8 Melvin St #3, Somerville, MA 02145
One income-restricted home for sale in Somerville, with 2 bedrooms, for households of 2 or more people earning up to 140% of the area's median income.
- Type of listing
- For sale
- Price
- $489,000
- Deadline
- Dec 9, 2026, 4 pm
- How you get in
- Lottery on Dec 17, 2026
- How to apply
- By mail, in person, by email or by fax
- Listing page
- mymasshome.org ↗
Cost and eligibility
| Size | Price This price is for households earning up to 140% of the area's median income, the middle income where you live. | Homes |
|---|---|---|
| 2 bedrooms | $489,000 | 1 |
Asset limit
$105,574, not counting restricted accounts
Other costs
Minimum down payment: 3% of the price.
Criteria
Household size
2 people or more
Open to
First-time home buyers
Income rules
Minimum income applies: more than the 110% limit for your household size.
Income limits
| Household | Maximum income The most your whole household can earn in a year, before taxes. These limits are for the listing's highest income level, 140% of the area's median income. Some homes here may have lower limits. |
|---|---|
| 2 people | $191,968 |
| 3 people | $215,964 |
| 4 people | $239,960 |
Other rules from the listing
- Must complete a first-time homebuyer course.
- You can't own a home anywhere in the US or abroad.
- Mortgage pre-approval for a 30-year fixed loan must come with the application.
- A household where every adult is a full-time student can't apply.
Who gets priority
- People who live or work full-time in Somerville get priority
- Households with children in Somerville public or charter schools also get priority
- The Somerville group is drawn first, then everyone else
How to apply
By mail
Housing Division
50 Evergreen Avenue
Somerville, MA 02145
50 Evergreen Avenue
Somerville, MA 02145
In person
City Hall Annex, 50 Evergreen Avenue, Somerville, MA 02145
By email
By fax
Info sessions
Open house at 8 Melvin Street: Nov 19, 2026, 6–8 pmOpen house at 8 Melvin Street: Nov 22, 2026, 12–2 pmVirtual office hours on Zoom: every Thursday, 5:30–7:30 pm
Documents you'll need
- Application signed on the last page by every household member 18 or older
- First-time homebuyer course certificate
- Or proof you are enrolled in a class that ends before the lottery
- Mortgage pre-approval letter for a 30-year fixed loan
- With an interest rate
- Valid through the lottery date
- Most recent federal tax returns or an IRS letter of non-filing
- Only if you are drawn first
- Eight most recent consecutive weeks of pay stubs
- Three most recent monthly statements for every asset
Forms
Next steps
- The city contacts the household drawn first within 48 hours to start checking income.
- The household drawn first has 5 business days to send income, asset and preference papers.
- If you qualify, you get a Proceed Letter, then 15 days to inspect the home and sign the purchase and sale agreement.
Contact
Office
Inclusionary Housing
Details
Good to know
Don't tell your landlord you are moving until the city sends a Proceed Letter.Pets are not allowed.The resale price is capped permanently, and future buyers must also qualify.
Last checked
Nov 9, 2026
Map
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