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Welcome to your resource for affordable homes in Massachusetts
Omega Ventures is a real estate brokerage licenced in MA and NH, specializing in sales of affordable homes.
In today's competitive real estate market, timing is everything. Many first time home buyers may not be aware of affordable home ownership opportunities. These homes are deed resticted and targeted to moderate income households.
The eligibility for affordable housing is usually 80% of area median income (AMI) and depends on the size of household and location of the property.
For example in 2022: In towns inner to 495 1 person household maximum income will range from $62,600-78,300; 2 persons household $71,550-89,500; 3- $80,500-$100,700; 4- $89,400-$111,850; For more information check for the town you are interested in:
https://www.huduser.gov/portal/datasets/il.html#2020
Maximum liquid assets will be $75,000. There are some other restrictions that will be determined by program, location and nature of project.
We are hired to facilitate the sales of these units for the Depratment of Housing and several monitoring agencies.
If you own real estate and you’re thinking of selling, we would be happy to provide you with a Free Home Evaluation. We will also help you find a buyer from hundreds of qualified first time homebuyers in our data base.
We are dedicated to invest in educating our clients - buyers and sellers before they get involved in a real estate transaction
If you have any questions regarding buying or selling real estate in Massachusetts, please don't hesitate to contact us.
You can download an application by clicking on the listing and the link to the application will be on the left hand side
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