Arris

City of Somerville Income-Restricted Rental Opportunity

Arris
20 Inner Belt Road, Somerville, MA 02143
www.ArrisLottery.com

Forty-One (41) Inclusionary Rental Units
# of Units | Unit Size | Square Feet | AMI | Rent* | Units built out for Mobility Impairments | Units built out for Deaf/Hard of Hearing
3 | Studio | 514-697 | 50% | $1,105 | – | –
6 | 1-Bedroom | 690-767 | 50% | $1,139 | 1 | –
6 | 2 Bedroom | 997-1,124 | 50% | $1,286 | – | –
1 | 3-Bedroom | 1,358-1,382 | 50% | $1,432 | 1 | –
2 | Studio | 688 | 51%-80% | $1,448 | – | –
8 | 1-Bedroom | 690-784 | 51%-80% | $1,508 | – | –
5 | 2-Bedroom | 1,018-1,272 | 51%-80% | $1,732 | 1 | –
2 | Studio | 655-787 | 81%-110% | $1,836 – $2,962 | – | 1
5 | 1-Bedroom | 720-784 | 81%-110% | $1,782 – $2,908 | – | –
3 | 2-Bedroom | 1290 | 81%-110% | $1,947– $3,565 | – | –
*All utilities paid by the tenant.

Rents for 110% AMI units are based on household income. Included in chart below are the lowest/highest possible rents based on 1-2 people in a Studio unit, 1-2 people in a 1-Bedroom unit and 2-4 people in a 2-Bedroom unit.

Minimum Income Limits for 50% AMI units
Unit Size 80% AMI Minimum Household Income
Studio 50% $29,448.00
1-Bedroom 50% $31,560.00
2 Bedroom 50% $37,848.00
3-Bedroom 50% $43,752.00

Maximum Income Limits
(set by the HUD + based on Household Size + AMI)
Household Size 50% AMI 51%-80% AMI 81%-110% AMI
1 $49,100 $49,101 – $78,300  $78,301-$107,954
2 $56,100 $56,101 – $89,500 $89,501-$123,376
3 $63,100 $63,101- $100,700 $100,701-$138,798
4 $70,100 $70,101-$111,850 $111,851-$154,220
5 $75,750 $75,751 – $120,800 $120,801-$166,557
6 $81,350 $81,351 – $129,750 $129,751-$178,895
* 2022 Area Median Incomes for the Boston, Cambridge, Quincy, MA-NH MSA.
Asset Limit: $75,000 (excluding restricted assets)

Applications are available during the application period.
Monday, May 22nd, 2023 – Thursday, June 22nd, 2023.

To complete an online application, visit: www.ArrisLottery.com.
To have a hard copy of the application mailed to you, please email Arris@MaloneyProperties.com or call (617) 639-3064 Ext 743

Hard applications will be available at the entrance of the City Hall Annex located at
50 Evergreen Ave in Somerville, Somerville City Hall located at 93 Highland Ave.,
Somerville and all Somerville Public Library branches.

Fully completed + signed applications must be submitted online or postmarked no later than Thursday, June 22nd, 2023

MAILED TO:
Maloney Properties, Inc., Attn: Arris Lottery, 27 Mica Lane, Wellesley, MA 02481

INFORMATION SESSIONS:
Wednesday, May 24th, 2023 at 6:00PM
Wednesday, June 7th, 2023 at 12:00PM

Join Zoom Meeting
https://maloneyproperties.zoom.us/j/88306440702?pwd=QURURC9LdnNVbHZGb1Z5Z0JLM0lzQT09
Meeting ID: 883 0644 0702 Passcode: 271708

One tap mobile
+13017158592,,88306440702#,,,,*271708# US (Washington DC)
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Lottery Drawing Date is expected to be held within 1–2 weeks following the application deadline. Below is the Zoom Information for the Lottery Drawing:
https://maloneyproperties.zoom.us/j/84178065718?pwd=Mi9kek1oNzVXam9ETHU1cWJPWWFPZz09
Meeting ID: 841 7806 5718 Passcode: 262795

• Selection by Lottery. Asset, Use & Occupancy Restrictions apply.
• Preference for Households with Mobility Impairments and/or are Deaf/Hard of Hearing for accessible units.

For more information, language assistance, or to make a request for reasonable accommodations, please call (617) 639-3064 Ext 743 | US Relay 711 or email Arris@MaloneyProperties.com

EQUAL HOUSING OPPORTUNITY