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Amazon’s 50,000 promised jobs and the Section 8 Waiting list of 60,000 households are numbers with a lot of zeros.

Amazon job promises are gold coin to city revenue collectors.   Don’t let it just be about money, Boston. People you can download the latest lottery leads package where income-restricted earners can apply for affordable rentals or homes to buy before deadline from sources listed in  links.


Non-profit affordable housing advocates, community social workers, agencies, activists and local governments are stretching ahead to build as much affordable housing as they can. Then, all of a sudden, 50,000 jobs might come if Boston beats the competition and lands the new Amazon headquarters and those workers would buy a lot of units, adding even more pressure on the competition for units that people Who Need Them will be harder to get.

If THEY build that HQ here.

If they don’t come, okay – why would the cities not be building affordable housing on the million acre parcels at Suffolk Downs or at the Flower Exchange area designated for Amazon now?  Money? City Managers want revenue upfront. It takes a while to recoup affordable housing investments, It takes years. When an apartment building in the Charles River area was built, it had a 30-year agreement under it to keep lease rents affordable.

See what I mean.

Section 8 – A wait list report is due out on the 60,000 households on various Section 8 Housing Voucher WaitList across the state for vacant public housing priced units where no more than 30% what ever it is, of your income is charged out to rent. So, if you think it was you who couldn’t find a free Section 8 apt,  it ain’t just you.  The author of the report warns that the results will be very negative. He reports soon and we’ll let you know.

 

 

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When you make this salary in Boston, only then can you afford regular open market real estate.

“Affordable housing” is not a house. It is a concept put forth by economists and housing policy makers who prescribe that you Should be Spending 30% of your income and no more, on ALL your monthly HOUSING COSTS!

Thirty PerCent!

view the lottery leads package to apply for 30% of income rentals

“All” means your share of the rent or mortgage plus insurance, taxes, condo fees if any and heating cost.  A web site compares cities and determined what it takes to buy a house there. In hot Atlanta, which has emerged as a significant Black Hollywood movie making town, you need to make $45,000 a year to get a mortgage that buys a decent house.

In Boston, you need to make $98,000 a year to do that, according to the survey results from www.hsh.com 

I can relate to that. When I had an Atlanta apartment near the Strip and Piedmont Park, rent was $125/mo. I moved on up to Buckhead. That apt had more space, was in a safer neighborhood and cost a tiny bit more. I left Atlanta, lived in DC, and eventually moved to Boston. Washington DC Dupont Circle was 30% less rent than an equivalent unit at 220 Jamaicaway Boston. But Boston cost triple my Atlanta rent rate at the time. Actually, it still does!

Fifty-three thousand new housing units are needed in Boston between now and the year 2025 to accommodate the increase in population being estimated.  Boston has an estimated 634,000 residents today.  The city is expected to have 700,000 residents in it soon.

A commenter on the Houston Hurricane said you can’t concrete over everything because the water needs a place to go when it builds up.  That’s a lesson to be learned.  All new high rise development is doing that to the surrounding streets, in my opinion.


To quants:  Check out this data from MAPC, the Metropolian Area Planning Council HQ Boston. MAPC estimites more than 400,000 new housing units — mostly multifamily, and mostly in urban areas–will be needed by the year 2040 in Metro Boston.   web site

– @movef Concierge post

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Advance movie screening tickets are free for these shows. 

WHOSE STREETS? movie screening announcement


You are invited 8/9/2017 at 7PM – Thanks for attending these shows!

CLICK TO DOWNLOAD PASS

Synopsis: Told by the activists and leaders who live and breathe this movement for justice, Whose Streets? is an unflinching look at the Ferguson uprising. 

When unarmed teenager Michael Brown is killed by police and left lying in the street for hours, it marks a breaking point for the residents of St. Louis, Missouri. Grief, long-standing racial tensions and renewed anger bring residents together to hold vigil and protest this latest tragedy. Empowered parents, artists, and teachers from around the country come together as freedom fighters.

As the national guard descends on Ferguson with military grade weaponry, these young community members become the torchbearers of a new resistance. Filmmakers Sabaah Folayan and Damon Davis know this story because they have lived the story.

Whose Streets?> is a powerful battle cry from a generation fighting, not for their civil rights, but for the right to live.

Click movie poster to download a free complimentary pass

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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

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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!

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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.

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When your income is within these brackets YOU are pre-qualified for below market price rentals offered by realty.

INCOME CHART establishes  “affordable”  eligibility.

Find your income on this chart and look at the column you are under.
AMI – is area medium income.  If yours is below $68,700 a year you are pre-qualified. Now find properties and look to see if they are priced out at 50%, 60% or whatever.

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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/

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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.

 

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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.