Vavel Apartments

CITY OF SALEM INCOME-RESTRICTED
RENTAL OPPORTUNITY

Vavel Apartments
602 Loring Avenue
Salem, MA 01970

2 INCOME-RESTRICTED RENTAL UNITS
# of Units # of Bedrooms Rent* Maximum Income Limit (% AMI)
2 2-Bedroom $2,317 80%

MINIMUM INCOMES
(set by owner + based on # of bedrooms + Area Median Income (AMI))
# of Bedrooms Minimum Income 80% AMI
2-Bedroom $69,510

MAXIMUM INCOMES
(set by HUD + based on household size + Area Median Income (AMI))
Household Size Maximum Income 80% AMI
1 $82,950
2 $94,800
3 $106,650
4 $118,450
5 $127,950
6 $137,950

*Rent does not include utilities. Tenants are responsible for electricity (including cooking) & water/sewer.

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

Applications are available during the application period, from Wednesday, May 24th, 2023 — Monday, July 24th, 2023

To request an online application or to have one sent by email, visit www.VavelLottery.com, email Vavel@MaloneyProperties.com or call (617) 639-3064 Ext 780.

If you cannot complete the application online, please call us at (617) 639-3064 Ext 780, to request that we mail you one and to ask us for any support or guidance you might need to complete the application.

Applications can also be picked up in-person at:

Salem Public Library 370 Essex Street Salem, MA 01970
Monday – Thursday, 9:00am – 9:00pm
Friday & Saturday, 9:00am – 5:00pm
Sunday, 1:00pm – 5:00pm

DEADLINE: Applications must be submitted online or postmarked no later than Sunday July 30th, 2023.

MAILED TO: Maloney Properties, Inc.
Attn: Vavel Lottery
27 Mica Lane, Wellesley, MA 02481

INFORMATION SESSION: Wednesday, June 28th, 2023 @ 6pm
Join Zoom Meeting
https://maloneyproperties.zoom.us/j/85908351420?pwd=Rk1rK0MwM3p4Rno3bFdqRTkyemhiQT09

Meeting ID: 859 0835 1420 Passcode: 717740

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• Selection by Lottery. Use & Occupancy Restrictions apply.
• Preference for Households with 1 person per bedroom.

For more information, language assistance, or reasonable accommodations for persons with disabilities, please call (617) 639-3064 Ext 780 or email Vavel@MaloneyProperties.com.

EQUAL HOUSING OPPORTUNITY