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OMEBASE HOME BUYERS ASSISTANCE SERVICE gg| CITY OF BOSTON RAYMOND FLYNN, MAYOR L. fOfr ' 15 BEACON STREET BOSTON, MA02108 (617)725-3582 JS^ST, CIIY OF BOSTON -^eSSSC' PRINTING SECTION Digitized by the Internet Archive in 2011 with funding from Boston Public Library http://www.archive.org/details/homebasehomebuyeOObost Would you like to purchase an affordable home in Boston? HOMEBASE is a new program estab- lished by Mayor Flynn to help first-time home- buyers learn about affordable homeownership HOMEBASE mem- opportunities in Boston. staff bers can tell you about every City-sponsored development project. We'll help you decide whether you can afford to buy now, and if so, how and whereto begin. you're not able to buy If a home right now, HOMEBASE can assist you in working toward your goal of homeownership in the near future. What kind of afforda- help you assess your income and eligibility re- ble homes are available? qualifications. A Buyer quirements, and your These new homes vary Assistance Officer will Buyer Assistance Officer in style and size, and are sit down with you and can explain these differ- located in many neigh- review your current fi- ences to you. borhoods throughout nances such as your in- Sounds great! Where do the city. City of Boston come, credit history, and find HOMEBASE? The I sponsored projects offer savings. Based on this HOMEBASE office is townhouses, co-ops, information, the Buyer conveniently located on and condominiums, in Assistance Officer can the first floor at 15 both large and small de- tell you what type of Beacon Street (near the velopments, as well as a homes you can afford, State House) in down- limited number of sin- and what loan programs town Boston. We're gle and two-family may be available to you. open Monday through homes. HOMEBASE Some loan programs of- Friday, 9 a.m. — 5 p.m. maintains a complete fer special lower interest For your added conven- listing of these homes rates, reduced downpay- ience, evening appoint- that are ready to pur- ments, and closing cost ments can be made until chase, and can give you assistance. Each loan 7:30 p.m. Just call ahead information on many program has different to make an appointment others that will be mar- with a Buyer Assistance keted in the near future. Officer, or visit anytime What does a buyer during our daily office need to purchase one of hours. If you will need these homes? Generally, special assistance such you need funds for a as an interpreter, be sure downpayment and clos- to call ahead so that we ing costs, income suffic- can make the necessary ient to carry a mortgage, arrangements. and a reasonable credit The HOMEBASE phone HOMEBASE record. can number 725-3582. is DearFriend: Twenty-oneyearsago, mywifeKathyandIpurchasedourfirsthome. Itwashardforus. Wehadverylittlemoneyandtwochildren at thetime. Wemanagedtosaveenough forasmalldownpaymentandfounda modesthouseinourneighborhood. Weboughtthe house, fixeditup, andraisedourfamilythere. Havingourown homegavemyfamilytremendouspride, in ourselves, andin ourcommunity. Thatfirsthouseofours,purchased more than twodecadesago, isstillourhome today. Iknowthatbuyinga homein Boston iseven more difficulttodaythan itwas forme. Thespeculationboomputthedreamofowning ahomebeyondthereach ofmostpeoplelivingin ourneighborhoods. As Mayor, Isetouttocorrectthis injustice. Withprogramslike Project747, weturnedvacantlandintoaffordable housing, andwe turnedabandonedbuildingsintohomesandshelters forpeople whoneedthem most. Through theseandmanyotherinnovativeprograms, theCityofBoston hascreatedthousandsofnewhousing opportunities inourneighborhoods, andwe'replanningevenmore forthefuture. IhaveestablishedtheHomeBuyersAssistanceService (HOMEBASE) tohelp first-timebuyerslikeyoulearnaboutthemanynew homeownershipopportunities thatBoston nowprovides. Iurgeyou to takeadvantageofthis importantnewservice. Ihopethatyou willsoonenjoythepride, benefits, andresponsibilities ofhomeownership. Sincerely, /p*y*e»^ «^ X, T^y* RaymondL. Flynn MayorofBoston y > £ £ CO o o +tJo JC 4C_l D QJ lo D o*- Lcj r£e re MC—/5 re 3 o c o I/) >~r—e qj *(oJC ^E-* <<I/h) -»+r-CJe- QXQJ. +-1 C; - Q>J> c >, (V. 0) D O q= cEou (0i/)_) CrOe •13 bQrJi u Q. orma —c ' XOJ o, E w m— <s) in If O *c-* re meet 725-3582. fic e? cu DJO iOn uCi~D— C> to speciprovid D re lh 1D_ 4r—e- t>/> liike Call me to O>- c3 xr:e -o> O<" iL_Ou > < «2 3 2 QJ o |2 tr-ei •<— (V. 5d -5 .C i o U £ a Q 3 > E QUJ QJ Z LU c* o Q t/> Q_ ^N— i £ I E c U 0) £ QJ ^ —C QJ c Co OJD Ou >LU O=j .>E _>~ LU ^ O u LO b ^ 7=; o m LU O QJ < < rue +- co 1— QJ LO LU "O L<O > re O E LNU CQ ao Lu LO Co Q O re~ <>. _j j; _QQJ-'rUe LO g I re qj^ cre LLUO ZLU LLOU o - E 5 &D£. > D LO < Q f- I z < u I Q_ 8 ' V I 90 - '^» 'ji. "^^ "l^^jl^ Bflr Ik utk flft. Iflk Si jk MML BH; 9Hk. 9Pe.v wHt 5JPvL_ IP Ve iPPjI. 9