Island Parkside Apartments

PHASE I
Island Parkside Apartments is a brand new, state of the art, community opening its doors in April 2023. It will offer residents spacious 1-, 2- and 3-bedroom apartments and a community equipped with onsite laundry facilities, community room, off-street parking and much more. The project is designed to attract moderate to low-income families. All applicants must income qualify per their household size at move-in. The income limit chart below illustrates the current maximum income limits per household size based on the unit set aside.

Income Limits per Household Size
Total Units Available per Bedroom Size Number of 30% Units Number of 50% Units Number of 60% Units
1 Bedroom – 7 4 1 2
2 Bedroom – 15 5 2 8
3 Bedroom – 18 7 2 9
Household Size
30% AGMI 1 2 3 4 5 6
Maximum Income 24,200 27,650 31,100 34,550 37,350 40,100
50% AGMI 1 2 3 4 5 6
Maximum Income 40,300 46,050 51,800 57,550 62,200 66,800
60% AGMI 1 2 3 4 5 6
Maximum Income 48,360 55,260 62,160 69,060 74,640 80,160
Rents for 50% AGMI Units Rents for 60% AGMI Units
1 Bedroom $1,079.00 $1,295.00
2 Bedroom $1,295.00 $1,554.00
3 Bedroom $1,496.00 $1,796.00

* Rents for 30% AGMI units based on household income; Utility allowance not included in rent.
Open House: During the open house on Saturday, Oct. 1, 2022 management will explain the project, income restrictions, and lottery process.

Applications Process: Management will accept applications for the lottery from Tuesday, Nov. 1, 2022 through Sunday, Jan. 15, 2023. Applications will be available beginning Saturday, Oct. 1, 2022, and can be picked up in person at 50 Island Street. If requested, the application can be emailed, faxed, or sent by US Mail to applicant.
Lottery Process: Applications received or postmarked by Sunday, Jan. 15, 2023 will be included in Lottery. All applicants will be screened for eligibility & suitability for housing. Families must meet the 30% or 60% AGMI income limits to be eligible for the Lottery. The Lottery will occur Monday, Feb. 13, 2023 at 50 Island Street, Lawrence, MA 01840. Use & Occupancy restrictions apply.

OPEN HOUSE will be held at 10 a.m. SATURDAY OCT. 1, 2022 at 50 Island St., Suite 201, Lawrence, MA 01840

APPLICATIONS FOR HOUSING LOTTERY Accepted TUESDAY, NOV. 1, 2022 Through SUNDAY, JAN. 15, 2023 At 50 Island St., Lawrence, MA 01840

LEASING INFO
FIRST REALTY MGT. 50 Island Street Suite 201 Lawrence, MA 01840 For more info or reasonable accommodations, call P: 978-683-3089 F: 978-683-3122 TTY 711
islandparkside@firstrealtymgt.com
Monday thru Friday 9:00am – 5:00pm or by appointment

Equal Housing Opportunity