Affordable Homeownership Opportunity in Dorchester First-come, First-served Condo At 120-122 Hancock Street

A two-bedroom condominium at 120-122 Hancock Street in Dorchester is now offered for $317,000 to qualified buyers. This unit is part of a newly constructed fifteen-unit building that includes amenities such as central AC, stainless steel appliances, and laundry hookups. Interested buyers can apply on a first-come, first-served basis, with additional monthly condo fees required. To qualify for this 100% AMI unit, annual income must not exceed specific limits, with $114,250 set for one person. First-time homebuyers must complete an approved education course before closing, ensuring they are prepared for homeownership.

The program prioritizes Boston residents, reflecting the city's commitment to affordable housing. Individuals living alone per bedroom will receive preference, highlighting the demand for single-person occupancy. This initiative aims to increase homeownership access in the area, addressing local housing needs.