A Total of Seven (3BR / 2.5 BA) Newly Constructed Single-Family Homes are being Sold
(Six) Homes – will be Sold to 80% AMI Qualified Households (Affordable)
(One) Home – will be Sold to a 175% AMI Qualified Household (Workforce)
$284,000 Sales Price- for the (Six) 80% AMI Restricted (Affordable) Homes
$781,000 Sales Price- for the (One) 175% AMI Restricted (Workforce) Home
This is an application and lottery process to determine the buyers for SIX Affordable homes and ONE Workforce home currently being built within the Richmond Sandpiper Place I and II Homeownership Development, located off Old South Road and Beach Grass Road in the Town of Nantucket. The Affordable homes will be sold at prices to households with incomes at or below 80% of the area median income (AMI). The Workforce home will be sold to a household with an income at or below 175% of the area median income (AMI).
The first home will be ready in the first quarter of 2023. All affordable and workforce homes will have three (3) bedrooms, two (2) full bathrooms, and one (1) half bathroom, along with off-street parking for two (2) vehicles. The homes include central forced hot air heating and air conditioning, tile flooring in the kitchen and bathrooms, and wall-to-wall carpeting in the remaining rooms (including the bedrooms). Kitchens will have laminate countertops and painted wood cabinets. Washer and dryer appliances are not provided in the homes, but water and electric hookups for these will be installed.
- May 9, 2023: Recording of Information Session: https://youtu.be/clBevFi7X30
- May 29, 2023: Application Deadline: at 2pm Completed Applications and Mortgage Pre-Approvals must be delivered, or mailed (postmarked), by this date. Applications postmarked by the deadline must be received within 5 business days.
- June 12, 2023: Lottery: at 6:00pm via Zoom. Go to zoom.com/join or call (646) 558-8656 and enter Meeting ID: 857 2736 5609, Passcode: 276410