291 Revere Street Affordable Unit Resale
At a glance
The affordable unit at 291 Revere Street was sold to a Revere resident at the maximum affordable sale price of about $305,000. The buyer was pre-approved for $10,000 in down payment assistance, and the trust will reimburse documented reasonable seller and buyer closing costs, such as registry filing fees, up to a total of $15,000, as previously voted. The fund balance was about $988,158 after roughly $167,000 encumbered for two upcoming payments to neighborhood developers, and about $53,000 from the sale of a tax title property was expected to be deposited.
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