Lottery applications are now available for three affordable condos being constructed on Crooked Meadow Road in East Falmouth.
Housing Assistance Corporation, which is conducting the lottery, will hold a virtual Lottery Info Session via Zoom on Wednesday, April 13, at 5:30 p.m.
To register for the info session, visit haconcapecod.org/lotteries. The session will include details on the affordable condos, steps applicants should be taking now to prepare for the lottery and the lottery application process.
The three affordable homes are part of a new 12-condo development currently under construction. Two are three-bedroom units priced at $235,000 with a $220 monthly condo fee. The other is a two-bedroom unit priced at $220,000 with a $202 monthly condo fee.
Eligible applicants must be first-time homebuyers with certain exceptions; have less than $75,000 in household assets; and have income at or below 80 percent of the Area Median Income for Barnstable County. Those limits are $54,450 for a one-person household; $62,200 for a two-person household; $70,000 for a three-person household; $77,750 for a four-person household; $84,000 for a five-person household; and $90,200 for a six-person household.
Applications for the Crooked Meadow Road condos can be filled out online at Housing Assistance’s website, haconcapecod.org/lotteries. Hard copies can be found at Housing Assistance’s Hyannis office at 460 West Main St., as well as at Falmouth Town Hall, Falmouth public libraries, and the Falmouth Housing Authority on Scranton Avenue.
The application deadline for Crooked Meadow is Friday, May 13, at 5 p.m. The lottery drawing will be held within 30 days of the application deadline.
Along with these three Crooked Meadow Road condos, Housing Assistance is conducting an affordable housing lottery for three homes being built on Kendall Lane in Falmouth. Applications for those can also be found on Housing Assistance’s website, haconcapecod.org/lotteries.
