Affordable Homeownership Opportunities in Dorchester 405 Washington Street

Thirteen condominiums at 405 Washington Street in Dorchester are available for income-eligible buyers, with prices ranging from $219,500 to $378,000. The newly constructed units feature modern amenities like central air conditioning, stainless steel appliances, and high-efficiency water heaters. A virtual information session on June 12 will help applicants understand the deed restrictions, with lottery applications due by June 25, 2025. To qualify, buyers must meet income limits set at 80% and 100% of Area Median Income, with specific income thresholds outlined for different household sizes. Notably, three condos have been built to be ADA compliant, ensuring accessibility for individuals with disabilities.

The Neighborhood Homes Initiative aims to create affordable homeownership opportunities using City-owned land. Buyers must complete an approved homebuyer education course and comply with owner-occupancy requirements. This initiative addresses the growing need for affordable housing in Boston.