The City is interested in increasing affordable housing opportunities for those who would live to live in Newburyport. In addition to our Housing Rehabilitation Program, we work with developers to increase our supply of units that are reserved for people who are of low to median income, who might not otherwise be able to afford housing in the City.

As of February 2008, the City has 658 units on the Chapter 40B Subsidized Housing Inventory, or 8.53% of its total stock. We would need to establish 113 additional affordable units to meet the State's goal of 10% for the community.

Affordable Rental Housing

The Newburyport Housing Authority is the best place to inquire about affordable rental opportunities. They own and manage developments at the Sullivan Building, Horton Terrace, and Kelleher Park, in addition to administering Section 8 vouchers, and other housing programs.

Affordable Homeownership Re-Sale Opportunities

Maritime Landing

This property was developed by Portside Realty Development as an affordable housing project under Chapter 40B. As a result, 25% (29 total) of the 116 units have permanent deed restrictions on them which requires that they be made available for purchase by qualified, income-eligible applicants.

These units have been a popular choice for those seeking an affordable home in Newburyport. The Citizens Housing and Planning Association (CHAPA) is in charge of locating buyers for the resale of affordable units within this development, and they may use JTE Realty Associates to market these units as they become available.

Foundry Square

In cooperation with the City, Trinity Financial developed this 20-unit project on the former DPW site. Thirteen of the units have permanent affordable housing deed restrictions on them. This property is fully occupied at present, but resale units do become available on occassion. The City can assist in locating income-qualified buyers for these resale and will have additional information on this web site should an affordable unit become available.

Municipal Affordable Housing Trust Fund

The City Council will soon be considering a proposal to establish a municipal affordable housing trust fund in accordance with M.G.L. Chapter 44 Section 55C to spearhead affordable housing activities within the City.

Links:

Newburyport Housing Authority

Newburyport Subsidized Housing Inventory (SHI) (as of 2/28/08)

Department of Housing & Community Development (DHCD)

U.S. Department of Housing & Urban Development (HUD)

Maximum Income Limits for First-Time HomeBuyer Programs

North Shore Housing Trust

Coastal Homebuyer Programs

Frequently Asked Questions:

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