NEW HOMEOWNERSHIP OPPORTUNITY - 18 HIGHLAND STREET & 28 TERRENCE STREET

The City of Springfield, in partnership with Wayfinders, is making available two affordable homeownership opportunities through the "City of of Homes" Program at 18 Highland Street and 28 Terrence Street. Eligible purchasers will be selected through a public lottery process. 

The new homes are approximately 1,400 square feet and feature 3 bedrooms and 2 bathrooms. The construction of the home was focused on energy efficiency, and its systems include a multi-head mini-split heating and cooling system, electric water heater, a ducted Energy Recovery Ventilator (ERV), and extensive Energy Star appliances. Energy efficient windows and doors have been installed and a front porch and landscaped yard compliment and uplift the neighborhood.  Each home in this program will be sold at a below market price to ensure it is affordable for the homebuyers.

Way Finders completed the redevelopment with grant funding from MassMutual Foundation and Baystate Health, Neighborhood Stabilization Program (NSP funds) from MassHousing, and ARPA funding from the City of Springfield Office of Housing. These two homes will be sold to families earning up to 100% of the area median income (see income limits below). Both homes will be sold at below market price to ensure affordability for the homebuyers. Final calculations are underway, but the sales price will be approximately $210,000.

To be eligible to enter the lottery, applicants must meet household income-limits and be pre-approved (not pre-qualified, which is a much less stringent classification) for a mortgage of $210,000 or more. Alternatively, an applicant can enter the lottery by demonstrating pre-approval for a smaller mortgage, along with proof of sufficient funds to cover the purchase price of the home. 

Household income of applicants cannot exceed maximum limits, which are set annually. The current income limits are: 

               Maximum Household Income – 100% AMI Properties

1 Person

$91,700

5 Person

$141,500

2 Person

$104,800

6 Person

$152,000

3 Person

$117,900

7 Person

$162,450

4 Person

$131,000

8 Person

$172,950

 

Lottery applications can be found here: https://bit.ly/springfieldhome. Interested parties can learn more about the Way Finders City of Homes project at www.wayfinders.org/homes. 

Open Houses for interested purchasers will take place at the following dates and times:

  • Wednesday, July 8, 2026 from 4:00 PM – 6:00PM
  • Sunday, July 12, 2026 from 1:00 PM – 3:00PM. 

All applications (and supporting documentation) must be received by 4:30 PM on July 22, 2026. The lottery drawing is scheduled to take place on Tuesday, August 4, 2026 at 10:30 AM at 18 Highland Street.  Questions regarding the application may be directed to the Offices of Housing & Community Development at 413-787-6500. 

 

NEW HOMEOWNERSHIP OPPORTUNITY LOTTERY - 58 ITENDALE STREET

The City of Springfield has partnered with Concerned Citizen's for Springfield to provide funding to rehabilitate a single-family home at 58 Itendale Street in the Forest Park neighborhood. The home will have three (3) bedrooms and one and a half (1 ½) bathrooms. The home is entirely electric powered with heat pump HVAC, heat pump water heater, solar panels and a ventless heat pump clothes dryer. The home will have energy star appliances and energy efficient windows and doors have been installed, the roof has been replaced, and the home has been re-insulated.  The home has a restored front porch, newly installed roof, siding and deck.  The home also has a new single car garage.  

The home will be sold for approximately $200,000.  In today's real estate market, this presents an incredible economic opportunity for a family to purchase a home with significant equity from the start. Because of this, the City of Springfield has decided to choose the ultimate purchasers through a lottery system. 

It is anticipated that construction and sales will be completed by July 2026.

Open Houses will be held on the following dates:

  • Thursday, April 30, 2026 from 4:00pm - 6:00pm
  • Sunday, May 3, 2026 from 1:00pm - 3:00pm

HOW TO BE ELIGIBLE FOR THE LOTTERY & RESTRICTIONS

1. All applicants must meet HUD's definition of first-time homebuyers

2. All applicants must have a household income less than 80% Area Median Income, as detailed below:

  • 1 Person Household - Income may not exceed $73,650
  • 2 Person Household - Income may not exceed $84,200
  • 3 Person Household - Income may not exceed $94,700
  • 4 Person Household - Income may not exceed $105,200
  • 5 Person Household - Income may not exceed $113,650
  • 6 Person Household - Income may not exceed $122,050
  • 7 Person Household - Income may not exceed $130,450
  • 8 Person Household - Income may not exceed $138,900

2. All lottery applicants must obtain a pre-approval letter from a bank, credit union or other traditional mortgage lender that is acceptable to the City of Springfield for an amount that is equal or greater than $200,000. Pre-approvals require verification of applicant's credit and financial information. NOTE: pre-qualification letters, a much lesser designation, will not be accepted.  A combination of mortgage pre-approval and sufficient evidence of other funds (savings, gift, down-payment assistance, etc.) amounting to at least $200,000 may be acceptable. 

3. Provide documentation that applicant has completed Homebuyer Counseling from a HUD-Certified Housing Counselor that is employed by a HUD Certified housing counseling agency, or is enrolled to participate in a program prior to closing.

4. The property would need to be owner-occupied and will be subject to the affordability requirements of the HOME Program and CPA requirements. 

HOW TO APPLY

APPLICATIONS ARE DUE BY 4:30 PM ON JUNE 5, 2026. You may submit an application two ways:

1. Electronically using this link:  www.cognitoforms.com/CityOfSpringfield1/CITYOFSPRINGFIELDCCSINCHOMEBUYERLOTTERYAPPLICATION

OR

2. In person to the City of Springfield, Office of Housing, 1600 East Columbus Avenue, Springfield, MA 01103

 

QUESTIONS

Questions regarding this opportunity should be directed to Julimar Otero in the Office of Housing at 413-787-6500 or jotero@springfieldcityhall.com 

 

PHOTOS 

 

 

Page last updated:  Monday, April 13, 2026 10:15 am