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Habitat for Humanity Lottery - 2 Ipswich Condos

3.9.15

6-8 First Street, Ipswich, MA

Wicked Local reports that Habitat for Humanity is building two affordable condos at 6-6 First Street in Ipswich, MA.   The two, 3-bedroom, 1.5 bathroom duplex condominiums (“condexes”) will be side by side in one building, originally built in 1890 as workforce housing for the Ipswich mills.  The interior, currently in terrible condition, will be gutted and rehabbed. The exterior will be restored to what it was historically. 

Habitat has already built three homes on Essex Road, across the street from the Bruni Market Place.

The town took the First Street property for nonpayment of taxes and the property is now part of the Affordable Housing Partnership, said Terry Anderson, affordable housing coordinator.  The town put out a request for proposal to rehab the building and chose Habitat for Humanity.

Each condo is to be sold for approximately $130,000, at no interest.  

The homeowner will be chosen by lottery among qualified buyers - those who live or work in Beverly, Danvers, Lynn, Lynnfield, Marblehead, Nahant, Peabody, Salem, Saugus, Swampscott, Topsfield, Gloucester, Rockport, Manchester, Essex, Ipswich, Hamilton, Wenham or Rowley.  The chosen buyer will be requires to spend 400 hours of construction duties as a condition of the purchase.

There are income requirements - the family’s total gross income must fall within the specific ranges based on family size: Three members, $33,880 to $50,820; four members, $37,640 to $56,460; five, $40,70 to $61,020; and six $43,700 to $65,520.

The application deadline is April 30.  

Read the entire Wicked Local article.

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