MCO Associates

Canal Crossing

Highlights

Canal Crossing is a new 16 unit town home development located on Honora Lane in Bourne, MA. Four (4) affordable two and three bedroom town homes will be available by lottery to eligible first time homebuyers. The 2 bedroom unit is an handicapped accessible unit.

PLEASE NOTE:   Complete financial documentation and a mortgage pre-approval are required to participate in this lottery.  A list of the required financial documents are located on the left navigation bar.  Your mortgage pre-approval letter must be through a bank.  An online mortgage pre-approval letter or a letter from a mortgage company will not be accepted.  Your application will be incomplete and will not be included in the lottery without complete financial documentation and a mortgage pre-approval postmarked on or before the application deadline.

Public Information Meeting:

7:00 p.m., Monday, October 22, 2007

Bourne Community Center

239 Main Street

Buzzards Bay, MA

Application Deadline:

November 13, 2007

 

Lottery Date:

7:00 p.m., Monday, November 26, 2007

Bourne Community Center

239 Main Street

Buzzards Bay, MA

 

Affordable Price:

Two Bedroom:
Three Bedroom:

$138,550
$154,400

Location:

Honora Lane

 

Town Website:

www.townofbourne.com

 

Local Preference Guidelines*:

Households must meet at least one of the following criteria to be eligible in the local pool. Proof of local preference will be verified if you have the opportunity to purchase.

  • Current Bourne resident
  • Past Bourne resident
  • Currently working in the Town of Bourne
  • Immediate family (grandparents, parents, children or siblings) who live in Bourne

*Proof of local preference will be verified if you have the opportunity to purchase.

 

 

Maximum Allowable Income:

 

Household Size
1
2
3
4
5
6
Max Allowable Income $40,150 $45,900 $51,600 $57,350 $61,950 $66,550

 

 

Total # of Units:

16

# of Affordable Units:

4

   

Two Bedroom Unit:

Handicapped Accessible

 

1 1/2 bathrooms

 

Parking for 2 cars

 

885 square feet of living space

 

 

Three Bedroom Unit:

2 1/2 bathrooms

 

Parking for 2 cars

 

1488 square feet of living space


 
 
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