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Thursday, June 7, 2012

24 Affordable Rental Units will Soon be Available at Maxwell’s Green via Lottery to Income-Eligible Households

Courtesy of MaxWellsGreen.Com
Available units will be studios, one-bedroom, two-bedroom, and three-bedroom apartments. Units will be available in phases, the first being late summer 2012 and subsequent units approximately every 2 months thereafter. Units will be available to households with total gross income that does not exceed 50% or 80% of Area Median Income, depending on the size of the household.

An Information Session will be held on
Thursday, June 14th, at 6 p.m.,
in the Somerville High School auditorium,
81 Highland Ave.
Applications will be available at the conclusion of the meeting.

Please RSVP for the information session to Vicki Wairi at or via phone at 617-625-6600 x 2577.

The chart below offers a guide of incomes by household size for households earning up to 50% or 80% of Area Median Income.

                                                           1            2            3               4             5
50% of Area Median Income $34,250 $39,150 $44,050 $48,900 $52,850
80% of Area Median Income $45,500 $52,000 $58,500 $65,000 $70,200
(1-5 represent the number of persons in the household)

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