The Parkside

Affordable Housing Lottery
The Parkside
184 Water Street, Wakefield, MA

Monthly Rent Amount
One (1) 2 Bedroom Apartment for $2,701
Rent is subject to change in future years. Tenants will pay the cost of utilities (electric cooking, heat, hot water, electricity, water & sewer). One complimentary parking space is included for residents. Pets are permitted, subject to restrictions.

The Parkside is a new rental opportunity in Wakefield. This is a lottery for one (1) affordable apartment. The Parkside is a new, mixed-use development adjacent to Nasella Park. With just seven units, The Parkside offers boutique, luxury living. The building is pet friendly, provides elevator access, and is EV-ready. Every unit is a corner unit with a park view, and the residents will enjoy a home that feels truly personal. The affordable apartment, which is front-facing and located on the second floor, features a primary bedroom with a dedicated full bathroom, an in-unit laundry hook-up, and a gorgeous kitchen. Through the lottery process, this unit will be rented at an affordable price to a household with an income at or below 80% of the area median income. The apartment is expected to be ready for occupancy immediately following the lottery and all required screenings.

Maximum Household Income Limits
$92,650 (1 person), $105,850 (2 people), $119,100 (3 people), $132,300 (4 people)

Public Info Session
June 5, 2025 at 6:00 pm via Zoom
Go to zoom.com/join or call (646) 558-8656 and enter
Meeting ID: 818 9317 7595, Passcode: 088159

Application Deadline
June 30, 2025 at 2:00 pm
Applications may be emailed to info@sebhousing.com, faxed to (617) 782-4500, or mailed to SEB Housing, Re: The Parkside, 257 Hillside Ave, Needham, MA 02494. Applications  postmarked by the deadline must be received within 5 business days.

Lottery
July 14, 2025 at 6:00 pm via Zoom
Go to zoom.com/join or call (646) 558-8656 and enter
Meeting ID: 857 2736 5609, Passcode: 276410

Attendance is not required at Info or Lottery sessions. To view the recorded sessions at a later date, please search for The Parkside on the SEB Housing YouTube channel.

For Lottery Information and Applications, or for reasonable accommodations for persons with disabilities, go to www.sebhousing.com or call (617) 782-6900 x2 and leave a message or postal mail SEB Housing, 257 Hillside Ave, Needham MA 02494. For TTY Services dial 711.

Free translation available. Traducción gratuita disponible. Tradução livre disponível.

Equal Housing Opportunity