"Meadowbrook Heights is located on Grey Wolf Drive in Franklin, Massachusetts 02038. The unit for sale is 96 Grey Wolf Drive. The unit is an affordable housing opportunity through the Local Initiative Program (LIP) and will be sold to first-time homebuyers with incomes at or below 80% of the area median income. The resale price for 96 Grey Wolf Drive is $178,241.
Deadline for applications is May 14, 2018 at 4:00 pm. Late or incomplete applications will not be accepted. This unit is available 1st Come, 1st Serve unless more than one eligible purchaser is found, then a lottery will be held.
The unit includes two bedrooms, 2 ½ bathrooms, central air conditioning, refrigerator, stove/oven, microwave, dishwasher, garbage disposal and a one car garage.
96 Grey Wolf Drive is subject to a deed restriction that will be recorded with the mortgage and deed. The restriction limits the amount that the home can be resold for or refinanced for and requires that it be resold to another affordable buyer. The deed restriction is in perpetuity."
Additional information can be found on the Town of Franklin page
Age restriction application