Terrazza

WELLESLEY AFFORDABLE HOUSING LOTTERY
TERRAZZA
12–18 Hollis Street, Wellesley, MA

You can complete and submit a lottery application online here:
https://form.jotform.com/SEBHousing/terrazza

$272,800 for a 2 Bedroom Home
(condo fees are $100/month)

Maximum Household Income Limits
$82,950 (1 person), $94,800 (2 people), $106,650 (3 people), $118,450 (4 people)

The Maximum Household Asset Limit is $75,000

This is a lottery for the four (4) condominiums being built at Terrazza located in Wellesley, MA. The homes will be sold at affordable prices to households with incomes at or below 80% of the Area Median Income.

The two bedroom homes range from 1,778 square feet to 2,655 square feet. All homes include access to the community amenities such as the private courtyard and grills, a fitness center, pet spa, movie lounge, bike room, and conference and club rooms. A dedicated surface parking spot is included with each affordable condominium. Residents can easily access the shops and restaurants in Wellesley’s town center by foot and will also be in close proximity to the Wellesley Square train station. The affordable homes will be ready for occupancy shortly after the lottery.

APPLICATION DEADLINE August 28, 2023 at 2:00 pm
Completed Applications must be delivered or postmarked by this date. Applications postmarked by the deadline must be received no later than 5 business days from the deadline.

PUBLIC INFO SESSION July 31, 2023 at 6:00 pm via Zoom
Go to zoom.com/join or call (646) 558-8656 and enter
Meeting ID: 818 9317 7595, Passcode: 088159

LOTTERY September 7, 2023 at 6:00 pm via Zoom
Go to zoom.com/join or call (646) 558-8656 and enter
Meeting ID: 857 2736 5609, Passcode: 276410

Lottery Information and Applications, or for reasonable accommodations for persons with disabilities, go to www.sebhousing.com or call (617) 782-6900 (x2) and leave a message, or postal mail SEB Housing, 257 Hillside Ave, Needham MA 02494. Free translation available. Traducción gratuita disponible.

You can complete and submit a lottery application online here: https://form.jotform.com/SEBHousing/terrazza