Housing Home

Accessory Dwelling Units

As part of a community wide effort to respond to the housing crisis, Accessory Dwelling Units [ADU] are intended as an option for homeowners to provide housing on their property for family members, employees, and others. ADUs are restricted to year-round rental only; there are no rent limits and no income limit. ADUs are permitted in all residential and commercial zoning districts in Provincetown, including the Res 1 zone. Only one ADU may be permitted per lot. For additional information see the ADU guide (PDF).

Provincetown Down Payment & Closing Cost Program

Downpayment & Closing Cost Assistance Program
$10,000
 You may be eligible for a Provincetown Downpayment &
Closing Cost Assistance Loan!

 Purpose: The Town of Provincetown, through its Community Preservation Fund, offers up to $10,000 for each eligible buyer to put towards downpayment and closing costs for the purchase of an eligible affordable unit. It is intended to assist year-round residents qualifying at the 100% AMI [Area Median Income] or less income level who can afford monthly mortgage payments yet may not have enough money to pay the initial home purchase downpayment and closing costs. The loan is considered a "deferred payment loan;" it is interest free; and only must be paid back if property is sold or transferred within 10 years.

Who is Eligible?  

Applicants must meet the following eligibility requirements:

  • The household must occupy the property as their principal residence.
  • The home must be intended for and maintained as your principal year round residence
  • You must complete an approved homebuyer training course and provide certification of completion
  • A household cannot have more than $75,000 in assets
  • You must be approved for a mortgage with a recognized commercial lender
  • You must provide a minimum of 1.5% down payment from your own funds
  • You must purchase a permanently deed-restricted affordable unit in the Town of Provincetown and agree to future resale restrictions OR other eligible unit
  • Your total household income must not exceed 100% of the HUD annual median household income. In Provincetown, 100% AMI is (as of 2018):


Household Size  


1 


2


3


4 


5 


6


Income Limits  


$60,340


$68,960


$77,580


$86,200


$93,096


$99,992


 For more information contact: Housing Specialist Michelle Jarusiewicz 508/487-7087 or email Michelle Jarusiewicz

FY 2018 Income Limits

What does household income limit mean?




Maximum household income limits are the total household income for all earners and change annually.

Different programs target different thresholds such as 50% AMI or 100% AMI.



Sample numbers are listed below.



















Income limits FY 2018







Barnstable County median income $86,200
revised















House-hold
Size
 30% Income Limit
 Extremely Low
 HUD
50% Income Limit
 Low
 HUD
60% Income Limit
Moderate
 MHP
65% Income Limit
Moderate
80% Income Limit
 Moderate
 HUD
100% Income Limit Median
CPA
120% Income Limit150% Income Limit Middle160% Income Limit Middle180% Income Limit Middle200% Income Limit
1$18,100$30,200$36,240$39,221$48,300$60,340$72,408$90,510$96,544$108,612$120,680
2$20,700$34,500$41,400$43,125$55,200$68,960$82,752$103,440$110,336$124,128$137,920
3$23,300$38,800$46,560$48,500$62,100$77,580$93,096$116,370$124,128$139,644$155,160
4$25,850$43,100$51,720$53,875$68,950$86,200$103,440$129,300$137,920$155,160$172,400
5$29,420$46,550$55,860$58,188$74,500$93,096$111,715$139,644$148,954$167,573$186,192
6$33,740$50,000$60,000$62,500$80,000$99,992$119,990$149,988$159,987$179,986$199,984
7$38,060$53,450$64,140$66,813$85,500$106,888$128,266$160,332$171,021$192,398$213,776
8$42,380$56,900$68,280$71,125$91,050$113,784$136,541$170,676$182,054$204,811$227,568












NOTE:









Numbers in BOLD Source of information is HUD Barnstable County FY 2018 Income Limits

This document is for reference only. Actual limits are determined by the specific funding source.

60% is MHP; 100% AMI is CPA figure; other % are extrapolated using the 100% number as a base

Note that income is the total of all gross income for all household members.



Income limits are updated annually.








Provincetown Self-Sufficiency Housing Voucher Program

Provincetown Self Sufficiency Local Housing Voucher Pilot Program is funded with grant assistance from the Community Preservation Fund as approved by town meeting. The Provincetown Self Sufficiency Program aims to allow a family to have affordable, year-round housing while participating in a program which will educate and/or enable them to become self-sufficient within a three (3) year period. Participants are required to certify household income and adequate progress toward sustainability on an annual basis. Participants will also be required to meet at least quarterly with case managers and monthly meetings if required to do so.

Help Prevent Homelessness Food Gift Card Program

The Homeless Prevention Council offers food gift cards at various locations including their office at 14 Old Tote Road in Orleans and at various locations on the Lower Cape. Contact Community Housing Specialist Michelle Jarusiewicz for additional information. Gift cards are purchased at face value; the owner receives full value and the Homeless Prevention Council receives 5% of the card value from the participating market. So, a $100 gift card will provide a $5 donation. A win-win offer providing financial assistance to fight homelessness. Last year, the Homeless Prevention Council experienced a 32% increase in their case load and expect that to be even greater this year. At the same time, with state and federal cutbacks, there are fewer resources available.