Ipswich River Point is a new 36 unit development located at 82 Topsfield Road in Ipswich, MA. Nine (9) affordable two and three bedroom town homes will be available by lottery to eligible first time homebuyers.
Public Information Meeting:
7:00 p.m. Tuesday, May 22, 2007
Ipswich Town Hall
Room B
Application Deadline:
June 16, 2007
Lottery Date:
7:00 p.m. Tuesday, June 26, 2007
Ipswich Town Hall
Room B
Affordable Price:
Two bedroom units - $160,000
Three bedroom units - $180,000
Households must meet at least one of the following criteria to be eligible in the local pool. Proof of local residency will verified if you have the opportunity to purchase.
Current Town of Ipswich resident
Member of immediate family of current Town of Ipswich resident
Employed by the Town of Ipswich, any of its Department or Authorities
All applicants who apply for the lottery are included in the At-Large Pool.
Maximum Allowable Income:
Household Size
1
2
3
4
5
6
Max Allowable Income
$46,300
$52,950
$59,550
$66,150
$71,450
$76,750
Total # of Units:
36
# of Affordable Units:
9
Unit #2:
+/- 1440 sq. ft.
2 ½ bathrooms
2nd floor washer and dryer hookup
Unfinished basement
One car garage
Unit #4:
+/- 1700 sq. ft.
2 ½ bathrooms
2nd floor washer and dryer hookup
Unfinished basement
One car garage
