Several affordable housing opportunities are available in the new Long Glen rental complex, in Boston’s Allston neighborhood. There are 33 units available, in total. Some are for those making up to 30% of the area’s median income and some are for those making up to 60% of the area’s median income. If you’re single, this [...]

Several affordable housing opportunities are available in the new 285 Columbus condo project, at the corners of Clarendon Street and Columbus Ave, in Boston’s South End neighborhood. There are eight units available, in total. Some are for those making up to 80% of the area’s median income, 100% of the area’s median income, and 120% [...]

1330 Boylston is an apartment building currently under construction in Boston’s Fenway neighborhood. There are units set aside as “affordable” meaning renters must meet income qualifications. The limits are pretty high – around $60k for a single person, $68k for a couple. From the Boston Redevelopment Authority: We wanted to make you aware of the [...]

Affordable Housing Funds Hit New England – By Ryan Clark, GlobeSt.com The Federal Home Loan Bank of Boston is committing 10% of its net profits to provide grants and subsidized, below market-rate, loans through American Housing Project. The allotted money was divided between needy areas in the New England, including Massachusetts, New Hampshire, Vermont and [...]

If you read the papers at all, you know that there’s a proposal to levy a new tax on high-end home sales on Nantucket and Martha’s Vineyard. The goal is to raise funds to pay for affordable housing construction. I can’t say whether or not this is a good thing.* What I love though, is [...]

According to the Boston Redevelopment Authority, there are several “affordable housing” units available at the new Avenue 152 condo development, in South Boston. Applications must be picked up in person at the following times: MCM PROPERTIES: 917 East Broadway South Boston, MA July 9 & 10: Time: 9am-5pm July 11: Time: 9am – 7pm July [...]

There are a bunch of “affordable” housing units available at the recently completed NorthPoint project, near Lechmere Station, on the borders of Cambridge, Somerville, and Boston. Information on the City of Cambridge’s affordable housing program may be found on the city’s website. There are a total of 38 affordable units listed for sale, from studios [...]

When a developer in Boston builds a large condo project (over 10 units, I think), it has to agree to set aside a certain percentage of units as “affordable”. This is somewhere in the 13% range. Whether or not this is a good thing is open to debate (to me, at least), but it does [...]

Even in your wildest dreams you couldn’t imagine something like this happening: From the ArchBoston.com forum: Re: NorthPoint Cambridge I recently spoke to someone who works indirectly with this project. He told me that One Earhart has been completed for over 5 months and is still unoccupied. Two Earhart would’ve been completed around the same [...]

As part of any new major residential project in the city of Boston, a developer has to set aside anywhere from 10-13% of the units as “affordable”. These are usually units in the same building, but not with all the upgrades. Standard units. Still, a sweet deal for any buyer. And, the income limits are [...]