Down Payment Programs

Affordable Housing Lotteries

MS Consulting

Contact Us

 

Martha Solish
   Principal
Ellie O'Leary
   Program Manager
Monica Cingolani
   Program Manager
Brigid Gircys
   Program Manager


P.O. Box 661
Newburyport, MA  01950

Coastal Homebuyer Programs, LLC serves homebuyers in eastern Massachusetts. We help make homeownership a reality.

 

 

Lottery Administration for Affordable Home Ownership & Rental

Developers

  • We are the only lottery agent who has obtained down payment funds to supplement affordability to the homebuyers. Coastal prides itself on providing the assistance homebuyers need to close the loan and complete the home purchase.
  • Our experience as lottery agent includes the New England Fund, Local Initiative Program (LIP), DHCD/HOME program, MassHousing, rental, and phased developments. We have worked with over age 55, over 62 and unrestricted developments.
  • View our Statement of Qualifications

How Can I Buy a "Lottery" Unit?

  • Take a homebuyer education class if you have not done so in the last few years
  • Send your application, including income, assets, pre-approval from a lender, and other documents as required
  • A lottery may be required at this step, depending on the number of applicants
  • Lottery agent reviews and approves the application and obtains third party review and approval
  • Sign purchase and sales agreement and proceed to home purchase!

Current Lotteries

The current lottery selection process is underway. Materials will be posted here when publicity period begins.

  • Oleo Woods, Newburyport, MA

Check out our Helpful Hints for Homebuyers.

Check CHAPA WEBSITE for all current affordable housing lotteries in Massachusetts, both new developments and re-sales of existing units in Massachusetts.

Income and asset restrictions apply. Household income is generally limited to 80% of area median income. Click for current HUD Income limits

Upcoming Lotteries

The Lofts at Lower Mills

Information will be posted here when it is released.

Completed Lotteries

Coastal Homebuyer Programs has completed homebuyer selection for:

  • Box Works Homes, Chelsea, MA
  • Pond View Village, Gloucester, MA
  • 700 Harrison, Boston, MA
  • Sawyer Farm, Salisbury, MA
  • Salisbury Woods, Salisbury, MA
  • Brookside at Andover, Andover, MA
  • Greenleaf Park Apartments II, Merrimac, MA
  • Central Place, North Reading, MA (55+ development)
  • Village at Merrimac, MA (55+ development)
  • Moseley Village Condominiums, Newburyport, MA
  • Ocean View Condominiums, Newburyport, MA
  • Babson Block Leasehold Condominiums, Gloucester, MA