Sandpiper Place Affordable Housing Lottery Announced
Jason Graziadei •
Housing Nantucket has announced a lottery for seven homeownership units at Sandpiper Place, which is part of the Richmond Great Point subdivision under development off Old South Road.
The lottery includes six affordable homes and one "workforce home" being built in Phase II of the Sandpiper Place development. The affordable homes will be sold at prices accessible to households with incomes at or below 80 percent of the Area Median Income. The workforce home will be sold to a household with income at or below 175% of the Area Median Income. Housing Nantucket believes the first homes will be ready for occupancy in early 2023.
The units include:
- 4 (80% AMI) 3BR affordable single-family homes (approx. 1,880 sqft) with 1.5 bath: $306,500
- 2 (80% AMI) 3BR duplex homes (one half of duplex) with 1.5 bath (approx. 1,520 sqft): $306,500
- 1 (175% AMI) 3BR single-family home with 2.5 bath (approx. 1,880 sqft): $881,750
An open house information session and meet-and-greet with the developer will be held on November 15th, 2022 from 3:00 p.m. – 6:00 p.m. at Housing Nantucket’s 75 Old South Road office and on-site at Sandpiper Place. Attendees can tour a home at this time.
Completed applications must be returned to Housing Nantucket prior to 2pm on Monday December 19, 2022. Click here for more info.