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Subsidized housing availability today and beyond.

Towns with openings.

Haverhill, Barnstable, Wellfleet, Revere, and Boston (Dorchester and Roxbury suburbs)

SEARCH FEATURE

1) make choices at the link to the database form. Pre-select options you qualify for.

Link: Subsidized Housing Online Database produced for Massachusetts

2)  An August 12th  search test using the link above returned 74 building locations where subsidized rentals are available if you used : Zip Code 02119 when selecting 2 Bedroom apt and voucher type (all).

Your results will vary depending on what you select on the form.

 

 

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Maximum affordable rental apartment prices set by the BRA.

BRA logo 2015

[ dowloadable apartment lottery leads ]

The Boston Redevelopment Authority set maximum rental prices for affordable apartments in Boston City limits based on a percentage of the area median income of $66,000 a year for one person.

Affordable rental rates will begin at $1,024/mo for studio apartments, $1,194/mo for 1 bedroom, $1,365/mo for 2 bedrooms, and $1,535/mo for 3 bedroom units at BRA designated properties owned by many different developers, property investors and community development corporations.

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New hit: Roxbury multi-floor  house for rent on Mt Pleasant St

MT PLEASANT STREET rental apartments in a brownstone ( rewrite 07/01/16)

Two Roommates Wanted for Apartment Unit
(2 Floors of Living Space 1,400 sq ft) $1,000 per Room

SEE Photos Here

Info about the online application the landlord will require is here
http://www.clearscreening.com/smartscreen/renters.html

This beautifully renovated apartment in the historic district of Roxbury, a borough of Boston, near Mission and Fort Hills, just outside Dudley and also near transportation and the South Bay Center. It features 2 separate levels of living, full eat-in kitchen with butlers pantry, new cabinets and counters, and stainless steel appliances.

Original pine floors throughout, 12′ ceilings, tall bay windows and 2 skylights that bring in lots of natural sunlight. 3 spacious bedrooms and 2 full bathrooms- all with great closet/ storage space. Large living room with separate area for an office is great for relaxing and entertaining.

Lots of original period details. Laundromat is 3 blocks away and easy street parking if you have a car. Forced hot air heating is not included. Close to Dudley Square Library, hospitals, Interstate 93, and everything the South End and all of Boston have to offer. Applicants must have good credit, references, and rental history (need a co-signer if no history of rental).

This is the same unit with a slightly different description:

Two Roommates Wanted for Apartment Unit (2 Floors of Living Space 1,400 sq ft) $1,000 per Room 02119

This beautifully renovated apartment on a historic street of Roxbury just outside Dudley and near the South Bay Center features 2 separate levels of living, full eat-in kitchen with butlers pantry, new cabinets and counters, and stainless steel appliances. Original pine floors throughout, 12′ ceilings, tall bay windows and 2 skylights that bring in lots of natural sunlight. 3 spacious bedrooms and 2 full bathrooms- all with great closet/ storage space. Large living room with separate area for an office is great for relaxing and entertaining. Lots of original period details have been restored. Laundromat is 3 blocks away and easy street parking if you have a car. Forced hot air heating is not included. Close to Dudley Square Library, hospitals, Interstate 93, and everything the South End and all of Boston have to offer. Applicants must have good credit, references, and rental history.

 

 

 

 

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Legal help when landlords say no to Section 8 or disability checks.

download the lastest apartment lottery lead sheets here.

Landlords who say no to Section 8 housing vouchers or disability checks when you pay the rent  are breaking the rules. Fortunately you can do something about it.

Call 617-884-7568 to report your trouble or visit the Suffolk Law Housing Discrimination Testing Program web site at http://www.suffolk.edu/law/hdtp 

Suffolk Law’s Housing Discrimination Testing Program (HDTP) is funded by a grant from the U.S. Department of Housing and Urban Development to work in partnership with the Boston Fair Housing Commission to eliminate housing discrimination in the Boston metro area through testing, enforcement and education.

 

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Here’s what a $250,000 mortgage deal looks.

Bankmoney

You may have seen the ads about 3.5% mortgage financing rates.

Hurry on down!

There are deals out there for just about every FICO score level.

Here’s what one looks like,

Let’s pretend you are buying a $250,000 house.

You can borrow the money for 30 years.  Some people will be offered the lowest interest rate possible. These calculations assume 3.5% with a 20% down payment ($50,000 in this case) and FICO score of +740.  The monthly mortgage would be about $1,213.00 including insurance and taxes in this scenario. You may have to add monthly condo fees if you buy one. When the appraised value of the house is worth a whole lot more than the sales amount, that’s another plus that could bring the interest rate down.

The new 3.5 deals

Have you have heard about the 3.5% down deals?  For a down payment of  $10,000 ( 4% down ) on the same $250,000 house mentioned above, your mortgage payment with taxes and insurance  will be approximately $1588.00/month .   An advertisement in a suburban town near Boston offered loans for a 3.5% down when your FICO score is around +620. Those special loans are widely available.

It pays to shop around for the best mortgage deal that you can find.

Preview personal or business credit improvement counseling we have arranged.

 

 

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Mosaic Apartments at Brookline Ave and Jamaicaway go to market at $161k per 1BR in lottery.

The Smallwall.net Apartment Leads product ($1.99 per kit)  gives you the latest rental prices, lottery application addresses and phone and email contact info 2 ALL AFFORDABLE studio apartments, 1-4 BR units, condos, affordable houses and open wait lists in Boston and Massachusetts towns.


About Buying vs Renting

At the sparkling new Mosaic on the Jamaicaway apartment tower development on the market right now, the 1BR  apartment market  price is in the high $400k range. But when your income falls between $35,000-$65,000 and your household meets the qualification standard, you’ll be able to buy a unit there for $161,000 lottery price. YOU HAVE UNTIL MAY 23 TO APPLY AT MOSIAC.

Uur Download Shelf Product File lists opportunities that will not expire until late July 2016.

Today’s mortgage rates hover between 3-6% depending on who you are. so your mortgage payment could be equal or lower than most market-rate Boston apartments rent for. In our opinion, you should buy before rent!

At  Mosaic Apartments on the Jamaicaway, the income restricted prices were:

Mosiac Apartments on Jamaica way prices

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Free Housing Search Workshops from the Boston Center for Independent Living

Workshops are being held every month on the First and Third  Wednesday, you can come downtown to Temple Place across from Boston Common  near Tremont Street and participate.

This Free workshop offers information and answers about how to conduct a successful housing search, including learning how to communicate with housing authorities, agencies, and landlords.
When: First and third Wednesdays of each month from 10am-12pm.

Where: 60 Temple Place, Floor 5, Boston MA 02111.

More Info:  617-338-6665

http://bostoncil.org/contact/

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The marketing of an affordable Hyde Park townhouse for sale.

Let’s profile a typical single family house for sale ( like right now ) in Hyde Park that is being marketed as a DND Affordable Townhouse.

First, there’s the price with photo and the specs in the sales pitch. And most real estate brokers hate marketing “affordable designated” housing stock.

To KNOW for sure if this is an affordable house deal or not takes some third-party intelligence or organic feel.

You’ll need to know what houses just like it across the street and around the block are selling for at “market rate.” That’s really the thing … figuring out if the label “affordable” really means what it is supposed to mean because when it does, that house will sell for about 30% less than its non-designated peers.

Here’s one, take a look. Labeled an AFFORDABLE TOWNHOUSE IN HYDE PARK it was available as of April 28, 2016 and an open house is scheduled . To take a look at this, call Jonathan at  617-209-5212

Affordable Town HouseSPECS:
3 Level & 3 Bed DND Affordable Townhouse!
1.5 baths, 3 BEd, 1309 Sq Ft.

In 1994, this would have cost you about $150K. Today its $304,000

100% AMI Income Limit:

1 HH $68,650, 2 HH $78,500, 3 HH $88,300, 4 HH $98,100, 5 HH $105,950

Asset Limit: $100,000.

Price: $304,990

3 Bed | 1.5 Bath | 1,309 Square Feet | 2 Parking Spaces

Open House Sunday, May, 1st 11:00 AM – 1:00 PM

Close to Orange Line at Forest Hills and Commuter Rail at Roslindale Village

 

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May 2016 Fall River, New Bedford and Worcester subsidized housing opportunities.

For Elders, Disabled Individuals and Families:
May 2, 2016

Sources are reporting that New Applications just went online for subsidized properties in Fall RIver, New Bedford, and Worcester because the property management for 20 subsidized waitlists has changed hands.

The new management company notified the system of waitlists have opened and they are encouraging elder and disabled individuals and families to apply if they are in the market for a new or different apartment in these towns.

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$312k house for sale in Jamaica Plain announced. 2BR, 1.5 bath, 3 level

Affordable house for sale Priced below market rate.

Prequalifications  to purchase: A one person household must have at least $54,000 annual income.  For two persons and up the income level schedule allows for more.

Developed in 2013.
Located in Jamaica Plain near Amory Street. This is a resale.  SPEC: 3 level BRA affordable townhouse. 2BR, 1.5 baths, 1000 square feet, 3 sides of windows, open first floor floor plan, ample sized kitchen, basement washer dryer hookups, two bedrooms upstairs.

Listed Price $312,498.

Taxes  plus condo fee not incl

Contact: movefboston@gmail.com for open house dated and other leads like this. Will connect you with sellers/sellers rep.