Raffles
BPDA INCOME-RESTRICTED HOME OWNERSHIP OPPORTUNITY
RAFFLES
40 Trinity Place
Back Bay, MA 02116
7 INCOME-RESTRICTED HOMEOWNERSHIP UNITS
# OF UNITS | # OF BEDROOMS | ESTIMATED SQUARE FOOTAGE | PRICE | MAXIMUM INCOME LIMIT (% AMI)
2 | Studio | 436 – 512 | $175,300 | 80%
1 | 1-Bedroom | 908 | $213,700 | 80%
1 | 2-Bedroom | 1,297 | $252,000 | 80%
1 | Studio | 526 | $232,800 | 80% – 100%
1 | 1-Bedroom | 950 | $280,700 | 80% – 100%
1 | 2-Bedroom | 1,252 | $326,000 | 80% – 100%
MAXIMUM INCOME LIMITS
(set by the BPDA + based on the household size + AMI)
HH SIZE 80% AMI MAXIMUM INCOME 100 % AMI MAXIMUM INCOME
1 $78,550 $98,150
2 $89,750 $112,200
3 $100,950 $126,200
4 $112,150 $140,200
5 $121,150 $151,450
6 $130,100 $162,650
MAXIMUM ASSET LIMITS
80% AMI | 80% – 100% AMI
$100,000 | $100,000
Does not include retirement. Does include Real Estate
To learn more about eligibility + the BPDA screening requirements, please visit:
http://www.bostonplans.org/housing/faqs#application-lottery-questions
Applications are available for 16 days, from February 27, 2023 – March 15, 2023.
To request an online application or to have one sent to you by email visit
www.RafflesResidencesLottery.com or call (617) 639-3064 Ext 768.
After careful consideration and an abundance of caution, the City of Boston continues to discourage
the in-person application distribution period.
If you cannot complete the application online, please call us at (617) 639-3064 Ext 768, to request that
we mail you one and to ask us for any support or guidance you might need to complete the application.
DEADLINE: Applications must be submitted online or postmarked no later than Wednesday,
March 15, 2023.
MAILED TO: Maloney Properties, Inc.
Attn: Raffles Residences Lottery
27 Mica Lane
Wellesley, MA 02481
• Selection by lottery. Asset, Use & Resale Restrictions apply.
• Preference for Boston Residents.
• Preference for Households with at least one person per bedroom.
• Preference for First Time Homebuyers
• Minimum 3% down payment required
For more information, language assistance, or to make a request for reasonable accommodations, please call 617-639-3064 Ext 768 or email RafflesResidences@MaloneyProperties.com
EQUAL HOUSING OPPORTUNITY
