Affordable Homeownership Opportunites in East Boston: The Aileron
These condominiums, located at 131 Condor Street, are available from $258,000 to $378,000.
This seven unit condominium complex features both two bedroom, one bathroom units and three bedroom, one and a half bathroom units. Each unit has a stackable washer and dryer, outdoor deck or patio space, central air conditioning, and access to a fenced-in backyard.
Two bedrooms are available for $258,500 (80% AMI) and $334,700 (100% AMI). Three bedrooms are available for $297,200 (80% AMI) or $378,000 (100% AMI). Monthly condo fees apply.
In order to ensure that applicants fully understand the deed restrictions associated with these condos, it is STRONGLY RECOMMENDED that applicants attend the virtual information session on February 8 at 6pm.
BUYERS WILL BE SELECTED BY LOTTERY. THE DEADLINE FOR LOTTERY APPLICATIONS IS FEBRUARY 23, 2024. Apply Now
Income Limits
TO QUALIFY FOR AN 80% AMI UNIT AT 131 CONDOR STREET, YOUR ANNUAL INCOME MUST BE EQUAL TO OR LESS THAN:
- 1 Persons, $86,050
- 2 Persons, $98,350
- 3 Persons, $110,650
- 4 Persons, $122,900
- 5 Persons, $132,750
- 6 Persons, $142,600
TO QUALIFY FOR A 100% AMI UNIT AT 131 CONDOR STREET, YOUR ANNUAL INCOME MUST BE EQUAL TO OR LESS THAN:
- 1 Persons, $107,600
- 2 Persons, $122,950
- 3 Persons, $138,300
- 4 Persons, $153,650
- 5 Persons, $165,950
- 6 Persons, $178,250
Requirements
- First time homebuyer.
- Homebuyer will need to complete an approved homebuyer education course prior to closing.
- Boston Residency preference.
- Preference for one (1) person per bedroom.
