Posted on Leave a comment

Housing lottery listings

Smartphone book

new

The Melnea Apartments – 7 Apartments Available
Get the papers — click 
431 Melnea Cass Boulevard
Roxbury – Deadline to Apply is June 17th

35 affordable apartments out of 168 units in the development are available
The Kinloch Apartments

104 Turnpike Road, Chelmsford, MA
View rent prices and the application details
Must Apply by June 1, 2019
Phone: 978-256-7425, ext. 21
Email lottery@chelmsfordha.com


150 Camden
deadline May 29th – get papers < — click
6 Income Restricted Apts
150 Camden Street
South End


older
When a deadline date passes, there may still be a chance when the property manager decides to keep them open. There are many reasons for them to do that. Phone them or email the address on file in the links.


Dorchester – Keystone Apartments for Elderly
Apply before May 15th
Click here for the papers


21 Units available in Brighton, MA
Gabriel Apartments – APPLY ONLINE
Apply before May 15th
click here for the papers


Burlington Apt Lottery – rents $1,273 – $1,700
The Reserve at Burlingtonget the papers
20 Corporate Drive
Burlington MA
Housing Lottery Deadline – June 17, 2019

older listings

Lucky Strike Residency $1,094 – 1,449 per month
3 income-restricted apartments for rent

281 Adams Street, Dorchester, MA 02122
Application deadline – April 23, 2019
1 Studio,  one 1-BR, one  2BR == Lottery Papers required.

Chapel Hill Landing
Homes for Sale: 3BRs $228,00, 4BRs $241,000
Off Hospital Road at 1 Stoneridge Way
Medfield, MA
Open house and on-site application consultation – April 30th. 5-7PM
Click for the brochure with contact info.

Hyde Park – Six income-restricted rental apartments
735 – 745 Truman Parkway
rents are $1,094 – $1,449 depending on size
Apply Online here: www.TrumanParkwayLottery.com
Or call to have an application mailed 781-992-5305
Deadline – apply by April 23rd, 2019


Click for more choices.

Posted on

Cambridge affordable housing opportunities

City Hall Cambridge

City of Cambridge affordable housing is owned by non-profits,  Town Hall, and there are privately-owned affordable housing units. Low income applicants are charged 30% of their income for rent when selected into the program.  The Community Development Department (CDD) is accepting Preliminary Applications.  To be considered into the Inclusionary Housing Rental Program you must apply.  You can view the eligibility requirements here and download the application. 

Housing in the Middle-Income program is for households with an income between $60,000 to $100,000. The Maximum Income Program allows incomes between $90,000 and $150,000.

A number of departments and organizations are building and renting affordable housing in the City of Cambridge. Click here to view the list.

Posted on

Are you eligible for an Affordable Apartment. Yes, you probably are. Here’s why.

affordable rental living space forms

A household who earns from $22,650 to $200,000 a year can be eligible for below market rate rents and purchase prices. That household could be yours.

Here’s why.

Your Income Matters.  The Federal Housing and Urban Development Department established income guidelines for every region of the United States. These regulations are used to fix rental prices to what properties rent and sell for.  

The rules created an Income Eligibility Chart.

In most of Massachusetts and the Metro Boston area, a household with an income of at least $22,650 can rent a 30% AMI studio apartment for $470.  Each AMI level raises the amount of rent.

Where Section 8 can be used, you get a price break.

See Rents

See Income limits

View more charts here.

On the Market now 

SALE: deadline for app is May 8th, 2019
Address: 11 Iffley Road, Jamaica Plain MA 02130
3BR, home for sale – 65% AMI $192,000 apply here

Rental: deadline to apply is May 15, 2019
Keystone Apartments,  151 Hallet Street Dorchester
Rent is 30% of your adjusted Gross Income
1 BR – restricted to elderly.
income limit. $56,000-$64,000 – APPLY  
( 30% of $56,000/12 ) is the month rent

Affordable Housing Lottery
The Reserve at Burlington
20 Corporate Drive, Burlington, MA
Studios @ $1,293, 1BRs @ $1,470, 2BRs @ $1,632, 3BRs @ $1,792
Apply here before June 2019
*Rents subject to change.
Utilities not included.
Tenants will pay own Gas Heat, Gas Hot Water,
Electric Cooking, Electricity, Water and Sewer.



Posted on

How to get hundreds of dollars added to Section 8 housing vouchers in Boston.

a dollar for an idea

“Boston’s Poor Forced To Find 2017 Apartments At 2005 Rental Rates,”

written by BIANCA VAZQUEZ TONESS of WGBH News
 link   https://news.wgbh.org/2017/12/12/

Be sure to read it and learn the trick.

Why should they have to ask for this increase?

This problem is caused by elected officials in Massachusetts government. Policy makes a difference.  When they don’t get it right, it is a #FAIL.  Politics is the control of a limited amount of fixed resources.

The article says …  “xtremely hard,” said 35-year-old Ashesha Rockette.”

Rockette receives a state housing voucher that helps subsidize her rent. She is required to pay a third of her monthly income — $211 — toward the rent while the state kicks in the rest.

excerpt: The state’s Department of Housing and Community Development would not comment on the funding levels for the voucher program.

The state slashed the budget in the 1990s. Over the last few years, they’ve restored some funding, but that’s gone to increasing the number of vouchers, not the subsidy amount.

excerpt: At 2005 rates, you may also struggle to find a safe, working apartment that meets state housing standards, said Rockette. When Rockette eventually found a place in Hyde Park for $1,650, it was far from perfect. Last week, the water was turned off. There’s mold, and rodents. Her mailbox has never locked properly, so she misses important mail.

excerpt:  Two years ago, that meant the state was paying the difference between her third and a cap of $1,392 — the maximum amount she could spend on rent. Rockette was not able to find an apartment at that rate. She eventually negotiated a better deal with the state, but many people who rely on these vouchers are still locked into the cap, which was set back in 2005.


HEADLINE:  Dec 12, 2017,

Governor Baker announce a plan for 135,000 new housing units by year 2025

http://www.wbur.org/bostonomix/2017/12/11/bakler-new-housing-plan

In May 2016, the governor announced $1.1 Billion for housing investment in Massachusetts. Where is the happy ending to the story?

When policy makers in government allocate billions of dollars to cover necessary expenses, there is negotiation. Do you build more housing the less fortunate can afford? Do  you fix rusty bridges, replace underground the water pipes, cover cost of free insurance for  poor people? Do you build a new highway?

What do you do with fixed amount of money?

The answer never pleases everybody.

Posted on

Mattapan apartment building with 347 units just sold for $65M or $187k per unit.

In a previous article we said it cost $20B to create 50,000 affordable apartments at a cost of $400,000 per apartment and the cash flow from 50,000 income-restricted tenants would pay for it a few times over a 15-year mortgage period.

SmallWall.net stands by those estimates because after we posted the piece, the Boston Business Journal published an account of the sale of 15 Bismarck Street, an apartment building in Mattapan with commercial office space and 14 Studio apartments, 143 1BRs and 190 2BRs named the Fairlawn Apartments.

sold recently

When 800,000 affordable housing consumers protest in the face of the relatively small number of affordable housing developers and budget sources, when they protest louder than a few of the 800,000 furloughed federal workers did, then you may see 100,000 new affordable housing units under construction in Greater Boston by next year. 

Posted on

Good government mission for the affordable housing consumer.

BEVERLY Studio floorplan

The City of Boston can rightfully brag that it does better than most cities in the US when addressing the need for affordable housing inventory,

Take this message contained in the Boston Mayor’s State of the City 2019 speech where he said …

” We are committed to leaving no one behind. In Boston we’ve created more affordable homes than any time on record. We’ll create 1,000 new homeowners in the next five years by building more affordable homes and providing more financial help. We’ve housed over 1,600 chronically homeless people. A year ago we launched the Boston’s Way Home Fund and set a goal of raising $10 million over 4 years for supportive housing. After just 1 year, we have already raised $5 million.”


Housing policy wonks say the claim rings true, that Boston has put a larger “percentage of affordable rentals” on the market than most other cities of its size in the U.S, in recent years.

But the devil is in the details.

Politics is about the control of limited resources.  Land and money are limited resources. It takes both to create a housing unit, be it an expensive luxury apartment building or an affordable building of similar size.

And because land and money are limited, there may or will NEVER be enough affordable housing to meet everyone’s need in urban areas. Let’s face it. A substantial number of people have limited incomes. Its just the way it is.

What a housing lottery really is

A democracy is a hard thing to administer, therefore its political leadership invented THE HOUSING LOTTERY as an attempt to be fair.  This works for a lot of people. But when there are 6,000 applicants for a workforce priced building unit that has  200 openings, then the policy has not worked for 5,800 people who applied for the units.

The Beverly building
workforce priced housing in downtown Boston

This was the case at THE BEVERLY, a downtown Boston building near the North End that demonstrates an interesting way to fairly treat the pre-qualified affordable housing consumer. See chart below for the affordable rental rates in that new modern complex.

The Beverly’s affordable-housing units were offered in a housing lottery to households with annual incomes of $17,578 to $60,000, according to the developer. Rents were to start at $492 a month depending on income. It is a LUXURY apartment building complex that has 239 units. It offered 66 Affordable Price units in chart below.

Numbers like these are repeated at most Housing Lottery opportunities. But there is good news in the mix. When a building full of condos for sale to the income-restricted went to market with 11 available units, only 18 lottery applications were received by management.

Eleven people won a unit of 18 that applied. Probably, some of those 18 applications were rejected for technical reasons as they usually are.

 We spoke to one of the winners – a coffee shop manager in the Seaport. He said when it put in his application he didn’t expect to win,  but he thought “what do I have to lose” he said. The move enabled him to save hundreds of dollars a month less the going market rate. 

The $5 billion city plan

If Boston had won the Amazon Headquarters II  deal opportunity that plan called for the new construction of housing to meet the needs of  50,000 employees.  AMAZON valued the deal at $5 Billion 

Do you want to know who was going to build that new housing?  Guess no more, we have the document.
Click here to read it.

This writer would like to think that a BEVERLY-like solution with the scale of the Amazon buildout can be constructed.  The Affordable Housing industry uses a rough figure of $400,000 each to build a unit to meet standard requirements in urban areas. That cost is all inclusive of land, construction materials, finance cost, labor and all that. 

If it cost $400,000 a unit and there are 50,000 people looking to access affordable housing at the BEVERLY  income ranges stated above, then there is cash to work with. It would cost $20 Billion to build 50,000 affordable price units. 

The Beverly rent rates
at the 2018 lottery closing

Would an extra 50,000 affordable housing units take the pressure off? You bet it will! If you divided the $20B construction cost of 50,000 new units by the 50,000 people now in the market looking for a unit, you’ll arrive at a figure of $40,000 per person.

This simple math can be looked at any way you want, but from the calculations,  there appears to be enough regular cash flow coming from 50,000 renters to pay off the $20B construction cost, while holding tenant monthly housing cost to an amount no more than 40% income all inclusive. The Beverly affordable rent range started at $492/mo and ended somewhere north of $2,000 per unit scaled to income.

Eminent domain property taking is necessary to put up a new apartment complex of this magnitude. Boston mayors have unusual powers. They are tremendous.  

What does financing $20B over 15 years look like? Chances are with all the rent coming in against it, there would be a profit to be taken that can pay for building a few more 50,000 affordable unit packages where they need to go.  Look around Boston, don’t disturb the greenspace and figure how to do it. 

Letter from the Publisher
Smallwall.net
@movef Tweets

Posted on

These software apps help tenants manage Landlord problems.

Renters in New York are no different than Boston renters except they get less for their money.  This could be why volunteer software coders in New York  meet on a regular basis to make software apps for  tenants who have landlord problems.

One records renter problems with heat to help report bad landlords. https://heatseek.org/history/

Another one tracks buildings going through displacement. www.displacementalert.org

The app Who owns What helps tenants find exactly who owns buildings and rentable properties no matter how many LLC corporations the owners hide behind It does data science to compare common data between various public records.

Posted on

Public Housing Authority Brief for Massachussetts Wait List Openings

HousingWorks is a service that lets you locate AND APPLY TO subsidized and affordable housing options in one sweep

There are OPEN Waitlists in almost every Massachusetts county says Housingworks!

HousingWorks specializes in 30% of incone is your rent charge subsidized housing. Public Housing Authorities (PHA) have it.

There are over 200 PHAs in Massachusetts Cities and Towns.

If your income is extremely low. If you can move to anywhere a PHA has an opening, inform your case worker to use HW.

They can input your application electronically.

Click to search ♥ HousingWorks.net.