The Overlook At Coes
The Overlook at Coes is a residential development located in Worcester and consists of 10 units. All of the units are designated as income-restricted and will be sold to households earning at or below 80% AMI (Area Median Income).
FEATURES
Included Surface Parking
Bike Storage
Common Playground
NEIGHBORHOOD
Worcester offers residents a convenient home base in one of Central Massachusetts’ most dynamic cities. Set in the South Worcester area, the neighborhood combines the character of an established residential community with easy access to the shopping, dining, recreation, education, and employment opportunities found throughout Worcester. Neighborhood businesses and grocery options including Shaw's on Stafford Street and numerous options along nearby Main Street, Park Avenue, and throughout Worcester’s growing downtown.
The city maintains an extensive network of parks and green spaces, including nearby recreational destinations such as Coes Pond Park and Cookson Field, giving residents opportunities to enjoy playgrounds, walking, sports, picnics, and time outdoors. Worcester is also home to renowned colleges and universities, major healthcare and employment centers, cultural attractions, restaurants, entertainment venues, and an evolving downtown. Its central Massachusetts location also provides convenient regional access for travel throughout the Commonwealth. Worcester provides an appealing location for those looking to make central Massachusetts home.
JOIN OUR COMMUNITY / PRICING AND ELIGIBILITY
- Program: CommonWealth Builder (CWB)
- Number of Income-Restricted Condominiums: 10 (Two 1-Bedroom Units & Eight 2-Bedroom Units)
- Condo Sizes: 1-Bedroom & 2-Bedroom
- Income-Restricted ADA Accessible Condos: 2 (Two 2-Bedroom Units built out for Households with Mobility Impairments)
- Maximum Income Limit: 80% AMI (Area Median Income) – Based on HUD Limits
- Asset Limit: $155,000
Asset Limit does not include retirement, but does include the assessed value of real estate owned by applicants.
Income limits and purchase prices are determined by HUD on an annual basis. To find out more about the current year’s limits, please visit this link.
2026 HUD Income Limits
| Household Size | 60% AMI | 80% AMI |
|---|---|---|
| 1 | $55,320 | $73,750 |
| 2 | $63,240 | $84,300 |
| 3 | $71,160 | $94,850 |
| 4 | $78,240 | $105,350 |
| 5 | $85,380 | $113,800 |
| 6 | $91,680 | $122,250 |
Current Condo Listings
| # Beds ↑ | Price ↕ | AMI % ↕ | # Units ↕ | Accessible ↕ | Additional Details ↕ |
|---|---|---|---|---|---|
| 1-Bedroom | $190,000 | 80% | 2 | — | — |
| 2-Bedroom | $215,000 | 80% | 8 | 2 Mobility | — |
NEXT STEPS
APPLICATION DISTRIBUTION PERIOD:
August 27, 2026 – October 26, 2026
APPLICATION DEADLINE:
October 26, 2026
Join the Wednesday, September 30, 2026 12PM Info Session HERE
To download a PDF application to be mailed, faxed, or dropped off, please follow THIS LINK
Email: TheOverlookAtCoes@MaloneyProperties.com Phone: (617) 531-7123 Ext 760 | US Relay 711
LOTTERY PROCESS
When is the lottery? The lottery date will not be scheduled until after the application deadline. The lottery is scheduled, and the lottery date is typically held 4-5 weeks after the application deadline. All applicants will receive notification of the date, time, and location of the lottery, as well as their application number. The lottery will be open to the public.
Do I have to attend the lottery? No. All applicants will be notified of their lottery number after the lottery.
When will I be contacted? We will begin contacting only the top applicants following the lottery drawing.
What is my Application Number and Lottery Number? We will mail a letter to all Applicants entered in the Lottery Drawing, providing their unique application Number. We will mail out a second notification letter after the lottery has taken place. The lottery number is assigned by the person who conducts the Lottery Drawing. Per the Fair Housing Commission guidelines, applications will be sorted by bedroom size and income level, then by preferences, followed by the lottery number. An Applicant’s “rank position” is determined by a combination of all the sorting factors.
FAQ / FREQUENTLY ASKED QUESTIONS
Income Questions:
How is my income calculated?
The household income is calculated based on the gross income of the household. Commissions, bonuses and other regular payments are included and considered part of the gross annual income.
I didn’t file taxes last year. What do I need to provide?
Individuals or households who did not file taxes must provide a verification of non-filing from the IRS in lieu of a tax return. To obtain the verification of non-filing, applicants should fill out a 4506-T form and file it by mail or hand-deliver it to an IRS office. The IRS will mail back a letter of verification which must be provided with the income materials given to the marketing agent. See the IRS website to download a 4506-T form.
I received a pay raise between the time I picked up an application and the time I was income certified and now I am over the income limit. What do I do?
Income is calculated at the time the applicant submits an application to the lottery agent, not during the application process or at the time of the lottery. Eligibility must be maintained from the time of the application pick up until after income certification verification. Unfortunately, if an applicant’s income is over the income limit, the applicant will not be eligible for the particular unit for which they applied.
I have children in school/college, how does this affect my application?
Income from children under 18 and other dependents in school full-time is not counted the same as other sources of income. Any such earnings above $480 in annual income would not be counted towards the income limit.
Are student loans considered income?
Student loans are not considered income and may not be used to income qualify.
I am separated from my spouse, does this affect my application?
Legally married couples shall both be considered part of the household, even if separated. Applicants with additional questions regarding this policy must speak with the marketing agent/seller.
I would like to appeal a decision regarding income eligibility. How do I appeal? Applicants who are rejected will receive a rejection letter in writing and will be given 7 days for the opportunity to appeal the decision.
Property Questions:
What are the condo fees? The condo fees are estimated to be $300/month. These are subject to final pricing and beneficial ownership.
What utilities/services are included in the condo fee? Payroll, administrative fees, repairs and maintenance of building and common areas, snow removal, common utilities. Owner is responsible for all utilities, including electricity (heating/cooling, hot water, cooking, & laundry), water/sewer, & cable/internet (optional). Gas is not a utility at this property.
Is the stove electric or gas? Electric.
Are the washer/dryer included? Yes, In-Unit (Electric).
Is parking available? One on-site, surface parking space is included in the purchase price. There is also on-street parking on the street(s) surrounding the property.
Is storage available? Additional on-site storage is neither included nor available for rent/purchase.
What is the pet policy? Pet policy is TBD. Service animals are permitted for no additional fees with proper documentation.
If you have additional questions about this property, please contact us using the form or contact information below.
Email: TheOverlookAtCoes@MaloneyProperties.com
