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This application packet provides information about the Fells Hollow Age Restricted Affordable Home-Buyer Program in Wellesley, MA. It outlines eligibility requirements, selection priorities, the application
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How to fill out age restricted affordable home-buyer

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How to fill out Age Restricted Affordable Home-Buyer Program Application

01
Obtain the Age Restricted Affordable Home-Buyer Program Application form from the authorized housing office or website.
02
Read the eligibility criteria carefully to ensure you qualify for the program.
03
Fill out your personal information, including your name, address, and contact details.
04
Provide proof of age, such as a copy of your government-issued ID or birth certificate.
05
Include your income information and any other financial documentation required.
06
Detail your current housing situation and any relevant history.
07
Review the application for completeness and accuracy.
08
Submit the application form along with any required documents by the specified deadline.

Who needs Age Restricted Affordable Home-Buyer Program Application?

01
Individuals or couples aged 55 and older who are looking to purchase affordable housing.
02
First-time homebuyers seeking financial assistance and are eligible for age-restricted housing.
03
Those who meet income limits set by the program and need help to afford housing.
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In general, households must have an income at or below 80% of the area median income. Asset requirements are determined by household size, but applicants generally must have assets worth no more than $5,000. Most assets include cash, checking and savings accounts, stocks and bonds, and retirement accounts.

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The Age Restricted Affordable Home-Buyer Program Application is a form used by eligible individuals to apply for affordable housing options specifically designated for older adults, typically aged 55 and over.
Individuals aged 55 and over who wish to purchase a home under this program are required to file the application.
To fill out the application, individuals must provide personal information, proof of age, financial details, and any required documentation as outlined in the application instructions.
The purpose of the application is to facilitate access to affordable housing for seniors by ensuring that only those who meet specific age and income criteria can qualify for these homes.
Applicants must report personal details including their name, age, address, income, financial status, and any other relevant information as specified in the application requirements.
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