Posted on

South Boston Condos for sale by lottery. 5 spacious units priced from $214,000 -$383k

Boston Income Restricted Homeownership Deal.

The CONDOS have 2 or 3 Bedrooms. your salary has to be at least $57,000 but less than $144,000 a year, depending on your household size. Each unit has salary restrictions. 


Get the papers for complete details.

Address
: 401-407 West First Street, South Boston.

Put in your application as soon as possible. 

Acceptance period is from July 5 to July 21.

see photos
get an application to buy
Click to Get the Papers

Posted on

One Gurney Street is offering 40 apartments. Brand new starting at $1,094 1BR-3BR per month.

ONE GURNEY STREET apartment complex are accepting rental applications until  June 15th 2017. Call (617) 209-5225 or go get one at 30 Gurney Street, Rox 02120.

Apply online at www.onegurneystreet.com

So what’s the catch? The apartments are non smoking, income restricted, and 9 of 40 units are setaside for homeless or Sec 8 or CBH or LIHTC, or Section 811 non elderly.

Good luck folks!

Posted on

Urban Edge Jackson Square rental apartment Montebello price list.

Urban Edge held a lottery for a number of two bedroom apartments at the Montebello  development. The 2 bedroom “affordable” rent rate was $1,600 per month.

The market rate for similair new properties is over $2,500.

There were six Montebello units  as of Nov 2016.

Urban Edge   Phone 617-989-1052.
E-mail: Montebello@winnco.com

Office:Winn Management /  URBAN EDGE at  1542 Columbus Ave, Roxbury, Ma.

Urban Edge Properties under management. 

Bancroft Apartments, 9 units on Forest Hills Street. Call 617 989-1052.

Dixwell Park Apartments, 15 units between Washington Street and Centre Street. Call 617 989-1052.

Jamaica Plain Apartments, is 50 units on Washington Street, Woodside Avenue and School Street, east of Green Street

9 units on Walk Hill Street near Forest Hills. Call 617 989-1052.

Montebello Apartments is 7 units on Montebello Road, between Washington Street and Walnut Avenue. Call 617 989-1052.

Urban Edgec Limited Apartments is 18 units in two JP locations, near Hyde Square and the Sam Adams Brewery. Call 617 989-1052.

Posted on

Low price housing deals. Rentals. Lottery.  Apts. Homes in Boston and MA.

Click to view or download a new list 

Apply direct to sites for chance to get a unit. If you want Section 8 reservations, Click here 

If you are looking to purchase an Affordable House or Condo SHOP HERE

MIXED USE income restricted apts rent side by side the commercial rate household units. VIEW a DIRECTORY 

Consult Urban Edge Realty in JP about new Jackson Square apartments. https://www.urbanedge.org/housing/findhousing/

Posted on

Apartments that are family affordable to rent.

Apartments should be affordable to rent. Down south, they are. Some of these Boston area  apartment ad rents are not too high. Use coupon code TRIAL to try our
 ( apartment lottery update)  service. It gives you a 100% free time trial.  

Application Deadlines are very important so act now on deals you see if you like the price.   

The ads were seen in the Bay State Banner newspaper.

 Click to view ads

 

Posted on

Chinatown affordable condo  lottery applications are due April 10.

For Applications click Chinaton 88 Hudson Applications 

Fifty affordable Chinatown condos are being sold by income restricted lottery. 

A  meeting about them will be held at Boston Public Library. See details below.
Sign in to our Apartment Lottery Alert database for updates thru the year.


# CHINATOWN
51 CONDOS by Lottery  at 88 Hudson Street

Application Deadline April 10th.

88 Hudson Street Condominiums consists of 51 Income Restricted condominiums located within the Parcel 24 development in the Chinatown neighborhood of Boston. 

The 51 income restricted condos include a combination of 1 Bedrooms, 2 Bedrooms and 3 Bedrooms units that are in the 60% AMI, 80% AMI and 100% AMI categories.  Prices will range from $113,000 for 1BR to  $300,000 for 3BR. 

INCOME RESTRICTIONS are scaled according to AMI percentage and number of persons in the household. 

Range begins at 1 person $41,250 per year in salary  and ends at  max income  $113,000 annual income for six person families.  

Chinatown APPLICATIONS go out March 20, 2017  through Monday April 3, 2017.  

Contact: 617-209-5405 to request Applications.

Stay tuned.


# FRANKLIN Apartment Lottery

THE KEY apartments, 1350 West Central Street, Franklin Ma
Units will have modern kitchens with quartz countertops, frameless cabinets, porcelain tile flooring, and stainless steel appliances.

MAXIMUM Household Income Limits: $51,150 (1 person), $58,450 (2 people), $65,750 (3 people), $73,050 (4 people), $78,900 (5 people) and $84,750 (6 people)

62 Affordable Units

Rent

  • 1 Bedrooms: $1,290
  • 2 Bedrooms: $1,533
  • 3 Bedrooms: $1,767
  • No utilities included except Water and Sewer.

 

Posted on

Anticipated Trump affordable housing budget cuts listed in the mainstream media. 

Budget cuts to HUD operations help fuel a Fifty-four billion dollar spend on new military investments being planned by  President Trump. Yeah,  the money has to come from somewhere!

There is  $6 billion to be taken from Dr. Ben Carson’s Housing and Urban Development department.  HUD  will have to find other sources of revenue or go without it.

The cut will affect HUD direct rental assistance payments  including Section 8 Housing and housing vouchers for homeless veterans. Its going down by $300 million annually.

And the Washington Post reported there could be reductions in  Section 202 elderly program money by 10%, Section 811 housing for people with disabilities by  20 percent and Native American housing support by 20 percent.

I think there must be an upside to all this.

Whether these low income housing budget cuts happen or not will be revealed shortly when President Trump releases his budget in the coming weeks.
There is also the idea that federal departments can sustain cuts like this without harming people they serve because of wasteful government spending.

But  eliminating waste won’t be enough to cover the shortfall.

Adding to this cloud of uncertainty, a preliminary forecast put forth by the Association of Retired Persons are predicts  that a 65 year old person with an annual income of $15,000 will have to pay $8,400 for insurance if Trump / Ryan get  their way.  Today that bill is less than $2,000 with Obamacare in place.

Posted on

Here are the maximum rent prices charged for income-restricted housing

The chart shows maximum allowable  rents and purchase prices  for affordable property. If your current housing cost is 30 to 35% of your monthly income you have affordable housing already.

The AMI or area median income is $68,000 per person per year. When income is less than 100% AMI see the reduction in prices to pay. Section 8 and other subsidies reduces the income requirement further.

On mobile screens click and slide the chart to make it larger.

BOSTON maximum rents charged to income-restricted real estate

You need an application to enter a housing lottery. Sign-up for our lottery update by email service.

DOWNLOAD this lottery application from a closed Jamaica Plain apartment lottery to see lottery forms.
.