Affordable Home Ownership Opportunity

Amherst Community Land Trust will provide $125,000 subsidies to two income-qualified households to purchase Single-Family Homes in Amherst

Income limits are 80% area median income

1-person household – $47,850,

2-person household – $54,650

3-person household – $61,500,

4-person household – $68,300

5-person household – $73,800

Program Information and Application This document provides detailed information about the program. The application form is on pages 17-20. For help understanding the program or completing the application, please contact Donna Cabana using the contact information below.

When a home is purchased through this program, ACLT will take title to the land under the home to preserve it as permently affordable housing. A long-term ground lease will give the homebuyer exclusive rights to the land, and will also create resale restrictions on the property. This Guide to the Ground Lease explains what is in the ground lease and how it works

To Learn More, Request an Application, Sign up for an Information Session,
or to Request a Reasonable Accommodation

Contact:
Donna Cabana 413-586-5855 x 180, dc@valleycdc.com

DEADLINE EXTENDED

Complete Applications will be accepted until: October 15, 2020 by 4 PM

Please deliver or mail your application to:

Valley Community Development
256 Pleasant Street, Suite A, Northampton MA 01060

Lottery will Be Held On:
Friday October 30, 2020 7:00 PM

Announcement on Location to Follow