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Two Women Win Home Ownership Opportunity

Greg Desrosiers/TSM

Two lucky residents are soon-to-be owners of a new home on in the North End of New Bedford. Lisa Sylvia and Wren Charbonneau were selected in a lottery outside the two family home on Leland St. Thursday afternoon.

The lottery was part of the city’s “Neighborhoods First” initiative.

Sylvia says she and her children felt lucky…

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The initiative is sponsored by the city’s Office of Housing & Community Development and Community Action for Better Housing, Inc. Local banks are also involved with providing prospective families with affordable low-rate mortgages.

The home underwent a six month renovation with funding from the federal government.

The Office of Housing & Community Development will also contribute 5% of the purchase price to assist with down payment and closing costs.

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