New condominiums to be built on Montague Road in Amherst
AMHERST, Mass. (WWLP) – MassHousing has announced $9.9 million in funds to create 30 new homeownership opportunities in Amherst.
The money is coming from the CommonWealth Builder Program? and will create 15 duplex buildings for moderate-income, first-time homebuyers. The homes on Montague Road will create 18 new two-bedroom units and 12 three-bedroom units.
Ten of the units will be restricted to homebuyers earning up to 80 percent of the area median income, and 20 of the units restricted to homebuyers earning up to 100 percent of the area median income. The homes are expected to sell at prices ranging from $162,900 to $267,000.