One of CSNDC’s most important goals is to help residents purchase their own home as a means to build assets and wealth, and also as a critical component of our anti-displacement strategy to ensure our residents can remain in our community as we face increased gentrification.
Over the past four decades, CSNDC has developed and sold more than 100 units in South Dorchester service area. Homeownership is a major milestone for most families. Few feelings can match the sense of accomplishment, joy, and pride we get to be a part of when a client accomplishes their dream of purchasing a home and has a place they can call their own and a stable environment for their family.
As of August 2020, we have 16 homes for sale via our New England Heritage Homes (NEHH) project. These homes are slated to be sold by the end of 2020. There are income and other eligibility restrictions that potential buyers have to meet to qualify to purchase one of our homes. Most affordable homes developed by CSNDC (and other community development corporations) are sold to people earning between 80% to 100% of the area median income (AMI). CSNDC markets and sells its homes it develops via the City of Boston’s HOME Center process. As there are often many more eligible buyers than affordable homes available for sale, eligible home buying applicants are typically selected via a lottery that is administered by the City of Boston.