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The Foundry Wakefield

Units Available First-Come, First-Served To Eligible Households!

Important Documents

Units Available First Come, First Served

Rent

Sales Price

  • 1 Bedrooms: $250,800
  • 2 Bedrooms: $282,300
  • Condo Fees are: $216/mo (2BR unit) and $192 (1BR unit)

Maximum Allowable Household Income

  • 1 Person Household: $67,400
  • 2 Person Household: $77,000
  • 3 Person Household: $86,650
  • 4 Person Household: $96,250

Overview:

This is an opportunity for the 10 affordable homeownership units being built at The Foundry at Wakefield in Wakefield, MA. All 10 homes will be sold at an affordable price to households with incomes at or below 80% of the Area Median Income. 5 of the Affordable homes have 1 bedroom and 1 bathroom, and 5 of the Affordable homes have 2 bedrooms and 1 bathroom. Condos are equipped with open, integrated space for today’s modern lifestyle. Units will contain luxury vinyl plank flooring throughout, stainless steel profile appliances by GE, shaker style cabinets, and granite countertops. The bathrooms boast porcelain tile flooring and Kohler plumbing fixtures. The Foundry offers 83 luxury condominium units in an ideal downtown location, providing ready access to restaurants, shops, Lake Quannapowitt, and the Commuter Rail to Boston.

Interested households are encouraged to apply. Note that households applying after the lottery will be behind households who were in the lottery in terms of priority for a unit. SEB Housing can provide an estimate of how many units of each type are available.