First Come-First Served – Affordable 2-Bedroom Unit-Harvard
New Construction – 2-Bedroom affordable homeownership Condominium Unit at Pine Hill Village in Harvard, MA is being offered on a First Come-First Served basis, $186,400.
Please click HERE for the Flyer and click HERE for the Application.
Project description
The Pine Hill Village, Harvard development was approved by the Harvard Zoning Board of Appeals (ZBA) on October 30, 2008. The project is located on Stow Road in the Town of Harvard, Massachusetts. The site is 20.5 acres, and the project consists of 23 units, of which 6 will be affordable. The application package has details regarding one of the remaining affordable units.
The specific unit is:
- Unit 9C is a 2BR unit in the Greek Revival style triplex, with 814 sq ft on two floors with two bedrooms and 1 full bath on the second floor and the common living areas downstairs. Anticipate completion by end of November 2024.
The unit will have carpet throughout with vinyl plank flooring in the bathroom and kitchen. The unit will have a range, microwave, and dishwasher, but no refrigerator. There is only 1 bathroom. There is propane heat, well water, and the unit has a shared septic.
The affordable unit will be available for sale at pace with the market rate units. The monthly Condominium fee is estimated at $152/month for the 2BR unit, which represents a proportional share of the total condominium expenses covering septic and well maintenance, landscaping and snow removal and other maintenance, insurance and contribution to reserve based on the square footage of the unit. The homeowner will also pay monthly real estate taxes.
The affordable units are permitted under a Comprehensive Permit and will be monitored in accordance with Chapter 40B guidelines under the New England Fund (“NEF”) program. Sale prices of NEF units are set so that a household earning 70% of area median income would not expend more than 30% of income for housing.
The unit will be available to an income eligible first-time homebuyer, with some exceptions permitted under the program, as noted in this application.
The Regional Housing Services Office (RHSO) will act as the resale agent for these units on behalf of the Town of Harvard. Please return the application to the RHSO Office at the address below and/or contact the RHSO with any questions.
Jenicia Pontes
Regional Housing Services Office
37 Knox Trail, Acton, MA 01720
(978) 287-1091
JenP@rhsohousing.org
