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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
1 Full/1 Half
BRA Affordable Income Limits (120% AMI):
||Minimum Income Limit
||Maximum Income Limit
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 @:
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: