Home buyer program finding few takers
A program that offers $20,000 to prospective Brewster home buyers to reduce the cost of their purchase has not caught on after two years.
Funded with Community Preservation Act money, the program requires that applicants make no more than 80 percent of the local median income, which is about $43,500 for a single person and $62,100 for a family of four. Successful applicants must agree to a permanent deed restriction that limits the resale of the home to those who can qualify at 80-percent of median income.
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