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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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Recent news about affordable housing you can use

Lottery Highlights

Community Development Corporations, city officials and affordable housing advocates actively seek new applicants  for apartment lotteries and waitlists. When there are hundreds of Affordable Rental Units announced, there could be 100 applications returned for each one, or thousands to a development with just 30 or less affordable units.

As you know these new construction projects can be highly sought after for there is demand for qualified tenants in the market rate space as well as in the income restricted and public, subsidized, low-income space. I need not tell you how competitive it can be The LOTTERY evens the playing field when it works the right wa – that is — when there are no backroom or politically influenced deals made.

But as you know, some applications are dead on arrival due to missing information or simply that the person applying is not qualified to apply. Lottery is bidding, Know that 50% of a winning formula is Showing Up; 25% is luck and you need it, so 75% of your lottery placement score is probably going to be determined by the fit of your family to the available unit size and scope of the project; your credit score is a big deal, your landlord history is a big deal, and  your proven ability to pay the rent no matter how high or low it is, is a very big deal.

Here’s a quick summary of recent affordable priced lotteries and home ownership sales.

2 Bedroom house for sale in Roslindale  on market for $246K where market rate could be $280k

APARTMENTS
Brockton – a waiting list opens at Brockton Trinity Village
Dorchester – Now leasing leasing at Upper 1474 Dorchester Ave 02122.
Brookline affordable housing lottery opens APRIL 19th for 45 Marion Street Apartments.  Renting studios and 1 BRs from $785 to 958.
Norwood, MA Rental Lottery. New construcction apartment rentals. Thirteen 1BR $1,134 per month, twenty-two 2BR for $1362/mo, three 3BR for $1,566.00. Sizes range from 826 to 1400 per square feet. Each unit has a washer, a dryer, and there’s
Haymarket Square One Canal Street — 22 apartments available by lottery
HUB25 at 25-35 Morrisseuy Blvd, Dorchester – Thirty-six New BRA Income Restricted
apartments for rent. The maximun annual household income to qualify for one person is $48,250, two persons $55,000, three person $62,000, four persos $68,950, five persons $74,000, six persons $80,000.

 

Here’s a list of housing authorities you ask about vouchers and Section 8  that are just outside Boston.

Cambridge – http://www.cambridgema.gov/CDD/housing/

Newton, MA –  http://www.newtonma.gov/gov//planning/hcd/affhouising/default.asp

Click here to get the [ Building Managers Short List  ] where  rents are capped at 30% AMI. The list has locations,  property manager names and their email addresses and phone numbers.

The Massachusetts Centralized Housing Choice Section 8 Waitlist sign-up
screen is [ here. ]