The Parker
BPDA INCOME-RESTRICTED HOME OWNERSHIP OPPORTUNITY
The Parker
(47-55 Lagrange Street), Downtown Boston, MA 02116
22 INCOME-RESTRICTED HOMEOWNERSHIP UNITS
# of Units | # of bedrooms | Estimated Square Footage | Price | Maximum Income Limit (% AMI) | # built out for mobility impairments | # built out for hard of hearing impairments
6 | Studio | 455–579 | $164,800 | 80% | 1 | 1
1 | Studio | 579 | $221,700 | 80%–100% | – | –
3 | Micro 1 Bed | 510–566 | $182,600 | 80% | – | –
3 | Micro 1 Bed | 566–583 | $269,200 | 80%–100% | – | –
3 | 1-Bedroom | 601–653 | $269,200 | 80%–100% | 1 | –
2 | 2-Bedroom | 1040 | $240,800 | 80% | – | –
4 | 2-Bedroom | 1040 | $314,000 | 80%–100% | – | –
MAXIMUM INCOME LIMITS
(set by the BPDA + based on household size + AMI)
Household size 80% AMI 100% AMI
1 $67,700 $84,600
2 $77,350 $96,650
3 $87,000 $108,750
4 $96,650 $120,800
5 $104,400 $130,500
6 $112,150 $140,150
MAXIMUM ASSET LIMITS
80% AMI 100% AMI
$75,000 $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
To learn more about eligibility + the BPDA screening requirements, please visit:
http://www.bostonplans.org/housing/faqs#application-lottery-questions
Applications are available during the application period from May 24, 2022 through June 8, 2022.
To request an application online visit: www.TheParker-Lottery.com.
To have a hard copy of the application mailed to your mailing address, please call (617) 531-7123 Ext 708.
After careful consideration and out of an abundance of caution, the City of Boston has decided to cancel the in-person application distribution period. If you cannot complete the application online, please call us at (617) 531-7123 Ext 708 to request that we mail you one and to ask us for any guidance you might need to complete the application.
Fully completed + signed applications must be submitted online or postmarked no later than Wednesday, June 8, 2022.
MAILED TO: Maloney Properties, Inc.
Attn: The Parker Lottery
27 Mica Lane, Wellesley, MA 02481
For more information, language assistance, or to make a request for reasonable accommodations, please call (617) 531-7123 Ext 708 or email TheParker@maloneyproperties.com
• Selection by lottery. Asset, Use & Resale Restrictions apply.
• Preference for Boston Residents.
• Preference for First Time Homebuyers
• Preference for Households with at least one person per bedroom.
• Minimum 3% down payment required
EQUAL HOUSING OPPORTUNITY
