Category: Condo

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Housing lottery briefing on affordable vacant units.

Sonoma in Dor

NO DELAYS

Construction sites are busy raising buildings on a tight timeline. As one housing block is finished,  space is cleared somewhere else to build another one in the city. The large apartment buildings are less likely built in the surrounding suburbs.  A number of large multi-plex developments come online in the suburbs but at a slower pace than they are in the City of Boston.

TURNOVER

And there is a turnover. Thousands of income-restricted apartments will have tenants coming and going – moving laterally, or into units from Wait Lists and other social service placements.  The Massachusetts Affordable Housing Stock is a mix of new and old units. There were 3,733 new housing units built in Boston in 2018 as part of Mayor Walsh’s Housing plan to build 69,000 new housing units by 2030.  But 60,000 people are on affordable housing Wait Lists around the state, and most wage earners are eligible for the units.  

GOOD RENTS

Affordable rent rates are fixed by government policy.  Large households are charged more than singles can pay for the same unit. When you are examining the lottery opportunities, pay particular attention to the AMI Percentage tag.  The AMI number determines the unit rent rate.

Taking a shot

SMS list sample

Review 100s of open unit prices in our lottery SMS messages

Help Desk + SMS 

You can contact us with affordable housing questions and receive all the official housing lottery applications in SMS text messages – the fastest way to compete in the affordable housing lottery.  You’ll learn tactics such as how to get your paperwork digitized by the proper authorities and auto-matched to rental opening that fit your profile so that you don’t have to submit new paperwork every time. 

We supply information and the applications to help you get an affordable housing deal in Massachusetts.  

Massachusetts has 351 cities and towns. Most offer affordable housing options via a matrix of public, quasi-public, Federal, State, Non-profit and Commercial entities.  Opportunities are coming and going every day.

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The 30-day Help Desk + SMS Service is $4.99
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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.

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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.