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.
The Beverly is located in Boston’s North End. There are over 200 apartments, The 48 low-income units are available to households earning an annual income between $17,578 – $60,000, with rents starting at $492 per month.
Here’s what the local North End newspaper, “The North End Waterfront” online, Jul 17th version, has to say about The Beverly.
Potential residents must request application by August 30 and submit by September 6
Related Beal today will begin accepting applications for The Beverly, Downtown Boston’s first 100% workforce and affordable housing development in more than a quarter century. Located in the North Station neighborhood, The Beverly is an incredible opportunity for Bostonians at a variety of income levels to live in the heart of the city at an affordable rent.
The Beverly will provide 239 workforce and affordable units, with a mix of studio, one-bedroom, two-bedroom, and much needed family-sized three-bedroom units in a premier transit-oriented lo … copyright The North End Waterfront.
These are excepts of the the apartment rental lease language in rental contracts offered by most Boston luxury apartment buildings for tenants who are going to rent one. The lease for subsidized or the affordable rental units set aside may possibly be different.
[ Residence: Up to 24 months of rental history may be verified on present and previous residence. A positive record ofprompt monthly payment, sufficient notice, and no damages is expected. For applicants who are homeowners, permission must be granted to verify payment history with the bank or lending institution. Credit Report: An unsatisfactory credit report can disqualify an applicant from renting an apartment at this community. An unsatisfactory credit report is one that reflects past or current bad debts, late payments or unpaid bills, liens, judgments or bankruptcies. If an applicant is rejected for poor credit history, the applicant will be given the name, address and telephone number of the credit reporting agency that provided the credit report (but not be told the content of the credit report). An applicant rejected for unsatisfactory credit is encouraged to obtain a copy of the credit report from the credit reporting agency, correct any erroneous information that may be on the report, and resubmit an application to this community. Employment/Income: Stable employment record and income verification shall be required. In order for an applicant to be approved, he/she must generally earn on a gross monthly basis a minimum of two times the gross monthly leased rent. Acceptable income verification if required may include: a paystub; a letter from the employer; the most recent W-2 form; or, for self-employed or non-employed applicants, a copy of the most recent tax return or certified verification from his/her company accountant or from a bank showing a balance sufficient to pay rent for 24 months.
Criminal Background: Grounds for rejection of an applicant or occupant may include, but are not limited to, any felony conviction or arrest record. We also do not lease to applicants with certain misdemeanor arrests and convictions.
Verification is through state public records.
Co-signers / Guarantors In the event a co-signer/guarantor is required, he/she must complete an Application for Occupancy and meet all income
and qualifying standards. A co-signer/guarantor will be fully responsible for the Lease Agreement if the occupying resident(s) default. Subletting Subletting is prohibited at this community …..]
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The Affordable Units Rent for These Prices
at the new Van Ness luxury apartments at Fenway Park