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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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Winners are emerging in Boston’s hot affordable housing lottery scene and luck is a cool operator.

Winners are emerging in affordable housing lottery.

Draw a Black line around the Jackson Square Jamaica Plain area to a part of the South End, and from there into Uphams Corner and you would have encircled more than 100 reduced rent new apartments being offered to people seeking affordable housing income restricted rents  in Boston recently.

The demand for a shaved rent or mortgage deal is constant. It took a while for the City of Boston to kick into fairly high gear getting the word out about them. They probably have over 100,000 people on an email list getting the clicks when there is something to announce. We told you about their web site, right?

Now HousingWorks.net – does a good job getting subsidized offers out to people.  HW covers the entire Commonwealth of Massachusetts. Housingworks doesn’t work direct with renters. No, they train advocates who in turn have access to an automated system that if you personally use it through an advocate, you can place one HousingWorks application into the System and have it automatically add your name to wait list at subsidized locations across the state.  Imagine that. One click and you go Poof! onto the waiting list of 10 units without licking a stamp.

These application opportunities require luck and patience for most. Of course, there are lottery offer situations where your special condition, age, or circumstance gets your number bumped up higher on the list than another persons.  PREFERENCES are at work here.

It is all about the numbers.

Talked to a guy the day the Tall Ships were in town. He works at a Capital One coffee shop. He entered a lottery in Chelsea for one of a limited number of condos in a particular building.  He won! There were 83 applicants in that resale contest.  I think he told me 11 were winners.

See there you have it. Anyone can be a winner.

And who among us wouldn’t clap for a barista to win.

See who won this Mass Lottery,

 

 

 

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Boston City Hall puts more affordable apartment and home deals out where people can find them.

Boston affordable apt listings are getting longer at City Hall web site.

Go to This City Hall web site section  and see them.

Act Fast, Deadlines matter.

The list has  “affordable housing,” price for middle class earners and it has apartments that rent at family affordable prices.

But there’s not enough of either to go around so there are lotteries and wait lists to compete in.

You will have to wade through the fine details to pre-determine your eligibility.

And unless you are making more money than you can spend every week, chances are you are qualified for the deals.

Click Here for the Boston List

cheap apartment listings

Applicants may be asked for utility bills in your name. Your spouse’s income must counted if married.

This post is about Boston only. We cover all of Massachusetts.

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Here are the maximum rent prices charged for income-restricted housing

The chart shows maximum allowable  rents and purchase prices  for affordable property. If your current housing cost is 30 to 35% of your monthly income you have affordable housing already.

The AMI or area median income is $68,000 per person per year. When income is less than 100% AMI see the reduction in prices to pay. Section 8 and other subsidies reduces the income requirement further.

On mobile screens click and slide the chart to make it larger.

BOSTON maximum rents charged to income-restricted real estate

You need an application to enter a housing lottery. Sign-up for our lottery update by email service.

DOWNLOAD this lottery application from a closed Jamaica Plain apartment lottery to see lottery forms.
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Artists pay less rent in the City of Boston with the certification approval.

The $163,000 One Thousand Square Foot CONDO here is in Hyde Park. Its available for certified artists.

Smallwall.net  has posted the application for artists who wish to qualify for extremely low rent, high quality studio space and lofts that are under the price regulation of the Boston Development and Planning Authority aka BRA.

Get the form here:  Artist Certification Form .


Affordable BPDA Artist Loft

1 Westinghouse #331, Hyde Park

View all Details, Pictures, and Floor Plan:

www.1Westinghouse.com

 

contact Jonathan Diffenbach: 617-209-5212 or jdiffenbach@maloneyproperties.com.

Jonathan Diffenbach
REALTOR® | BRA & DND Affordable Condo Specialist

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Boston Minority Business Sales exceeded $500 million among MBEs supplying the state.

Most private companies won’t air their financial laundry in public.
But the Government will and they have.

The diversity supplier marketplace exists for two reasons. 1) government regulations. 2) the marketplace demands diversity.

The Massachusetts state Supplier Diversity Office recorded  $991,590,145 in total Commonwealth spending attributed to its Supplier Diversity Office targeted minority business sector in FY2014 ( certified as MBEs, WBEs and SBPP goods, services and construction.)

Minority MBEs ( minority business enterprises ) sold $247,150,817 to the state. An amount of $574,818,148 was sold by Women Business Enterprise (WBE) to the state.  Another $16,263,222 went to MBE’s in direct construction related contracts from state buyers and $12,411,914 went to WBEs or white women owned companies in direct construction related contracts from state buyers.

See the Annual Report from the source.

Boston Mayor Walsh has hired a Diversity Chief to oversee where his tight $2.2B a year is going.

Firms owned by white women who apply for the state WBE SDO designation are being classified as certified WBE minority enterprises when approved. Other minorities are given MBE or M/WBE status.

The  Massachusetts Gaming Commission licensed vendor designation is a new group classifications for a business because the state has never had licensed casinos before. In the beginning, this new industry segment is pumping a collective $250 million per year into minority-owned firms.

You won’t be able to do much business with a casino in Massachusetts unless you get a license as a vendor from the gaming commissioners.

The Boston MBDA  Minority Business Development Agency has helped position minority companies with large federal source awards.

Early Morning Software has a DBE activity monitoring software product it sells to corporate and government procurement departments. $36 Billion annually is the US market size for diversity spend by these corporations that have to track it.

When the local MBTA agency buys product from a vendor, anything over $25,000 is bidded out but when its less, they choose to buy from vendors in the system. Companies should be certified DBE ( over $1 mil a year in sales ) to get the big bucks from the T.

The KEOLIS transportation company runs locomotives over Massachusetts commuter rail lines. Its Manager of Purchasing and Materials in concert with the KEOLIS  Director of DBE,EEO and Diversity intends to award 17% of its annual direct spend to the best minority DBE,WBE,MBE and SDVOB certified suppliers it can source if the incumbent purchasing managers release their grip on controls they hold close due to the hostile takeover by KEOLIS.

The Diversity SmartTrack online Massachusetts web site tracks 14,000 purchase orders flowing to and from buyers to minority vendors.

The City of Boston’s Economic Chief John Barros is working on splitting up a $1.8 billion capital budget for contract procurement into smaller sizes in the $100K range so that smaller companies have a better chance on winning some awards. The city’s total budget is over $20 billion dollars.

The Massachusetts Gaming Commission publicizes these diversity spend numbers:

Penn National Gaming is opening a slots casino  in Massachusetts and MGM is opening a casino in Springfield Massachusetts.  MGM set a goal of  $50 million per year budgeted for minority businesses. Penn will be spending millions on minority businesses too.

WYNN is opening a casino near Boston Massachusetts.  A DBE goal of 15% and up to $120 million per year  has been set by Wynn for doing business with minorities.

The money casinos bring to the table are in addition to the ambitious goals for minority business inclusion regional institutions such as the Boston Red Sox, Harvard University, Blue Cross Blue Shield, Raytheon, Bank of America and others have been working with for quite some time.

The Boston Minority Business Market size is sharply up over years past. It probably has surpassed minority spending levels the Big Dig Tunnel era claimed.

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Happy Chinese New Year from AboutBlackBoston.com

Entrance to Boston Chinatown

Happy New Year!

Chinatown/South End Collaborative launched an effort last year to increase local and minority hiring at new retail stores in the neighborhood. Led by the Chinese Progressive Association, the effort included the Boston Chinatown Neighborhood Center, Castle Square Tenants Organization, Inquilinos Boricuas en Acción, Massachusetts Worker Education Roundtable and BEST Corp. In total, 108 new hires were made with 64% living in the City of Boston with 19% living in the Chinatown and South End area.  The new hires are also particularly diverse with 75% of them being people of color. Asian Americans are 26% of new hires.

This publisher owned a media marketing company named Big Dug Media Marketing with Xiaoqing Cao. Eventually, BigDug.co.uk bought our bigdug.com web site domain name for a price we couldn’t refuse,  but for three years, we worked on a number of public awareness projects and one of those was related to the development of The Big Dig I-90 and I-93 Depressed Central Artery Tunnel System near Boston Chinatown. Here’s a video story from 2007..

AboutBlackBoston.com
Online Guide to Black Boston Massachusetts ( advertisement )

AboutBlackBoston.com
acts as a resource to Greater Boston Massachusetts and people of color who are American citizens or foreign visitor and are African, Asian, Black, Brazilian, Hispanic, Latino or American Negroes. You have come to the right place for information and community sharing.

AboutBlackBoston.com 面向正在马萨诸塞州波士顿地区具有非洲,亚洲,巴西,南美洲,中美洲,或黑人血统的美国公民及外籍游客提供资源和资讯。欢迎来到您最佳的信息和社区分享平台。

We are connected to established social organizations providing a variety of services to your groups such as career opportunities, apartment rental legal advice and housing leads, arts and entertainment access to free tickets and interesting event, referrals to people in these communities who can make a difference for you such as get you a job, or access to an opportunity you feel locked out of, or financing to buy a home and valuable things like this.

我们整合成立了社会组织来为您和您的团体提供不同的服务。这些服务包括提供就业机会、公寓出租和房屋购买的法律指导、文艺娱乐免费门票、为您推荐当地社会关系帮你打开寻找工作的渠道,帮助你获取你认为得不到的机会,以及帮助你理财买房和其他有价值的东西。

Our web site users are: 54% female, 37% male.

我们的网站用户包括54%的女性和37%男性。

Our web site reader ages are:

14% percent are 18-24

39% percent are 25-34

15% are 45-54 years old

31% are over 54 years old or are younger then 18 years of age.

我们网站的读者年龄段为:

14%在18到24岁之前

39%在25到34岁之间

15%在45-54岁之间

31%年长于54岁或者年少于18岁

Services available

Advertising placements on our ethnic media network

  • Corporate communications distribution
  • Concierge guide to tourists and visitors
  • Reviews and editorial
  • Recruiting medical research volunteers
  • Product & service advertising small businesses
  • List of apartment rentals and housing lotteries
  • List of professional and trade skilled minority businesses
  • @blackboston Twitter Channel use

我们提供免费和收费的服务:

  • 广告(我们拥有多个网上传播媒介,并与其他网络渠道融资)
  • 通讯交流 – 补充其他公关公司的客户群和主要集团公关传媒
  • 服务台 – 为当地居民和游客提供咨询服务
  • 针对不同消费者种族的商业渠道 – 覆盖十七万五千人的一站式打印和电子邮件发送
  • 活动服务 – 促销,编辑,现场声频或视频记录,及社会传媒报道
  • 娱乐和游戏– 帮助放松精神并且锻炼身体
  • 帮助筹款或者招募志愿者
  • 谷歌分析测量计划– 我们从大数据库里为您建立客户图表
  • 为个人、商业、教育者和研究者提供产品和服务的广告
  • 房地产出租广告和推介
  • 赞助商的出席包装
  • 战略运用 @blackboston 推特频道