Cable Mills
Town of Williamstown Income-Restricted Homeownership Opportunity
CABLE MILLS
160 Water Street, Williamstown, MA 02167
2 INCOME-RESTRICTED HOMEOWNERSHIP UNITS
# OF UNITS | # OF BEDROOMS | PRICE | ESTIMATED MONTHLY CONDO FEES | MAXIMUM INCOME LIMIT (% AMI)
1 | 1-Bedroom | $155,000 | $171 | 80%
1 | 2-Bedroom | $185,000 | $204 | 80%
MAXIMUM INCOME LIMITS
(set by the HUD + based on Household Size + AMI)
HOUSEHOLD SIZE 80% AMI
1 $52,750
2 $60,250
3 $67,800
4 $75,300
5 $81,350
6 $87,350
* 2022 Area Median Incomes for the Berkshire County, MA – HMFA.
MAXIMUM ASSET LIMITS
80% AMI
$75,000
Does not include retirement. Does include Real Estate.
For more information, please visit: www.CableMillsLottery.com or contact us via email at
CableMills@MaloneyProperties.com or phone at (617) 639-3064 Ext 759.
Applications are available during the application period from December 28th, 2022 through February 28th, 2023.
To request an online application or to have one sent by email, visit www.CableMillsLottery.com or
call (617) 639-3064 Ext 759.
If you cannot complete the application online, please call us at (617) 639-3064 Ext 759, to request that we mail you one and to ask us for any support or guidance you might need to complete the application.
DEADLINE: Fully completed + signed applications must be submitted online or postmarked no later than Tuesday February 28th, 2023.
MAILED TO:
Maloney Properties, Inc.
Attn: Cable Mills Lottery
27 Mica Lane, Wellesley, MA 02481
INFORMATIONAL SESSIONS:
Wednesday January 11th, 2023 @ 12pm
Join Zoom Meeting
https://maloneyproperties.zoom.us/j/89989395883?pwd=MFNGYm92eFkxdUY5eStPSE15a0NoUT09
Meeting ID: 899 8939 5883 Passcode: 090591
Wednesday, February 1st, 2023 @ 12pm
https://maloneyproperties.zoom.us/j/82395642485?pwd=WVVRWWhEQk5sMDJyVmVmNUJGN0JWQT09
Meeting ID: 823 9564 2485 Passcode: 751244
One tap mobile
+13092053325,,85338579709#,,,,*140474# US
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- Selection by Lottery. Asset, Use & Resale Restrictions apply.
- Preference for Households with at least one person per bedroom.
- Minimum 3% down payment required
For more information, language assistance, or to make a request for reasonable accommodations, please call (617) 639-3064 Ext 759 or email CableMills@MaloneyProperties.com
Equal Housing Opportunity