Shelter is one of the basic human necessities. However, it's becoming increasingly difficult to find affordable options for people to achieve this basic need. Finding an affordable place to call home, whether you rent or own, is becoming increasingly less affordable to millions of people, including millenials, new families, people with disabilities, and seniors. To address this, communities like Amesbury work with the state to ensure that there are affordable housing options available to meet the changing needs of our residents.
What is "Affordable Housing"? Affordable Housing is housing that's restricted to individuals and families with qualifying incomes and asset levels, and receives some manner of financial assistance to bring down the cost of owning or renting a property. The unit or complex will have a deed restriction that allows for the sale or rental of the property to remain affordable for a set number of years or in perpetuity.
As of 2020, Amesbury monitors roughly 50 ownership units and 700 rental units throughout the City. The City has 10 deeded units which come up for sale infrequently. When these units go up for sale, they must be sold to a low-to-moderate income buyer. Information on these sales will be posted here when they become available.
Affordable Housing Resources:
First Time Homebuyers:
Available Affordable Housing in Amesbury
Great opportunity to purchase an affordable unit in The Lofts at Clarks Pond!
- Lofts at Clarks Pond Unit Opportunity - Description
- The Lofts at Clarks Pond - Deed Restriction
- The Lofts at Clarks Pond - Deed Rider Signature of Understanding
Disclosures: Buyer must obtain their own financing, the City does not provide loans for the purchase of the property. Buyer must be preapproved, meet income criteria and be a first time home buyer, or not owned a home in the last three years.