The EL
Situated in Boston’s vibrant South End, The EL offers 33 residences that blend timeless charm with modern sophistication. Named after the Boston Elevated Railway that ran through Washington Street, The EL is more than just a residence — it’s a modern tribute to the city’s rich cultural heritage. 4 of the units are designated as income-restricted, and will be sold to households earning at or below 80% AMI or 100% AMI (Area Median Income).
FEATURES
Elevator
Access-Controlled Package Room
Common Lobby
Indoor Bike + Ski Storage
Common Rooftop Terrace (with grilling stations, fire table, & lounging areas)
Pet Spa
NEIGHBORHOOD
Originally developed in the 1850s. The South End is famous for its beautifully restored Victorian row houses, charming English-style squares, a thriving art scene and an abundance of local restaurants, bars and cafes. Once a quiet enclave for the elite, it’s now a diverse, historic neighborhood that attracts young professionals, families and a dynamic community. Indulge in The South End’s unparalleled culinary scene, with an abundance of local coffee shops, lively bars, world-class restaurants and family-friendly bistros — all just steps from your door. The ideal setting for those seeking a quiet retreat from busy city life — in a community that honors history while embracing the modern.
JOIN OUR COMMUNITY / PRICING AND ELIGIBILITY
- Program: Boston Planning and Development Agency (BPDA)
- Number of Income-Restricted Condominiums: 4 (Two, 80% Studio Units, One, 100% Studio Unit, & One, 100% 1-Bedroom Unit)
- Condominium Sizes: Studio & 1-Bedroom
- Income-Restricted, ADA-Accessible Condominiums: 0
- Maximum Income Limits: 80% AMI & 100% AMI (Area Median Income)
- Asset Limit: $100,000 (80% AMI & 100% AMI)
Asset Limit does not include retirement, but does include the assessed value of real estate owned by applicants.
Income and purchase price limits are determined by the BPDA on an annual basis. To find out more about the current year’s limits, please visit this link.
Current Condo Listings
| Property | # Beds | Price | Income Limit (AMI) | Units Available | Accessible Units |
|---|---|---|---|---|---|
| 10 Woodford Street | 2-Bedroom | $268,840 | 80% | 1 | 0 |
| The EL | Studio | $188,032 | 80% | 2 | 0 |
| The EL | Studio | $248,560 | 80% (Minimum) - 100% (Maximum) | 1 | 0 |
| The EL | 1-Bedroom | $298,896 | 80% (Minimum) - 100% (Maximum) | 1 | 0 |
| 1 Pleasant Street | 1-Bedroom | $241,850 | 80% | 2 | 0 |
| 1 Pleasant Street | 2-Bedroom | $275,850 | 80% | 2 | 0 |
| 68 Church Green Townhomes | 2-Bedroom | $282,000 | 100% | 1 | No |
BPDA Income Limits for 2024
| Household Size | 70% AMI | 80% AMI | 90% AMI | 100% AMI | 110% AMI | 120% AMI | 150% AMI |
|---|---|---|---|---|---|---|---|
| 1 Person | $80,010 | $91,440 | $102,870 | $114,300 | $125,730 | $137,160 | $171,450 |
| 2 Person | $91,420 | $104,480 | $117,540 | $130,600 | $143,600 | $156,720 | $195,900 |
| 3 Person | $102,830 | $117,520 | $132,210 | $146,900 | $161,590 | $168,940 | $220,350 |
| 4 Person | $114,240 | $130,560 | $146,880 | $163,200 | $179,520 | $187,680 | $244,800 |
| 5 Person | $123,410 | $141,040 | $158,670 | $176,300 | $193,930 | $202,750 | $264,450 |
| 6 Person | $132,580 | $151,520 | $170,460 | $189,400 | $208,340 | $217,810 | $284,100 |
NEXT STEPS
APPLICATION DISTRIBUTION PERIOD:
May 7, 2025 – May 22, 2025
APPLICATION DEADLINE:
May 22, 2025
To download a pdf application to be mailed, faxed, or dropped off, please follow this link
For a list of First-Time Homebuyer Best Practices, please follow this link
Join the Tuesday, May 13, 2025, 3PM Information Session HERE
Email: TheEL@MaloneyProperties.com Phone: (617) 639-3064 Ext 799 | US Relay 711
LOTTERY PROCESS
When is the lottery? The lottery date will not be scheduled until after the application deadline. The lottery is scheduled and the lottery date is typically held 4-5 weeks after the application deadline. All applicants will receive notification of the date, time, and location of the lottery, as well as their application number. The lottery will be open to the public.
Do I have to attend the lottery? No. All applicants will be notified of their lottery number after the lottery.
When will I be contacted? We will begin contacting only the top applicants following the lottery drawing.
What is my Application Number and Lottery Number? We will mail a letter to all Applicants entered in the Lottery Drawing providing their unique application Number. We will mail out a second notification letter after the lottery has taken place. The lottery number is assigned by the person who conducts the Lottery Drawing. Per the Fair Housing Commission guidelines, applications will be sorted by bedroom size and income level, then for preferences, followed by the lottery number. An Applicant’s “rank position” is determined by a combination of all the sorting factors.
FAQ / FREQUENTLY ASKED QUESTIONS
Income Questions:
How is my income calculated?
The household income is calculated based on the gross income of the household. Commissions, bonuses and other regular payments are included and considered part of the gross annual income.
I didn’t file taxes last year. What do I need to provide?
Individuals or households who did not file taxes must provide a verification of non-filing from the IRS in lieu of a tax return. To obtain the verification of non-filing, applicants should fill out a 4506-T form and file it by mail or hand-deliver it to an IRS office. The IRS will mail back a letter of verification which must be provided with the income materials given to the marketing agent. See the IRS website to download a 4506-T form.
I received a pay raise between the time I picked up an application and the time I was income certified and now I am over the income limit. What do I do?
Income is calculated at the time the applicant submits an application to the lottery agent, not during the application process or at the time of the lottery. Eligibility must be maintained from the time of the application pick up until after income certification verification. Unfortunately, if an applicant’s income is over the income limit, the applicant will not be eligible for the particular unit for which they applied.
I have children in school/college, how does this affect my application?
Income from children in school/college under the age of 18 is not considered towards the income of the household.
Are student loans considered income?
Student loans are not considered income and may not be used to income qualify.
I am separated from my spouse, does this affect my application?
Legally married couples shall both be considered part of the household, even if separated. Applicants with additional questions regarding this policy must speak with the marketing agent/seller.
I would like to appeal a decision regarding income eligibility. How do I appeal? Applicants who are rejected will receive a rejection letter in writing and will be given 7 days for the opportunity to appeal the decision.
Property Questions:
What are the condo fees? The condo fees are TBD. The fees are subject to final pricing and beneficial ownership.
What utilities/services are included in the condo fee? Extermination, general repairs, janitorial fees, landscaping, locksmith, maintenance supplies, snow removal, elevator fees and maintenance, HVAC maintenance, fire system fees and maintenance, security, BPA contract, sprinkler system, insurance (building, crime, directors, umbrella, & workers’ comp) & water/sewer. Owner is responsible for all other utilities, including electricity (heating/cooling, hot water, laundry, & cooking) & cable/internet (optional). Gas is not a utility at this property.
Is the stove electric or gas? Electric.
Is the washer/dryer included? Yes. In-unit (Electric).
Is parking available? Additional parking is not included nor available to rent/purchase. There is residential street parking on the street(s) surrounding the property with a Resident Parking Permit from the City.
Is storage available? Additional storage is not included nor available to rent/purchase.
What is the pet policy? Pets are allowed. Breed restrictions apply.
If you have additional questions about this property, please contact us using the form or contact information below.
Email: TheEL@MaloneyProperties.com