Public Information Meeting-Lottery Information Craftsman Village @ Needham Heights

Lottery Information

Craftsman Village @ Needham Heights

Needham, MA

Craftsman Village @ Needham Heights is a new project offering two 3 bedroom affordable detached single family homes for eligible first time homebuyers. The 6‐unit development is located at 21 High Street in Needham. Each unit has three bedrooms, 1 ½ bathrooms and a detached two car garage in +/‐ 1500 square feet of living space.

The sales price for the affordable units is $196,500. All affordable units will be sold by lottery as outlined in the attached package. Please review the enclosed information packet in detail and complete the application and disclosure statement at the rear of the packet.

Please note: A mortgage pre‐approval letter is required to participate in this initiative. The pre‐approval letter must be based on your credit score and current financial situation and MUST be from a bank and received with your application before the application deadline. A pre‐approval letter from a mortgage company or an online letter will NOT be accepted.

A Public Information Meeting will be held to answer specific questions and provide an overview of the lottery process. The meeting is scheduled for 7:00 p.m., Tuesday, June 15, 2010 at the Needham Library. If you have questions and can attend this meeting please hold them until that time.

Applications can be submitted on line at www.mcohousingservices.com. The application deadline is July 9, 2010. You must have registered on line or submitted an application postmarked on or before July 9th to be in the lottery. Remember a mortgage pre‐approval is required for your application to be complete and included in the lottery. The lottery is scheduled for 7:00 p.m., Tuesday, July 20, 2010 at the Needham Library.

Thank you for your interest in affordable housing at CRAFTSMAN VILLAGE @ NEEDHAM HEIGHTS. We wish you the best of luck. Please contact MCO Housing Services at 978‐456‐8388 or email us at lotteryinfo@mcohousingservices.com if you have any questions. We encourage you to advise other people or organizations that may be interested in this program and make copies of the relevant information as needed.

Sincerely,

Maureen M. O'Hagan

MCO Housing Services for

Craftsman Village @ Needham Heights