Presidential Point

City of Quincy Income-Restricted Rental Opportunity

Presidential Point
33 Newport Avenue
Quincy, MA 02171

10 Income-Restricted Rental Units

# OF UNITS # OF BEDROOMS RENT* MAXIMUM INCOME LIMIT (% AMI) # BUILT OUT FOR MOBILITY IMPAIRMENTS
1 Studio $1,765 80% —
6 1-Bedroom $1,875 80% 2
3 2-Bedroom $2,232 80% —
*Rent includes trash, hot water, & water/sewer. Tenants are responsible for all other utilities, including cable/internet (optional)

MINIMUM INCOMES
(set by owner + based on # of bedrooms + Area Median Income (AMI))
# OF BEDROOMS MINIMUM INCOME (80% AMI)
Studio $52,950
1-Bedroom $56,250
2-Bedroom $66,960

MAXIMUM INCOMES
(set by HUD + based on household size + Area Median Income (AMI))
HOUSEHOLD SIZE MAXIMUM INCOME (80% AMI)
1 $91,200
2 $91,200
3 $91,200
4 $130,250
5 $140,700
6 $151,100

*2024 Area Median Incomes for Boston, Cambridge, Quincy, MA-NH MSA
Minimum incomes do not apply to households receiving housing assistance such as Section 8, MRVP, or VASH

Applications are available during the application period, from Monday, September 23rd, 2024 — Friday, November 22nd, 2024

To request an online application or to have one sent by email, visit www.PresidentialPointAffordables.com, email PresidentialPoint@MaloneyProperties.com, or call (617) 531-7123 Ext 776 | US Relay 711

If you cannot complete the application online, please call us at (617) 531-7123 Ext 776 | US Relay 711, to request that we mail you one and to ask us for any support or guidance you might need to complete the application.

Applications can also be picked up in-person at:
Thomas Crane Public Library, Adams Shore Branch, & Wollaston Branch
During normal business hours

DEADLINE: Applications must be submitted online, faxed, or postmarked no later than Friday, November 22nd, 2024
Mailed to:
Maloney Properties, Inc.
Attn: Presidential Point Lottery
27 Mica Lane, Wellesley, MA 02481.

Information Session:
Attendance at the information session is not required. The session will be recorded and available for at-request viewing
Wednesday, October 23rd, 2024 @ 12pm
https://maloneyproperties.zoom.us/j/85319017612?pwd=XCBOkF7BPmZptpbXPhn0PPkyoNZ2Lo.1
Meeting ID: 853 1901 7612
Passcode: 732377
One tap mobile
+13092053325,,85319017612#,,,,*732377# US
+13126266799,,85319017612#,,,,*732377# US (Chicago)

Lottery Drawing Date:
(Can be subject to change at lottery agent’s discretion due to workload and other deciding factors)
The Zoom presentation will be recorded and available for at-request viewing
Monday, December 2nd, 2024 @ 1pm
https://maloneyproperties.zoom.us/j/84406772796?pwd=kiboA9bc7LyeuGIwnLXnY0aLOnEe2X.1
Meeting ID: 844 0677 2796
Passcode: 721512
One tap mobile
+13017158592,,84406772796#,,,,*721512# US (Washington DC)
+13052241968,,84406772796#,,,,*721512# US

• Selection by Lottery. Use & Occupancy Restrictions Apply.
• Preference for Households with at least 1 person per bedroom.

For more information, free language assistance, or reasonable accommodations for persons with disabilities, please call (617) 531-7123 Ext 776 | US Relay 711 or email PresidentialPoint@MaloneyProperties.com

Equal Housing Opportunity