s first-time homebuyer course and that gave them the knowledge and encouragement they needed. Eventually they found a house that was made affordable through a buy-down program as part of the Sandwich Homeownership Program.

“Looking for a home was almost like a part-time job. It can be really intimidating,” said Heather. “But the people at HAC walked us through everything we had to know. When we sat with the lawyers for the signing, we weren’t scared because we knew what to expect. If it wasn’t for this program, we couldn’t have afforded a home. If not for HAC, we wouldn’t still be on Cape Cod.

“We had been renting in Mashpee, living in a revamped cottage. To move into a house where you don’t have to wear six layers of clothing because there’s no insulation was heaven. The neighborhood is the kind we grew up in and there are lots of other kids for our children to play with. It was nice to hear the kids learning to say their new street address.”

Now that they’ve settled in, the Griswolds enjoy gardening and have learned how to do some minor home repairs. “It’s a lot of work and responsibility to be a homeowner, but you enjoy the freedom of owning your own home,” said Heather. “You’re investing in your own family.”

Home-ownership classes are offered through HAC’s Consumer Education Department. Would-be buyers can also turn to Cape Community Real Estate (CCRE), a division of HAC, which is a full-service, nonprofit real estate company. In addition to selling deed-restricted homes and conducting lotteries for affordable homes, CCRE can serve as your broker on market-rate sales.

All of CCRE’s brokerage fees are used to support HAC’s programs, so if you buy or sell a home through CCRE, you’re helping to keep your neighbors in safe, secure housing and making a contribution to your community.

CCRE also administers the Down Payment and Closing Cost Assistance program for Barnstable County. This program helps to make home ownership possible for first-time home buyers.

To speak with a Cape Community Real Estate agent, please call Gael Kelleher (ext. 284) or Karen Davis (ext. 282) at 508-771-5400.

CCRE AD

Tags: CCRE, Cape Community Real Estate, Nonprofit Real Estate