Yarmouth Affordable Home Ownership Lottery

Info session is March 4th

Come to the Information Session

Yarmouth Senior Center, 528 Forest Road, West Yarmouth
Wednesday, March 4th, 2020 5:30PM

The Town of Yarmouth is offering two grants of $150,000 and one grant of $100,000 will be awarded by lottery to a first time homebuyer*.
*Certain exceptions apply.

Winners of the lottery will search for a market rate home in Yarmouth and 35% of the sales price, up to $150,000 or $100,000 will be awarded at closing.

Resale Restrictions recorded at closing.

Eligible applicants are able to obtain a mortgage for the purchase price of the home and have household income at or below 80% of the area median income for Barnstable County. (See chart below).
Household assets must be no more than $75,000.

Household Size/Max Income
1 Person  $51,250
2 Person  $58,600
3 Person  $65,900
4 Person  $73,200
5 Person  $79,100
6 Person  $84,950

APPLICATION DEADLINE – FRIDAY MAY 1ST, 2020 by 5:00PM

Applications available at Housing Assistance Corp, Yarmouth Town Hall Lobby, Yarmouth Public Libraries, Yarmouth Housing Authority, or call HAC for a copy to be emailed to you.


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