First Time Home Buyer

HCP merged with the Community Land Trust of Cape Ann on 1/1/2012 and has inherited the land and the responsibility to monitor and support the permanent affordability of the 51 first-time buyer condominiums located on that land. The units are located in four Gloucester developments:

  • Haven Terrace, 26 units
  • Babson Block, Granite Street, 15 units
  • Forbes School, 47 Washington Street, 8 units
  • 22 Taylor Street, 2 units

Unit resale, for sale by owner, will be posted here as they become available. HCP is the administrator for Cape Ann Community Land Trust Program and is not a unit owner, seller or seller agent. Prospective buyers should do their own due diligence to ascertain the accuracy of any potential properties listed for sale.

Buyer qualification requirements: Must be a first time homebuyer and meet household income restrictions of less than 80% of median area income.