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For Rent

RESIDENCES AT ST. JAMES

Affordable Housing

Affordable Apartment Community
Studio, 1 & 2 BRs / Selection By Lottery
~ Brand New 62+ Community ~

Occupancy Late Fall 2025

RESIDENCES AT ST. JAMES
160 Federal Street, Salem, MA 01970

Rents & Income Limits:
Type # of Apts. Gross Rent Income Limit Minimum Income
Studio 5 * 30% *
1BR 3 * 30% *
Studio 6 $1,610 60% $48,300
1BR 16 $1,725 60% $51,750
2BR 2 $2,070 60% $62,100

MAXIMUM INCOME
#HH 30% AMI 60% AMI
1 $34,260 $68,520
2 $39,180 $78,360
3 $44,070 $88,140
4 $48,960 $97,920

∙ All utilities included in rent
∙ 3 mobility & 1 sensory unit available
∙ *Applicants who have a housing voucher or qualify for a 30% unit are not subject to the minimum income requirements

Applications available
3/31/25 – 5/30/25

Scan this qr code & apply by phone or visit LiveStJamesResidences.com or pick-up at NSCDC, 96 Lafayette St. or Peabody Properties, 106 Lafayette St. in Salem, MA

Informational Meeting:
April 10, 2025
Mayor Jean Levesque Community Life Center, 401 Bridge St, Salem, MA at 1:30 PM or join virtually via Zoom by clicking on the link at LiveStJamesResidences.com

Application Deadline:
Submit completed applications online or postmarked no later than May 30, 2025 & mail to St. James c/o Peabody Properties, 536 Granite St., Braintree, MA 02184

Lottery Drawing:
Details to follow at a later date.

Income, asset & use restrictions apply. Rents & income limits based on HUD guidelines and subject to change. For more information, language assistance, or reasonable accommodations for persons with disabilities please call 781.952.8201 or email stjames@peabodyproperties.com

Equal Housing Opportunity

160 Federal Street, Salem, MA 01970