166 Main Street, Watertown, MA
Affordable Housing Lottery
YOU CAN COMPLETE AND SUBMIT A LOTTERY APPLICATION ONLINE HERE:
https://form.jotform.com/SEBHousing/166MainStreet
Affordable Rent Amounts
65% AMI Units: One Studio at $1,483, One 1BR at $1,663
80% AMI Units: Two 1BRs at $2,103, One 2BR at $2,319
*Rents subject to change in future years. Rents do not include the cost of utilities (gas heating & hot water, electric cooking, electricity, water, and sewer). One free parking space is included. Three units will be assigned full use parking spaces and two units will have access to overnight spaces. A lottery will be held to determine which units are assigned which spaces. That lottery will be conducted along with the lottery for the affordable units.
166 Main Street is a brand-new development located in Watertown. There will be five (5) affordable apartments within the community. Two of the affordable units (one Studio and one 1BR) will be rented to households with incomes at or below 65% of the area median income through this application process. The remaining three units (two 1BRs and one 2BR) will be rented to households with incomes at or below 80% of area median income. The property is conveniently located near shops, restaurants, public spaces, and the Charles River. Located on Route 20, it also offers easy access to the Mass Pike.
Maximum Household Income Limits – 65% AMI Units
$67,535 (1 person), $77,220 (2 people)
Maximum Household Income Limits – 80% AMI Units
$82,950 (1 person), $94,800 (2 people)
$106,650 (3 people), $118,450 (4 people)
Public Info Session: March 19, 2024 at 6:00 pm via Zoom
Go to zoom.com/join or call (646) 558-8656 and enter
Meeting ID: 818 9317 7595. Passcode: 088159
Application Deadline: April 16, 2024 at 2:00 pm
Completed Applications and must be delivered or postmarked by this date. Applications postmarked by the deadline must be received no later than 5 business days from the deadline.
Lottery: April 30, 2024 at 6:00pm via Zoom
Go to zoom.com/join or call (646) 558-8656 and enter
Meeting ID: 857 2736 5609, Passcode: 276410
Attendance is not required at Info or Lottery sessions. To view the recorded sessions at a later date, please search for 166 Main Street on the SEB Housing YouTube channel.
For Lottery Information and Applications, or for reasonable accommodations for persons with disabilities, go to www.sebhousing.com or call (617) 782-6900×3 and leave a message or postal mail SEB Housing, 257 Hillside Ave, Needham MA 02494. For TTY Services dial 711. Free translation available. Traducción gratuita disponible. Tradução livre disponível.
YOU CAN COMPLETE AND SUBMIT A LOTTERY APPLICATION ONLINE HERE:
https://form.jotform.com/SEBHousing/166MainStreet
Equal Housing Opportunity
