Scenic imagery

GA Blog: Nahant

Showing blogs: 14 of 4

3.9.15 Habitat for Humanity Lottery - 2 Ipswich Condos

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.

contine reading button

11.19.10 Former Coast Guard Housing in Nahant

Nahant Coast Guard housing resident Karen Dailey
The Lynn Item reports as Nahant officials are looking at development/sale options for the former Coast Guard housing property, several current residents are hoping to stay put.  Nahant Town Administrator Mark Cullinan said the selectmen hoped to sell the property almost immediately after purchasing it, but it wasn’t possible. The General Services Administration, the agency that disposes of surplus government property, put a clause in the purchase agreement stating if it was sold within three years after acquiring it any profit from the sale would have to be turned over to the government.

Because of the clause, the selectmen decided to keep the property for three years.  At a recent Board of Selectmen meeting, the selectmen agreed to continue leasing the homes for at least the next 2 years to allow the real estate market to rebound before moving forward with disposing of the property.

The Hall Company Inc. rents out the 12 single-family homes and manages the property for the town.

A RFP was issued in 2008 that called for 8 single-family homes with a minimum lot size of 4,500 square feet per home in the vicinity of Castle and Gardner roads and no more than 20 multi-family homes in the Goddard Drive area.  Bass Point Residences LLC, which is owned by Phillip Singleton and Jeffrey Gouchberg, was selected for the project, but in June 2009 the company withdrew its $2.2 million offer to the town.

Read the entire Lynn Item article.

contine reading button

10.9.07 October 4, 2007 Legislative Breakfast

On October 4, 2007, NSAR hosted its second Legislative Breakfast in 2007. The event was attended by State Representative Doug Petersen (D-8th Essex), Tom Damario, Aide to Representative Robert Fennell (D-10th Essex), and Josh Harold, Aide to Representative Steven Walsh (D-11th Essex).

State Senate was in session, so unfortunately Senator Thomas M. McGee (D-3rd Essex & Middlesex) and Senator Richard R. Tisei (R-Middlesex & Essex) were unable to attend.

MAR Associate Counsel Margy Grant presented the Realtor® position on the following topics:

1. New proposed Transfer Taxes (S. 1776; S. 1773; H. 3959)
2. New proposed Lead Paint law (SB. 1230)
3. New proposed mandatory Seller’s disclosure in connection with environmental issues (H. 323, S. 201)
4. New proposed mandatory disclosures for real estate licensees in connection with Wetlands (H. 767)
5. Smart Growth funding for Chapter 40R (S. 132, H. 160)

NSAR and the Government Affairs Committee extends a sincere appreciate to the legislators who participated and to all those that attended.

contine reading button

9.26.07 Next Legislative Breakfast: Thursday, October 4, 2007, 8:30am

The next North Shore Association of Realtors® Legislative Breakfast will be held on Thursday, October 4, 2007, from 8:30am to 10:00am. All NSAR members who live in Lynn, Saugus, Lynnfield, Marblehead, Swampscott, and/or Nahant are encouraged to attend.

Topics will likely include:

1. Transfer Taxes.
2. An Act Protecting Children from Poisoning (SB. 1230)
3. An Act Providing Information to Real Estate Buyers. (H. 323, S. 201)
4. An Act Relative to the Disclosure of Wetlands on Property. (H. 767)
5. An Act Relative to Smart Growth Housing Trust Fund (S. 132) and An Act Relative to Financing the Smart Growth Housing Trust (H. 160).

Click here to registry of get more information.

contine reading button