Affordable Homeownership

Below you can find information on current affordable homeownership opportunities. These opportunities are made possible by Rural Development, Inc., a non-profit entity operated by HRA.


42 Cleveland Street, Greenfield

For Sale: $200,000

Applications Now Accepted!

Property Details:

  • 3 Bedroom, 1.5 bathroom single family home
  • Originally built in 1913, the home will be fully renovated and ready for occupancy by fall 2024
  • First-time homebuyer, household income, and other restrictions apply, see below for more details
  • View a flyer click here: English, Spanish, Moldavian, Haitian Creole.

Application Deadline: Monday, October 21, 2024, 4:00 PM

Lottery: Monday, November 4, 2024

How to Apply:

Review the Affordable Homeownership Information Sheet:

  1. Information Sheet – English
  2. Information Sheet – Spanish
  3. Information Sheet – Moldavian
  4. Information Sheet – Haitian Creole

Complete an application, including copies of all required attachments. Applications may be completed online or submitted via mail or in person.

To apply online: Click HERE
to view the online application in additional languages, click here to translate

To download and print an application:

Printed applications are also available at the Franklin County Regional Housing and Redevelopment Authority offices, and the Greenfield Public Library, during business hours.

Submit completed applications by mail (postmarked by deadline) or in person, to:
Rural Development, Inc.
241 Millers Falls Road
Turners Falls, MA 01376

RDI will provide reasonable accommodation and/or language assistance if needed when completing this application.

Information Sessions

Learn about the property and the application process!

Wednesday, July 31, 6:30 PM -7:30 PM
Greenfield Public Library – Community Room
412 Main Street
Greenfield, MA 01301

Tuesday, September 17, 10:00 AM – 11:00 AM
Brick House Community Resource Center
24 Third St.
Turners Falls, MA 01376

Open Houses (on site at 42 Cleveland Street, Greenfield)

Drop in to check out the home!

  • Tuesday, August 27, 4:00 PM – 6:00 PM (construction still in process)
  • Saturday, September 28, 11:00 AM – 1:00 PM (construction should be complete!)

Detailed Property Information

42 Cleveland Street in Greenfield is a 3-bedroom single-family home undergoing a full renovation to be ready for sale to a First-Time Homebuyer in Fall 2024.

Originally built in 1913, the home is located on a 0.2-acre lot in a walkable neighborhood next to Greenfield High School, Shattuck Park, Davis Street Tennis Courts, and the Collins-Moylan Skating Arena in Greenfield. The home has approximately 1,400 square feet of finished living area. Three bedrooms and a full bathroom are on the second floor. The living room, dining room, kitchen, half bathroom, and mud room are on the first floor. The home has a full, unfinished basement with laundry hookups, a detached storage shed, and off-street parking.

Vacant for a number of years, this home is in need of a complete overhaul. Once construction is complete, features and amenities will include:

  • New electrical service and all new wiring and lighting. New smoke and CO detectors.
  • New asphalt shingle roof.
  • Repaired and freshly painted vinyl siding.
  • Repaired front and rear porches and stairs.
  • New interior walls, doors, and casework, refinished wood floors on the first floor, and new resilient flooring on the second floor.
  • Weathertight, fully insulated home meeting stretch energy code requirements
  • New kitchen cabinets and Energy Star appliances.
  • New plumbing and bathroom fixtures.
  • All-electric heating, cooling, and ventilation are provided by a new ducted mini-split system with integrated ERV installed in the basement and ducted throughout the house.
  • New air-source heat pump water heater.
  • Solar-ready.

This is a deed-restricted property, which means the home will be sold at a reduced price to an eligible homebuyer (see below for eligibility requirements) through a lottery process. Any resale of the property within 15 years from the initial sale will also be at a reduced price to an eligible homebuyer, based on the area median income at the time of the sale.

Stay Tuned for Updates on Applications, Information Sessions, and Construction Progress!

Floor Plans:

Eligibility

Maximum Income Limits (80% Area Median Income): To be eligible, combined annual gross income for all adult household members must be lower than the following income limits, based on household size:

Household Size Maximum Income
2$70,100
3$78,850
4$87,600
5$94,650
6$101,650

First-Time Homebuyer: Applicants must qualify as first-time homebuyers. First-time homebuyers are defined as a household that has not owned a home within three years preceding the application, with the following exceptions:

  • Displaced homemakers, where the displaced homemaker (an adult who has not worked full-time, full-year in the labor force for a number of years but has, during such years, worked primarily without remuneration to care for the home and family), while a homemaker, owned a home with his or her partner or resided in a home owned by the partner;
  • Single parents, where the individual owned a home with his or her partner or resided in a home owned by the partner and is a single parent (is unmarried or legally separated from a spouse and either has one or more children of whom the individual has custody or joint custody, or is pregnant);
  • Households where at least one household member is 55 or over;
  • Households that owned a principal residence not permanently affixed to a permanent foundation in accordance with applicable regulations; and
  • Households that owned a property that was not in compliance with State, local, or model building codes and that cannot be brought into compliance for less than the cost of constructing a permanent structure.

Mortgage Pre-Approval: A mortgage pre-approval letter is required at the time of application. The pre-approval letter must be based on the applicant’s credit score and current financial situation and be from a lender experienced with first-time home buyers and deed-restricted properties.

First-Time Homebuyer Education: Households must receive homeownership education/counseling before closing on the purchase of the home. A certificate of completion from a HUD-approved homebuyer education course will be required. Go here to sign up for a workshop today!

Rural Development, Inc. is developing this home through its Rural Homes Program. For more information, please contact Alyssa Larose 413-223-5225, or email RuralHomes413@gmail.com

Funding for this project is provided by: Greenfield Savings Bank, MassHousing Neighborhood Stabilization Program, MassCEC Empower Program, Federal Home Loan Bank of Boston, and the New England Rural Health Association.

Thank you to the City of Greenfield, the Neighborhood Renewal Division of the Office of Attorney General Andrea Joy Campbell, Housing Greenfield, Franklin Regional Council of Governments, and the North Quabbin Community Coalition for supporting this project.

Discrimination on the basis of race, creed, color, sex, age, disability, marital status, familial status, veteran status, sexual orientation, national origin and/or public assistance recipiency, or any other basis prohibited by law is specifically prohibited in the selection of applicants for this housing opportunity.