Sandpiper Place, Phase II Lottery
Affordable and Workforce Homeownership Opportunities
Affordable and Workforce Homeownership Opportunities
This is a lottery for SIX (6) Affordable homes and ONE (1) Workforce home being built in Phase II of the Sandpiper Place development off Old South Road in Nantucket, Massachusetts. The Affordable homes will be sold at prices accessible to households with incomes at or below 80% of the Area Median Income. The Workforce home will be sold to households with incomes at or below 175% of the Area Median Income. The first homes will be ready for occupancy in early 2023.
4 (80% AMI) 3BR Affordable Single-Family Homes (approx. 1,900 sqft) with 1.5 bath: $306,500
2 (80% AMI) 3BR Duplex Homes (one half of the Duplex) with 1.5 bath (approx. 1,520 sqft): $306,500
1 (175% AMI) 3BR Single-Family Home with 2.5 bath (approx. 1,900 sqft): $881,750
All Affordable homes will be heated by a high efficiency ducted Samsung Heat Pump. There will be vinyl flooring throughout with the exception of the bathrooms, which will be fitted with ceramic tile. The kitchens will be equipped with granite countertops and 4” backsplash, custom flat panel cabinetry, and stainless steel GE appliances including electric range, microwave, dishwasher, and refrigerator. Washer and dryer hookups are also included. A builder’s specification sheet for Affordable Homes can be found here.
The Workforce home will be heated and cooled by a high efficiency ducted Samsung Heat Pump. There will be vinyl flooring throughout with the exception of the bathrooms and laundry room, which will be fitted with ceramic tile. The kitchens will be equipped with quartz countertops and 4” backsplash, custom flat panel cabinetry, and stainless steel GE appliances including electric range, microwave, dishwasher, and French door refrigerator. LG washer and dryer are also included. A builder’s specification sheet for Workforce homes can be found here.
For AFFORDABLE units, the MAXIMUM Household Income Limits are as follows:
$65,950 (1 person), $75,350 (2 people), $84,750 (3 people)
$94,150 (4 people), $101,700 (5 people), $109,250 (6 people)
Households cannot have more than $75,000 in assets to be eligible to purchase an Affordable home.
For the WORKFORCE unit, the MAXIMUM Household Income Limits are as follows:
$167,825 (1 person), $191,800 (2 people), $215,775 (3 people)
$239,750 (4 people), $260,400 (5 people), $278,460 (6 people)
Households cannot have more than $450,000 in assets to be eligible to purchase a WORKFORCE home.
An open house information session and meet-and-greet with the developer will be held on November 15th, 2022 from 3:00 PM – 6:00 PM 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 and Required Income Documentation must be delivered to Housing Nantucket’s 75 Old South Road office by 2:00 pm on December 19, 2022. Applications postmarked by the deadline must be received no later than 5 business days from the deadline. The Lottery for eligible households will be held on January 9, 2023 at 5:00 PM in the Community Room at 4 Fairgrounds Road.