Affordable Homeownership Opportunities in Dorchester 270 Talbot Avenue

Located in Dorchester, the 270 Talbot Avenue project presents a unique opportunity for affordable homeownership with 18 condominiums priced from $180,599 to $379,555. The building features a variety of units, including studios, one-bedroom, two-bedroom, and three-bedroom condos, all equipped with central heating, air conditioning, and stainless steel appliances. To qualify, applicants must meet income limits based on Area Median Income, with specific thresholds for households of different sizes. For instance, a one-person household must earn no more than $91,400 for the 80% AMI unit. A virtual information session is scheduled for February 11, 2025, to help potential buyers understand the deed restrictions associated with these properties.

Buyers will be chosen through a lottery system, with applications due by February 26, 2025. This initiative is part of Boston's broader Neighborhood Homes Initiative, which aims to leverage city-owned land for affordable housing solutions. By addressing the need for affordable housing, this project has the potential to significantly impact the local community.