About
Housing CoordinatorContact Information
Members
Fran Stanley
Housing Coordinator
Housing Coordinator Documents
- Squannacook_Sample_Deed_Rider.pdf
- Squannacook_Info_Packet.pdf
- Groton_Housing_Seminar_2012-04-04.pdf
- Fawn_Terrace_Lip_Deed_Rider.pdf
- Fawn_Terrace_Info_Packet.pdf
- Deed_Rider.pdf
- BoyntonMeadows-Application.pdf
- AcademyHill-application.pdf
- 698_Townsend_Rd_Lip_Deed_Rider.pdf
- 698_Townsend_Rd_Application.pdf
- 515D_MainSt_-_ResaleApplication.pdf
- 515D_MainSt_-_DeedRider.pdf
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 |
| Academy Hill – New Construction | $159,800 | $175/month | 2 | First Come First Serve |
See Link | See link |
To find out about other homeownership listings in our region, visit the following websites:
Independent lottery agent listings for Central Massachusetts — http://www.mcohousingservices.com/homes-for-sale.htm
Nonprofit statewide listings — http://www.massaffordablehomes.org/
Regional housing consortium [for Acton, Bedford, Burlington, Concord, Lexington, Sudbury, Wayland, Weston] — https://www.rhsohousing.org/affordable-housing-opportunities
Eastern Massachusetts listings — https://www.boston.gov/metrolist
Subsidized Apartments in Groton for Low Income Households
Winthrop Place – apartments available. Rents set as a percentage of income. Call Eastpoint Properties rental agent at 603-836-5680.
Groton Housing Authority – apartments serving families and senior/disabled individuals. Rents set as a percentage of income. Call 978-448-3962 or email grotonhousing@verizon.net.
Groton Commons – apartments serving low income seniors and others with need for accessibility features. Rents set as a percentage of income. Contact RCAP Solutions at 978-448-9551.
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
2018 income information for our area:
|
Fiscal Year 2018 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 |
22,150 |
25,300 |
28,450 |
31,600 |
34,150 |
36,700 |
39,200 |
42,380 |
|
50% “Very Low” per HUD (typical housing authority |
36,900 |
42,200 |
47,450 |
52,700 |
56,950 |
61,150 |
65,350 |
69,600 |
|
80% “Low” per HUD (homeownership limits) |
50,350 |
57,550 |
64,750 |
71,900 |
77,700 |
83,450 |
89,200 |
94,950 |
|
100% |
105,400 |
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.
