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More Affordable rentals in Allston and Fitchburg. Rents from $417 and up. Inc Res.

Dudley Village Madison Park

This post includes apartment lottery in Medford, Charlestown, Franklin Park, Allston, Lowell, Metheun and a home on  sale for $207K

ALLSTON
INCOME RESTRICTED RENTALS ( Inc Res)

40 Malvern Street, Allston, MA 02134
maximum incomes $48,100 (1 person) to  $136,000 for (6 person households)
Rents $1,246.00 Four Units are in play, 2 2BRs,. 1 1BR,  1 1BR (HandicappedPer)
Contact: 617-783-0039 before 12/30/2016 – Section 8 is okay
The Hamilton Company
39 Brighton Ave, Allston, MA 02134


CHARLESTOWN – affordable rental housing notice
2 Bedroom Occupancy and 3 Bedroom Waiting List

Trinity Management   ( 5 units immediate occupancy)
Bridgeview Center, 330 Rutherfored Ave, Charlestown, MA

Qty 27 —  2BRs  / $1,324.00 mo
Qty 13  — 3BRs  / $1,530.00 mo

Maximum income $32,266 for 2BR, $37,173 for 3BR
Offering household sizes from 2-6 and max incomes of $47,100 – $58,280
Contact:  Liz Hernandez Property Manager
(617) 398-6576


Fitchburg YARN WORKS apartment development
42 units of various sizes
Monthly rents from $417 – $1,243 depending on income and household size
heat and hot water included
Apply by December 31, 2016
YARN WORKS
P O Box #2005
1428 Main Street, Fitchburg, MA
(978)-516-4500
email: yarnworks@winnco.com

Four locations to pick up applications including the Fitchburg Public Library at 610 Main Street


Best way to determine if your income and household size qualifies is to call management offices and ask for the Affordable LOTTERY Application. Income limit  charts and any tenant preferences such as Section 8 if you have it, town residency proof, elderly, veterans, eisabled, etc.,  will be disclosed in the lottery application paperwork. 


wait list opens at NEW FRANKLIN PARK APTS
132 Seaver Street, #10
Dorchester, MA 02121
see between 9-5 ( 617) 445-8643


Medford – Affordable and Middle Income Apartment Lottery
RE 150
150 Rivers Edge Drive, Medford MA
RE 150 is a 282 unit rental apartment community
www.s-e-b.com/lottery
(617) 782-6900 x 1 and x2
Get Applications, Deadline January 17, 2017


METHEUN
FOR SALE
New home construction to be sold by lottery
$207,700   / 2,000 sq ft
4-BED, 2.5 Baths, single family
Max Income 1 person $46,000

(978)-258-3492  Deadline January 9th

You can get the application at the Nevins Memorial Library in Metheun
or from Metheun City Hall, 1st Fl, Rm #112

JTE REALTY ASSOC
margaret@jterealtyassociates.com


LOWELL MA
Massachusetts Mills III
150 Mass Mills Drive, Lowell MA
Brand new affordable apartments
For January and Feb move-ins
Studio and Two Bedroom including accessible apartments
Gas heat and hot water is provided
Swimming pool, fitness center, smoke free, cats ok
Studi0 $892/mo  ( income max $38,340 1 person, $43,000  if two person )
2BR – $1,100 – $1,118
Voucher holders are encouraged to apply.

3-4 person inc max $43,800 – 54,730.

978-479-4839

 

 

 

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Boston approved sixteen hundred affordable housing units in 2016 and Trump didn’t.

Boston affordable housing numbers are out and Trump has said nothing.

boston affordable housing numbers 2016

Oh  President-elect Trump, can you fix this?

We heard what you said about drug prices. You want big pharma to cut the rates.  We know you build things like apartments and condos but you haven’t said a public word about the rising apartment rents that are going up.

Standing in front of Trump Hotel DC this past summer bef9re you opened had us thinking how much is it going to cost to stay overnight here?

view our short video visit of Trump Hotel DC

Nevermind, it doesn’t matter.

There are tens of thousands of people on Boston Public Housing Authority subsidized housing wait lists.  And sixteen hundred new affordable units satisfies few.

This beautiful BHA web site ( http://www.lowincomehousing.us/MA/boston.html) helps people find Low Income Housing but it satisfies few.

We know the people want more!

They want more low income affordable apartments.

They want more middle income affordable apartments,  houses, townhouses and condos in the City of Boston.

And they want more million dollar high rise housing like the one in the photo here.

Fenway new apartments
Fenway, Brookline Ave

Fact is everybody Wants More!

So apartment and affordable housing lotteries exists with winner odds better than KENO players have at the Massachusetts lottery or any casino in the state.

Mr. Trump,  you can’t create enough affordable apartments and homes to satisfy the demand, can you?

 

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Dudley Terrace apartments waitlist opens. Rent $1108-$1,536 mo. for 1-3Br

Dudley Terrace Apartments
by United Housing Management

(617) 208-4933

147 Moreland Street, Roxbury

Rents range from $1108-$1,536
Nov 18, 2016– Management is accepting applications for 1, 2 and 3 bedroom waitlists. 

To qualify for waitlists  income limits apply. All applicants are screened for eligibiity.

Annual household income limits are that you cannot make more than:

1 person  in household $41,400

2 persons (HH) $47,280
3 persons  ” $53,220
4 persons  ” $59,100
5 persons  ” $63,840
6 persons  ” $68,580

Posted on

Petite house for sale in Randolph. Saw them bring this fixer upper from the brink.

Update 10/03. The asking price is $345,000, a shocking sum for this one I’d say. It has 3 bedrooms the realtor said.

The  positives: Brand new construction improved the bones of this house on sale in Randolph.


New paint job and landscaping. New doors and wood, new yard stones and trimmed shrubs. Landscaping has been significantly improved.

Address is 180 Highland Ave, Randolph near Town Hall.

Size: from the outside it looks like a two bed, one bath living room with kitchen config.

Has a separate detached two door garage and spacey driveway.

Fit for two kid household.  You could fit more people but it will be a squeeze.

I see an extension protruding beyond its snug recrangukar frame. It looks like a third bedroom or a dedicated home office.

Price I think its worth: $185,000 to no more than $225,000. Larger homes around it sell for $325,000 and up.

What’s bad about it: the busy, Highand Ave is a front door eyesore and the noise must be a bother.

But nevermind. Highland Ave is lined with great looking homes and yards. You have a $2.6 million state  of the art track, soccer field  and football high school stadium 1,000 yards down the road.

When the marching band plays on a Friday night they are louder  than the traffic noise.

What is Zillow telling you about this location? I wobdwr if my price range guess is correct.

Call realtor at 781-659-6650. Ask about 180 Highland in Randolph.

There is an open house from 1-3 tomorrow 10/2.

Posted on

Maximum affordable rental apartment prices set by the BRA.

[ dowloadable apartment lottery leads ]

The Boston Redevelopment Authority set maximum rental prices for affordable apartments in Boston City limits based on a percentage of the area median income of $66,000 a year for one person.

Affordable rental rates will begin at $1,024/mo for studio apartments, $1,194/mo for 1 bedroom, $1,365/mo for 2 bedrooms, and $1,535/mo for 3 bedroom units at BRA designated properties owned by many different developers, property investors and community development corporations.

Posted on

Bank Black movement injects cash into affordable home construction.

Link to the latest  apartment rental leads | Lotteries | affordable condo and home sales

The nation’s black-owned banks have billions of dollars in deposits collectively but its not their money. Its yours put there directly by you or  deposited by non-profits, for-profits and government agencies who have to use a bank to write and clear checks.  Your landlords may already be making monthly mortgage payments to a  black bank because many are apt to buy mortgages from primary lenders.

The OneUnited banks Massachusetts based CEO Terri Williams Cohee told a writer for NEXT CITY a majority of their  lending is multi-family housing property in low- to moderate-income communities that offer affordable rents. ]

We’ve inserted a chart below of all the black banks in the country.

BANK BLACK USA
THE BANKS' SERVICES, IMPACT, & HEALTH ARE RATED ACCORDING TO THESE GRADES
* DLI is lending, DDI is deposit services, SBL is small business loans to minority communities
BANKBLACKUSA.ORG A - Outstanding B - Above Average C - Average D - Below Average F - Failing ** CRA ratings via http://apps.occ.gov/crasearch/default.aspx
@BANKBLACKUSA O - Outstanding S - Satisfactory U - Unsatisfactory *** Health grades for banks' stability via depositaccounts.com
BANKS RANKED BY ASSETSPRODUCTS SERVICES COMMUNITY IMPACT & HEALTH
Bank InformationAccount TypeInt. Rate (APY)Min DepositHow to avoid fees/otherFeesATMsE/Bill PayService/OnlineMobileCostMobile Dep.DLI*DDI*SBL*CRA**Health***Notes
BLACK-OWNED BANKS (>50% OWNERSHIP)
1ONEUNITED | oneunited.com25K NAT.AAC $1.5K/day 85%67%1%SB#BankBlackChallenge
Established 1982E-style savings0.20% $ 100.00 $100 bal. or direct deposit $5/mo $20M #BB deposits reported
6 branches - Boston / LA / MiamiE-gold savings0.4%-0.6% $ 1,000.00 $2,500 bal. or dir. dep. $3/mo
98 EmployeesU2 E-checking (2nd chance)n/a $ 50.00 n/a $12/mo
$648M Assests E-style checkingn/a $ 100.00 $500 bal. or dir. dep. $8/mo
E-gold checking0.40% $ 500.00 $5,000 bal or dir. dep. $20/mo
BEST FOR ONLINE/MOBILE BANKINGUnity Choice Business Savings? $ 1,000.00 $1,000 combined balances $10/mo
Can open accounts onlineUnity Choice Business Checkingn/a $ 100.00 $1,000 combined balances $20/mo Change Q3'16 to Q4'16
Business accounts avail. only in CA, FL, MAUnity Small Business Checkingn/a $ 100.00 n/a n/a 646M Q3, +9M
Visa credit cardvaries secured card only FDIC No 23966
2LIBERTY | libertybank.netLIMITEDBB-TBC ? 56%94%18%OBDetroit Revitalization Loans
Established 1972Personal savings0.65% $ 50.00 $200 bal. $4/mo New Orleans after Katrina
19 branches - New Orelans / Detroit / etc.Capital asset fund0.15% $ 2,500.00 $2,500 bal. $12/mo
178 EmployeesPersonal checkingn/a $ 50.00 $500 bal. $10/mo
$617M Assests Premium checking0.15% $ 50.00 $1,500 bal. $10/mo
Corporate Savingsn/a$50 $200 bal., incl. 2 draw/mo $4/mo
BEST SAVINGS ACCOUNT RATEEnterprise checking? $ 50.00 $1,000 bal. $12/mo Change Q3'16 to Q4'16
Can open accounts onlineCorporate checkingn/a $ 50.00 n/a $12/mo 612M Q3, +13
Visa credit card~10-18% $30/yr FDIC No 20856
3CITIZENS TRUST | ctbconnect.comLIMITEDBB+TBC varies 58%100%19%OA#BankBlack leader w/ Killer Mike
Established 1921Personal savings0.05% $ 100.00 $200 bal. $4/mo CT pays back TARP funds
10 branches - Atlanta / GA / ALMoney market0.15% $ 1,000.00 $2,500 bal. $10/mo
97 EmployeesDirect checkingn/a $ 50.00 dir. dep. required n/a
$407M Assests Flat fee checkingn/a $ 50.00 n/a $10/mo
Regular checkingn/a $ 50.00 $1,000 bal. $0.30/trans.
BEST CREDIT CARD RATESPersonal interest checking0.03% $ 1,000.00 $2,000 bal. $10/mo
Can open accounts onlineCommercial savings0.05% $ 1,000.00 $100 bal. $8/mo
Business free checking (sole prop.)n/a $ 100.00 max $5,000 cash tr./mo n/a Change Q3'16 to Q4'16
Small business checkingn/a $ 100.00 $2,500 bal. $12/mo 406M Q3, -11M
Black-owned member of the Federal ReserveNonprofit checkingn/a $ 100.00 max $5,000 cash tr./mo n/a
Publicly-traded Stock: CZBSVisa credit card~8.25-10% n/a FDIC No 8033
4INDUSTRIAL BANK | industrial-bank.com55K NAT.AAC ? 69%100%18%OC+Your next big moment
Established 1934Statement savings0.10% $ 100.00 $200 bal. $3/mo $6M #BB deposits reported
8 branches - Washington DC / MDKasasa savings0.35%-0.75% $ 25.00 12 debit tr. to get interest n/a
116 EmployeesPersonal checkingn/a $ 25.00 $500 bal. $8/mo
$395M Assests Go green checkingn/a $ 25.00 dir. dep. $5/mo
Kasasa checking0.01%-2.5% $ 25.00 12 debit tr. to get 2.5% interest n/a
BEST KASASA/NOW CHECKING RATESInterest checking 0.05% $ 25.00 $2,000 bal. $10/mo
Can open accounts onlineBusiness savings0.10% $ 100.00 $500 bal. $5/mo
Enterprise checkingn/a $ 25.00 $2,000 bal. $12/mo Change Q3'16 to Q4'16
Non-profit/org checkingn/a $ 25.00 $1,000 bal. $8/mo
Business interest checking? $ 25.00 $2,500 bal. $15/mo 389M Q3, -6M
Publicly-traded Stock: IBWCCredit cardsvariesFDIC No 14679
5M&F BANK | mfbonline.comLIMITEDB-B+TBC ? 94%88%29%OA#BankBlackCharlotte
Established 1908Regular savings0.02% $ 100.00 $200 bal. $6/mo
7 branches - Durham / NCMoney market account0.04 $ 2,500.00 $5,000 bal. $25/mo
64 EmployeesGratis checkingn/a $ 25.00 n/a n/a
$265M Assests Everyday checkingn/a $ 100.00 n/a $10/mo
Interest checking0.05% $ 100.00 $2,000 bal. $12/mo
NC residents can open accounts onlinePrestige checking0.05% $ 100.00 $2,500 bal. $15/mo
Statement savings? ? ? ?
BEST BUSINESS CREDIT CARDSCommercial checkingn/a $ 500.00 n/a $14/mo Change Q3'16 to Q4'16
Nonprofit checkingn/a $ 100.00 $500 bal. $6/mo
Economy commercial checkingn/a $ 250.00 $2,500 bal. $12/mo 310M Q3, -54M
Publicly-traded Stock: MFBPCredit cards~10-15% varies FDIC No 12266
6HARBOR | theharborbank.com55K NAT.BCTBC n/a 52%86%27%SB+Community development in East Baltimore
Established 1982Statement savings0.15% $ 100.00 $100 bal. $3/mo $10M #BB deposits reported
7 branches - Baltimore / MDMoney market account? $ 2,500.00 $2,500 bal. $25/mo
68 EmployeesNo hassle checkingn/a $ 100.00 n/a $1/mo
$253M Assests NOW checking0.05% $ 1,000.00 $1,000 bal. $15/mo
Business statement savings0.15% $ 100.00 $100 bal. $3/mo Change Q3'16 to Q4'16
DMV area residents can open accounts onlineChoice checkingn/a $ 100.00 $3,000 bal. $0.3/trans. 249M Q3, +17M
Commercial checkingn/a $ 100.00 n/a $10/mo FDIC No 24015
71ST INDEPENDENCE | firstindependence.comLIMITEDCB41%100%35%SB+Kiko Davis heads Black-owned bank
Established 1970First Savings? ? ? ? UAW-Ford deposits $1.5 Million at First Independence
3 branches - Detroit / MIFirst Money Market? ? ? ? $1.7M #BB deposits reported
92 EmployeeseCampus Checking? ? ? ?
$228M Assests MMDA savings? ? ? ?
Business Savings? ? ? ? Change Q3'16 to Q4'16
Business Checking? ? ? ? 236M Q3, -1M
Must open business accounts at a branchLoans, Credit Cards, Personal Loans?FDIC No 20179
8CITY NATIONAL | citynatbank.com55K NAT.BAC $1K/ck, $1.5K/day 38%71%31%SC-Offers social CD & urban fund
Established 1973Personal statement savings0.10% $ 25.00 $250 bal. $3/mo
4 branches - Newark / NJ / NYCRewards savings (link w/ checking)0.40% $ 50.00 12 debit tr. or dir. dep. n/a
82 EmployeesRewards checkingn/a $ 50.00 12 debit tr., dir. dep. $9/mo
$220M Assests Consumer checkingn/a $ 25.00 n/a $3/mo
Super NOW checking0.05% $ 50.00 $1,500 bal. $10/mo
Can open accounts onlineBusiness savings0.10% $ 500.00 $500 bal. $3/mo Change Q3'16 to Q4'16
Small business checkingn/a $ 50.00 $500 bal. $25/mo
Must open business accounts at a branchNonprofit checkingn/a $ 50.00 $1500 bal. $10/mo 223M Q3, +17M
Credit cards~10-15% $25/yr FDIC No 21111
9ISF BANK | isfbank.com55K NAT.C+B-TBC ? 100%50%21%SB+African investment partners
Established 1934Statement savings0.15% $ 100.00 $250 bal., $500 bal. to get int. $7/mo $City of Chicago deposits $20M
2 branches - Chicago / ILStatement savings0.20% $ 100.00 $250 bal., $1,000 bal. to get int. $7/mo $4M #BB deposits reported
36 EmployeesHoliday/Vacation savings0.15% $ 50.00 $50 bal. ?
$112M Assests Free checkingn/a $ 100.00 $100 bal. any day n/a Change Q3'16 to Q4'16
Retail checking0%-0.1% $ 100.00 $100 bal. any day $15/mo
Renaissance checking (retirees/SS)? $ 100.00 $100 bal. any day $7/mo 105M Q3, -1M
Can open accounts online / by mailCar Loans6.25%-7.0%FDIC No 29399
10CITIZENS BANK | bankcbn.comREIMB.DN/ATBC ? 60%100%49%SC+Event aims to support black-owned banks
Established 1904Classic Savings? ? ? ? Coolest Black Family in America
3 branches - Nashville / Memphis / TNRegular Checking? ? ? ?
30 EmployeeseCampus Checking? ? ? ?
$107M Assests MMDA savings? ? ? ?
Business Savings? ? ? ? Change Q3'16 to Q4'16
Must open accounts at a branchBusiness Checking? ? ? ? 110M Q3, -8M
Loans, Credit Cards, Personal Loans?FDIC No 10319
11UNITY NATIONAL | unitybanktexas.com55K NAT.B-B+TBC ? 53%50%38%SBMentor at-risk youth, affordable housing
Established 1985Savings? $ 100.00 $100 bal., incl. 1 draw/mo $5/mo 20% increase in assets/deposits during #BB
2 branches - Houston / TXMoney market? $ 1,000.00 $2,500 bal., incl. 3 draw/mo $15/mo
30 EmployeesUnity advantage checkingn/a $ 100.00 $1,500 bal. or dir. dep. $7.50/mo
$102M Assests Golden unity checking (age 55+)n/a $ 100.00 $1,000 bal. $7/mo
Interest checking? $ 100.00 $1,500 bal. $12/mo
Must open accounts at a branch / by mailBusiness savings? $ 100.00 $100 bal., incl. 1 draw/mo $5/mo
Business money market? $ 1,000.00 $2,500 bal., incl. 3 draw/mo $15/mo
Opportunity checkingn/a $ 100.00 n/a $10/mo
Small business checkingn/a $ 100.00 n/a $15/mo Change Q3'16 to Q4'16
Nonprofit/Sole prop. sm. bus. checking? $ 100.00 $2,500 bal. $15/mo 84M Q3, +17M
Credit cards~10.24-15.24%FDIC No 26351
12TRI-STATE BANK | tristatebank.com/LIMITEDCBTBC ? 100%67%34%SBMLK mentioned TSB in his last speech
Established 1946Regular savings0.15% $ 100.00 $250 bal., interest for >$600 $4/mo
3 branches - Memphis / TNSpecial savings0.15%-0.20% $ 500.00 $1,000 bal. $7/mo
44 EmployeesRegular checkingn/a ? ? ?
$94M Assests Check earning NOW0.01% ? ? ? Change Q3'16 to Q4'16
Econo checkingn/a ? ? ? 102M Q3, -9M
Can open accounts online / by mailMoney market0.15% $ 2,500.00 $2,500 bal. $15/mo FDIC No 16511
13UNITED BANK | ubphila.comLIMITEDCN/A100%25%60%ODThe Community Banker
Established 1992Passbook Savings0.05% $ 100.00 $250 bal. $7/mo Fulton Financial Invests in United Bank
3 branches - Philadelphia / PAUnited Blue Savings0.05% $ 500.00 $500 bal. $7/mo
23 EmployeesUnited Blue Checkingn/a $ 50.00 $300 bal. $12/mo
$56M Assests United Blue Interest Checking0.03% $ 50.00 n/a $9/mo
Money Market0.1%-0.25% $ 1,000.00 $1,500 bal. $12/mo
Must open accounts at a branchBusiness Savings0.05% $ 1,000.00 $1,500 bal. $12/mo Change Q3'16 to Q4'16
Small Business Checkingn/a $ 500.00 $2,000 bal. $22/mo
Nonprofit Checkingn/a $ 250.00 n/a n/a
Business Checkingn/a $ 250.00 $500 bal. $17/mo 236M Q3, -1M
Secured credit card17.99% $ 300.00 $35/yr FDIC No 33568
14COMMONWEALTH | ecommonwealthbank.com4K NAT.BBTBC ? 69%100%40%SC+Black-owned bank in Mobile
Established 1976Regular savings? $ 100.00 $100 bal. $3/mo 8.21% of total lending for farm loans
3 branches - Mobile / ALDirect checkingn/a $ 50.00 ? ?
19 EmployeesChoice checkingn/a $ 150.00 ? ?
$53M Assests Money market checking? $ 1,500.00 $1,500 bal. ?
YES checkingn/a $ 50.00 ? ?
NOW checking? $ 1,500.00 ? ?
Must open accounts at a branchBusiness savings? $ 100.00 $100 bal. $3/mo
Free ATM access at RiteAid locationsBusiness money market? $ 1,500.00 $1,500 bal. $12/mo Change Q3'16 to Q4'16
Business checkingn/a $ 100.00 $1,500 bal. $10/mo
Business nonprofit checkingn/a $ 100.00 $500 bal. $5/mo 413M Q3, +14M
Car Loans, Mortgages, Personal Loans?FDIC No 22229
15South Carolina Community Bank | sccommunitybank.net75%100%65%SD
Established 1999Regular Checking ? $ 100.00 $ 200.00 $10/mo
1 branch - Columbia/ SCConvenience Checking? $ 25.00 $ 100.00 $10/mo
16 EmpolyeesSenior Gold Checking ? $ 100.00 $ 100.00 $6/mo
$49M AssetsInterest Checking ? $ 100.00 $ 1,000.00 $15/mo
Second Chance Checking ? $ 25.00 $15/mo
Personal Savings
Regular Savings? $ 100.00 $3/mo
Minor Savings? $ 25.00 $2/item
Holiday Savings ?
Business Checking? $ 50.00 $ 1,000.00 $15/mo
Small Business Checking? $ 100.00 $ 1,000.00 $15/mo
Commercial Checking ? $ 100.00 ?
Commercial Interest Checking ? $ 100.00 $10/mo
Business Savings? $ 100.00 $ 200.00 $3/mo FDIC No 35241
16Carver State Bank | carverstatebank.comN/A100%46%OC-
Established 1927Regular Checkingn/a $ 50.00 $600 bal $3.50/mo
2 branches - Savannah/ GAAdvantage Checkingn/a $ 50.00 ? $8/mo
16 EmpolyeesAdvantage Plus Checkingn/a $ 50.00 ? $10/mo
$40M AssetsSenior Clubn/a $ 50.00 ? ?
Now Accountn/a $ 500.00 $1,000 bal $8/mo
Money Market? $ 2,500.00 $2,500 bal $6/mo
Convenience Savings ? $ 50.00 $300 bal $5/mo
First Savings? $ 50.00 ? $4/mo
Business Checking? $ 100.00 ? $18/mo
Small Checking? $ 100.00 ? $12/mo FDIC No 16584
17Alamerica Bank | alamericabank.comLIMITED?N/AN/A100%39%SC-
Established 2000Regular Checking ? $ 100.00 $500 bal ?
1 branch - Birmingham/ ALEZ Checking ? $ 50.00 $5/mo
8 EmpolyeesPersonal Checking n/a $ 100.00 $1,500 bal ?
$36M AssestsCharter Prestigen/a $ 10,000.00 $50,000 bal ?
Personal Money Marketn/a $ 200.00 $2,500 bal ?
Personal Savingn/a $ 100.00 $300 bal ?
Small Business Checkingn/a $ 100.00 $5,000 bal. ?
Business Checking n/a $ 100.00 $1,500 bal ?
Business Charter Prestige ? $ 10,000.00 $50,000 bal ?
Business Money Marketn/a $ 200.00 $2,500 bal ?
Business Savings? $ 100.00 $300 bal ? FDIC No 35314
18Metro Bank | metrobankky.comN/A100%77%OB
Established 1997Market-rate CD? $ 200.00 ? ?
1 branch- Louisville/ KYSavings CD? $ 100.00 ? ?
8 EmpolyeesEasy Access CD? $ 1,000.00 ? ?
$29M AssetsCommunity CD? $ 200.00 ? ?
Business Loans? ? ?
Commercial Real Estate Loans? ? ?
SBA Loans ? ? ?
Residential Loans? ? ? FDIC No 34308
19Columbia Savings & Loan | columbiasavingsandloans.com N/A100%26%OC-
Established 1924No Info Found
1 branch - Milwaukee / WI
6 Empolyees
$25M AssetsFDIC No 28480
BLACK MDI BANKS (W/ <50% BLACK OWNERSHIP)
1CARVER FEDERAL | carverbank.com55K NAT.B+BTBC varies 48%89%12%OB80% invested in minority communities
Established 1948Savings0.25% $ 50.00 $300 bal., $100 bal & dir. dep. $5/mo
9 branches - New York / NYRelationship savings0.25%-0.50% $ 250.00 $2,000 bal., linked to checking $10/mo
131 EmployeesYouth savings0.15% $ 10.00 n/a n/a
$664M Assests Cash access checkingn/a $ 25.00 $500 bal. or dir. dep. $10/mo
Smart checkingn/a $ 100.00 $750 bal. or dir. dep., 10 tr./mo. $15/mo
NY/NJ residents can open accounts onlineGrowth checking0.15% $ 250.00 $1,500 bal. $25/mo
Money market0.15%-0.50% $ 250.00 $2,500 bal. $9/mo
Business cash access checkingn/a $ 100.00 n/a, incl. 250 tr./mo. $10/mo Change Q3'16 to Q4'16
Business smart checkingn/s $ 100.00 $1,500 bal., incl. 500 tr./mo. $25/mo 703M Q3, -3M
Publicly-traded Stock: CARVBusiness money market0.30%-0.50% ? $2,500 bal. $9/mo FDIC No 30394
2URBAN PARTNERSHIP | upbnk.com50K NAT.ABTBC varies 92%90%18%OC+Urban Partnership closes Pullman branch
Established 2010Partnership savings0.10% $ 50.00 $250 bal. $5/mo $50M Will Bring Investment To South Side
6 branches - Chicago / IL, Detroit / MIMission savings (online only)0.35% $ 50.00 funds used for impact lending n/a Urban Partnership in trouble with regulators
129 EmployeesHoliday Partners Club savings0.80% $ 25.00 .80% interest up to $3,000 bal. n/a Wall Street-owned bank officially a 'minority'
$503M Assests Urban accessn/a $ 100.00 dir. dep., 5 debit tr./mo $5/mo
Partnership/Studentn/a $ 100.00 $500 bal. or dir. dep., student $7.50/mo
Can open accounts onlinePartnership plus0.01%-0.10% $ 100.00 $2,500 bal. $20/mo
Premium money market0.05%-0.40% $ 250.00 $2,500 bal. $15/mo
Urban business? $ 100.00 $1,000 bal. $10/mo Change Q3'16 to Q4'16
Partnership analyzed? $ 100.00 misc. transaction fees $25/mo 574M Q3, -21M
Partnership business savings? $ 50.00 $250 bal. $10/mo FDIC No 59051
3BROADWAY | broadwayfederalbank.com25K NAT.CCTBC ? 87%67%11%OB+Part Asian-owned, publicly-traded
Established 1947Statement savings0.25% $ 50.00 $200 bal. $3/mo
3 branches - Los Angeles / CASavings plus0.40% $ 5,000.00 $5,000 bal. n/a
64 EmployeesVIP money market0.75% $ 5,000.00 $5,000 bal. $12/mo
$433M Assests Free checkingn/a $ 50.00 n/a n/a
Interest checking0.15% $ 2,500.00 $2,500 bal. $12/mo
Must open accounts at a branchBusiness savings0.15% $ 100.00 $5,000 bal. $10/mo
Business money market0.15% $ 100.00 $5,000 bal. $15/mo Change Q3'16 to Q4'16
Small business checkingn/a $ 100.00 $1,000 bal. $12/mo 413M Q3, +14M
Publicly-traded Stock: BYFCCredit cards~10-24%FDIC No 30306
4First State Bank | efirststatebank.comN/A100%39%S?
Established 1919Personal Checking $ 50.00 $ - $ -
1 branch - Danville / VASuper Now Account $ 50.00 $ 1,000.00 $8/mo
EmpolyeesMoney Market Account $ 1,000.00 $ 1,000.00 $8/mo
$29.2M AssetsSavings Account $ 100.00 $ 100.00 $5/mo
Business Checking $ 100.00 $ - $ -
Community Checking $ 100.00 $ - $ -
Business Savings Account $ 100.00 $ 100.00
Business Money Market Account $ 100.00 $ 1,000.00 FDIC No 9502
Created by @bankblackusa | Rev. 9/26/2017
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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 http://theviridian.com/floor-plans/

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

Rent:

$2,737

Bedrooms:

3

Bathrooms:

1 Full/1 Half

Square Feet:

1,251

 

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 @:

 

 

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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.

 

 

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

The Smallwall.net 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

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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 http://www.suffolk.edu/law/hdtp 

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.