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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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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