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Housing Coordinator

Related Board or Committee: Affordable Housing Trust Fund

About

Housing Coordinator

Contact
Email: fstanley@townofgroton.org
Phone: 978-732-1913   |   Fax: 978-448-1113
Office: Town Hall   |   173 Main Street
Hours: Call or email for appointment

Employees
Staff Member Role
Fran Stanley
Housing Coordinator


Affordable Homeownership in Groton

The Town of Groton invites you to consider the following affordable housing properties that are presently for sale in Groton. Please refer to the information packet associated with each housing unit to learn about the application process and any eligibility requirements. 


 Development Name & Location
  Price
 Condo fee
Size (bedrooms)
 Type of sale
Application & Unit Information
Model Deed Rider
Groton Residential
Gardens
 $153,000 
 $196/month 
2  Resale
 See link
 See link
 Academy
Hill
 $159,800 
 $175/month 
2 New
Construction
 See Link
 See link

** Contact our Housing Coordinator at the number listed above for more information!

Groton Massachusetts - Area Median Income Information

HUD, the federal government’s department of Housing and Urban Development, updates its area median income information annually. The Town of Groton is in the Lowell, MA HUD Metropolitan Fair Market Rent (FMR) Area. Here is the 2016 income information for our area:

Fiscal Year 2017

Income Limit

Category

1 person household

2 person household

3 person household

4 person household

5 person household

6 person household

7 person household

8 person household

30%

“Extremely Low” per HUD

20,250

23,150

26,050

28,900

31,250

33,550

37,140

41,320

50%

“Very Low” per HUD
(typical housing authority
limits)

33,750

38,550

43,350

48,150

52,050

55,900

59,750

63,600

80%

“Low” per HUD
(homeownership limits)

47,600

54,400

61,200

68,000

73,450

78,900

84,350

89,800

100%

96,300

MGL Chapter 40B aims to promote affordable housing for households earning 80% or less than the area median income. Usually, a household will have to have a moderate level of income – close to 80% area median income -- in order to afford to purchase affordable homeownership units. Some rental units are more deeply subsidized and will provide rentals for households with lower incomes relative to the area’s median income.

Affordable Housing Documents

Minimize
File 
507B Main-ChapaApplication.pdf Download
AcademyHill-application.pdf Download
Deed Rider.pdf Download
Groton Housing Production Plan 2014.pdf Download
Groton Housing Seminar 2012-04-04.pdf Download