South Standard

BPDA INCOME-RESTRICTED RENTAL OPPORTUNITY
SOUTH STANDARD
235 Old Colony Avenue, South Boston, MA 02127

37 INCOME-RESTRICTED RENTAL UNITS
# of Units | # of Bedrooms | Estimated Square Feet | Rent | Maximum Income Limit (% AMI) | # of units built out for Mobility impairments
10 | Studio | 465-523 | $1,330 | 70% | 2
10 | 1-Bedroom | 625-634 | $1,559 | 70% | 2
7 | 2-Bedroom | 935-957 | $1,766 | 70% | 1
1 | 3-Bedroom | 1,312 | $1,828 | 70% | –
2 | Studio | 465 | $1,932 | 100% | –
1 | 1-Bedroom | 632 | $2,261 | 100% | –
1 | 2-Bedroom | 868 | $2,567 | 100% | –
2 | Studio | 465 | $2,350 | 150% | –
2 | 1-Bedroom | 623 | $2,775 | 150% | –
1 | 2-Bedroom | 956 | $3,904 | 150% | 1

Minimum Incomes
(set by owner + based on # of bedrooms + Area Median Income (AMI))
# of Bedrooms | Minimum Income 70% AMI | Minimum Income 100% AMI | Minimum Income 150% AMI
Studio | $39,900 | $57,960 | $70,500
1-Bedroom | $46,770 | $67,830 | $83,250
2-Bedroom | $52,980 | $77,010 | $117,120
3-Bedroom | $54,840 | — | —

Maximum Incomes
(set by BPDA + based on household size + Area Median Income (AMI))
Household Size | Maximum Income 70% AMI | Maximum Income 100% AMI | Maximum Income 150% AMI
1 | $72,730 | $103,900 | $155,850
2 | $83,160 | $118,800 | $178,200
3 | $93,520 | $133,600 | $200,400
4 | $103,880 | $148,400 | $222,600
5 | $112,210 | $160,300 | $240,450
6 | $120,540 | $172,200 | $258,300

***Minimum incomes do not apply to households receiving housing assistance such as Section 8, MRVP, or VASH.

Maximum Asset Limits
80% AMI 100% AMI
$75,000 $100,000
Do not include retirement. Do include Real Estate.

Applications are available for 17 days, from Monday, July 10th, 2023 — Wednesday, July 26th, 2023

To request an application online, visit: www.SouthStandardLottery.com. To have a hard copy of the application mailed to your mailing address, please call (617) 639-3064 Ext 787 or email SouthStandard@MaloneyProperties.com

Applications are also available in-person on the following days, dates, and times in the following place(s)
Day Date Time Location
Thursday July 13th 3 PM – 7 PM South Boston Public Library 646 East Broadway Boston, MA 02127
Saturday July 15th 10 AM – 2 PM South Boston Public Library 646 East Broadway Boston, MA 02127
Thursday July 20th 3 PM – 7 PM South Boston Public Library 646 East Broadway Boston, MA 02127
Saturday July 22nd 10 AM – 2 PM South Boston Public Library 646 East Broadway Boston, MA 02127

Fully completed + signed applications must be submitted online or postmarked no later than Wednesday, July 26th, 2023

MAILED TO:
Maloney Properties, Inc.
27 Mica Lane
ATTN: South Standard Lottery
Wellesley, MA 02481

• Selection by Lottery.
• Asset, Use & Occupancy Restrictions Apply.
• Preference for Boston Residents.
• Preference for Households with at least 1 person per bedroom.
• Preference for Households with Mobility Impairments for accessible units.

For more information, language assistance, or to make a request for reasonable accommodations, please call (617) 639-3064 Ext 787 or email SouthStandard@MaloneyProperties.com.

Equal Housing Opportunity