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Get Matched Free →Falmouth Housing Trust Affordable Homeownership Program
Funding status: Active
How much assistance
Homes sold at significantly below market rate through deed-restricted lottery
Deed restricted in perpetuity to remain affordable upon resale, with resale price indexed to AMI.
Eligibility
- Income limits: At or below 80% of Area Median Income (AMI)
- First-time buyer required: Yes — Must not currently own a home and must not have owned a home in the past 3 years.
- Geographic restrictions: Must purchase in Falmouth, MA.
- Homebuyer education required: Yes
How to Apply for Falmouth Housing Trust Affordable Homeownership Program
Fill out the Ready to Buy List Application on the Falmouth Housing Trust website. Meet with a mortgage lender experienced with deed-restricted affordable homes. When a lottery is announced, submit your application. Homes are awarded through a lottery selection process.
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