Affordable Housing lottery announced for Craftsman Village, 225 Old Connecticut Path

Lottery Information for Craftsman Village Wayland, Wayland, MA

Craftsman Village Wayland, located at 225 Old Connecticut Path in Wayland on approximately 2.8 acres, is a new 8 (eight) townhome development offering 2 affordable two bedroom townhomes, by lottery, for an eligible first time homebuyers (certain exceptions apply). These homes include two bedrooms, 2 ½ baths, deck, two car garage in approximately -/+ 1,989 sq. ft.

The purchase price has been set at $191,900. The units will be sold by lottery as outlined in the included package. Please review the enclosed information packet in detail and complete the application and disclosure statement at the rear of the packet.

PLEASE NOTE: All applicants must include a mortgage pre-approval letter, from an institutional lender familiar with affordable deed restrictions, and complete financial documentation with the application. An application will be considered incomplete and will not be included in the lottery if a mortgage pre-approval letter and all documentation is not received on or before the application deadline.

A Public Information Meeting will be held Thursday, June 23, 2016 at 6:30 pm in the Wayland Free Public Library located at 5 Concord Road, Wayland, MA to answer specific questions and provide an overview of the process. If you cannot attend this meeting please call MCO Housing Services at 978-456-8388 with any questions.

Applications may be mailed to MCO Housing Services, P.O. Box 372, Harvard, MA 01451. The application deadline is July 9, 2016. All complete applications must be postmarked on or before July 9th to be included in the lottery. The lottery will be held 6:30 p.m., Monday July 18, 2016 in the Wayland Free Public Library.

Thank you for your interest in affordable housing at Craftsman Village Wayland. If you have questions and cannot attend the Public Information Meeting, please contact MCO Housing Services at 978-456-8388 or email us at lotteryinfo@mcohousingservices.com. We encourage you to advise other people or organizations that may be interested in this program and make copies of the relevant information as needed.

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