Residence at 581 Salem Street

Town of Wakefield Income-Restricted Rental Opportunity

Residence at 581 Salem Street
581–583 Salem Street
Wakefield, MA 01880

3 INCOME-RESTRICTED RENTAL UNITS
# OF UNITS # OF BEDROOMS RENT MAXIMUM INCOME LIMIT (% AMI)
1 1-Bedroom $1,905 80%
2 2-Bedroom $2,261 80%

MINIMUM INCOME SUGGESTIONS
(set by owner + based on # of bedrooms + Area Median Income (AMI))
# of Bedrooms Minimum Income 80% AMI
1-Bedroom $57,150
2-Bedroom $67,830

MAXIMUM INCOMES
(set by HUD + based on household size + Area Median Income (AMI))
Household Size Maximum Income 80% AMI
1 $82,950
2 $94,800
3 $106,650
4 $118,450
5 $127,950
6 $137,450

* 2023 Area Median Incomes for Boston, Cambridge, Quincy, MA-NH MSA.
Minimum income suggestions do not apply to households receiving housing assistance such as Section 8, MRVP, or VASH.

Applications are available during the application period, from Friday, July 21st, 2023 — Thursday, September 21st, 2023

To request an online application or to have one sent by email, visit www.SalemStreetLottery.com, email 581Salem@MaloneyProperties.com or call (617) 639-3064 Ext 781.

If you cannot complete the application online, please call us at (617) 639-3064 Ext 781, 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:

Lucius Beebe Memorial Library
345 Main Street Wakefield, MA 01880
Monday – Thursday, 9:00am – 9:00pm
Friday, 9:00am – 6:00pm
Saturday, 9:00am – 5:00pm
Sunday, 1:00pm – 5:00pm

Wakefield Town Hall
1 Lafayette Street Wakefield, MA 01880
Monday – Thursday, 8:00am – 4:30pm
Friday, 8:00am – 12:30pm

DEADLINE: Applications must be submitted online or postmarked no later than Thursday, September 21st, 2023.

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

INFORMATION SESSION:
Wednesday, August 23rd, 2023 @ 12pm
Join Zoom Meeting
https://maloneyproperties.zoom.us/j/81589498000?pwd=QVhYdFZhbTEzUVk4aE1qcnVOSlNxZz09
Meeting ID: 815 8949 8000 Passcode: 954988
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• Selection by Lottery. Use & Occupancy Restrictions Apply.
• Preference for Households that require the number of bedrooms.

For more information, language assistance, or reasonable accommodations for persons with disabilities, please call (617) 639-3064 Ext 781 or email 581Salem@MaloneyProperties.com.

EQUAL HOUSING OPPORTUNITY