THE RESIDENCES at 566 COLUMBUS
BPDA Income-Restricted Homeownership Opportunity
THE RESIDENCES at 566 COLUMBUS
566 Columbus Avenue, South End, MA 02118
11 INCOME-RESTRICTED HOMEOWNERSHIP UNITS
# of Units # of Bedrooms Square Footage Price Maximum Income Limit (% AMI)
3 1-Bedroom 774-849 $213,700 80%
3 2-Bedroom 881-1,170 $252,000 80%
5 2-Bedroom 891-1,352 $326,000 80%-100%
***All units are restricted to BPDA-Certified Artists ***
Artists do not need certification at the time of housing lottery application
MAXIMUM INCOME LIMITS
(set by the BPDA + based on Household Size + AMI)
Household size 80% AMI 100% AMI
1 $78,550 $98,150
2 $89,750 $112,200
3 $100,950 $126,200
4 $112,150 $140,200
5 $121,150 $151,450
6 $130,100 $162,650
MAXIMUM ASSET LIMITS
80% AMI 80%–100% AM
$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
For more information, please visit: www.566ColumbusLottery.com or contact us via email at 566Columbus@MaloneyProperties.com or phone at (617) 639-3064 Ext 746.
Applications are available during the application period from January 13th, 2023 through January 30th, 2023.
To request an online application or to have one sent by email, visit www.566ColumbusLottery.com. If you cannot complete the application online, please call us at (617) 639-3064 Ext 746 to request that we mail you one and to ask us for any guidance you might need to complete the application.
DEADLINE: Fully completed + signed applications must be submitted online or postmarked no later than Monday January 30th, 2023.
MAILED TO: Maloney Properties, Inc.
Attn: 566 Columbus Lottery
27 Mica Lane, Wellesley, MA 02481
ZOOM INFORMATIONAL SESSION:
Thursday, January 19th, 2023 @ 7pm
https://maloneyproperties.zoom.us/j/82597670699?pwd=dDVWTWFBdWFpNWdUM1RKTHpvaWV2dz09
Meeting ID: 825 9767 0699 Passcode: 291040
One Tap Mobile
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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
For more information, language assistance, or to make a request for reasonable accommodations, please call (617) 639-3064 Ext 746 or email 566Columbus@MaloneyProperties.com
EQUAL HOUSING OPPORTUNITY
