Posted on

Latest moderate income lux apartments open in the Fenway.

Click for more affordable apartment, condo and homes leads to apply to.


FENWAY on the high-end but below market rate.

BRA Moderate Income-Restricted Rental Opportunity

The Viridian- 1282 Boylston Street, Boston, MA 02215

Applications will be distributed on Thursday August 18, 2016 at 1pm.

web site

This is NOT a lottery. Applications will be processed on a First Come First Serve basis

One 3 Bedroom Affordable Rental Available (120% AMI)

$2,737 Per Month – Available Early December 2016






1 Full/1 Half

Square Feet:



BRA Affordable Income Limits (120% AMI):

Household Size Minimum Income Limit Maximum Income Limit
1 $68,700 $82,450
2 $78,500 $94,200
3 $88,300 $105,950
4 $98,100 $117,750
5 $105,950 $127,150
6 $113,800 $136,600

Minimum Income Limits Apply

Minimum income requirements do not apply to applicants with Section 8 vouchers.

Maximum Assets: $100,000
Does not include retirement accounts, does include real estate. if all of the household members are over the age of 65 years, household can have combined assets, including all retirement funds of $250,000

Amenities include: TWO Roof Decks, fitness center, concierge

For questions, please contact John Costello @:



Posted on

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

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.



Posted on

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

The 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

Posted on

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 

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.


Posted on

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

Posted on

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


Posted on

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.

Posted on

$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: for open house dated and other leads like this. Will connect you with sellers/sellers rep.

Posted on

The annual salary of the working poor.

Working poor individuals and families are the focus  of many government programs. The Wikipedia defines the working poor as [ working people whose incomes fall below a given poverty line. Depending on how one defines “working” and “poverty,” someone may or may not be counted as part of the working poor. While poverty is often associated with joblessness, a significant proportion of the poor are actually employed. ]

In Boston Massachusetts, the working poor family has 5 household members and an income of $28,800. For comparison, the American Community Survey reports that an average Boston family has a median household size of 2.47 and income of $52,433. In the US the median household size is 2.6 and the US median household income is $51,425.

Income-restricted, rent reduced, subsidized rental apartment rates are intended for the working poor and the entry level middle class family. Each development has different income criteria. For example, the Oxford Ping On development in Chinatown accepted families with annual household income of $20,000.

But most properties advertised as “Affordable Apartment Rentals” or Workforce Rentals expect the income for a household of one to be at least $34,000 to support rents of $1,050 mo.


Posted on

Apartment Lotteries announced April 2016 in Boston and Ma is listed here. 

They are building new things in Boston. Everyday, construction related news announcement hits the press.
Today, all new apartment lottery ( and affordable home purchase) opportunities were made available.

Click to DownLoad  the latest income restricted property list bundle and see where great opportunities exists around Boston and Massachusetts

People are eligible when their annual incomes are between $20,000 and $65,000 ( but higher or lower amts may qualify at some locations.