44 Ellery Street

Exterior Rendering of 44 Ellery in South Boston
  • Exterior Rendering of 44 Ellery in South Boston
  • Bird's eye view of South Boston
  • Boston Skyline View
  • Waterfront view of Boston
  • Google Maps view of 44 Ellery in South Boston
HOMEOWNERSHIP LOTTERY

44 Ellery Street

44 Ellery Street South Boston, MA 02127

44 Ellery Street is a new 16-unit residential building located in South Boston's Andrew Square neighborhood. 3 of the 16 units are designated as income-restricted and will be sold to households making at or below 80% AMI, 100% AMI, or 120% AMI (Area Median Income).

FEATURES

Elevator
On-Site Parking (additional fees apply)
Bike Storage
Common Outdoor Terrace
Common Area Kitchenette

https://www.maloneyaffordable.com/wp-content/uploads/2024/04/44-Ellery-Night-View.jpg

NEIGHBORHOOD

44 Ellery is located about 0.1 miles away from the MBTA Red line stop at Andrew Square and 1.0 miles from the Broadway stop. It is adjacent to several bus lines, including: 5, 10 & 11 The project is located 1.1 miles from Foodies Grocery Store and 1.46miles from Whole Foods at Ink Block. 44 Ellery is located near the many shopping and dining destinations located along East Broadway and West Broadway and 1.9 miles from Boston's Seaport District.

JOIN OUR COMMUNITY / PRICING AND ELIGIBILITY

  • Program: Boston and Planning Development Agency (BPDA)
  • Number of Income-Restricted Condominiums: 3 (One, 80% 2-Bedroom Unit, One, 80%-100% 2-Bedroom Unit, & One, 120% 2-Bedroom Unit)
  • Condominium Size: 2-Bedroom
  • Income-Restricted, ADA-Accessible Condominiums: 0
  • Maximum Income Limits: 80% AMI, 80%-100% AMI, & 120% AMI (Area Median Income)
  • Asset Limit: $100,000 (80%, 80%-100%, & 120% 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# BedsPriceIncome Limit (AMI)Units AvailableAccessible Units
Cable Mills1-Bedroom$155,00080%20
71 Bow Street2-Bedroom$229,41080%20
71 Bow Street1-Bedroom + Study$278,64981% (Minimum) - 110% (Maximum)10
71 Bow Street2-Bedroom$335,83481% (Minimum) - 110% (Maximum)10
68 Church Green2-Bedroom$216,00080%40
68 Church Green2-Bedroom$282,000100%260
44 Ellery Street2-Bedroom$258,50080%10
44 Ellery Street2-Bedroom$334,70080% (Minimum) - 100% (Maximum)10
44 Ellery Street2-Bedroom$404,200100% (Minimum) - 120% (Maximum)10

BPDA Income Limits for 2023

Household Size70% AMI80% AMI90% AMI100% AMI110% AMI120% AMI150% AMI
1 Person$72,730$83,120$93,510$103,900$114,290$124,680$155,850
2 Person $83,160$95,040$106,920$118,800$130,680$142,560$178,200
3 Person$93,520$106,880$120,240$133,600$146,960 $160,320$200,400
4 Person$103,880$118,720$133,560$148,400$163,240$178,080$222,600
5 Person$112,210$128,240$144,270$160,300$176,330$192,360$240,450
6 Person$120,540$137,760$154,980$172,200$189,420$206,640$258,300

NEXT STEPS

The next step is to request an application.

Request Application

APPLICATION DISTRIBUTION PERIOD:
April 29, 2024 – May 15, 2024

APPLICATION DEADLINE:
May 15, 2024 

 

To download a pdf application to be mailed, faxed, or dropped off, please follow this link

Information Session:

Register for the Friday May 10 12pm Information Session Here

For a list of First-Time Homebuyer Best Practices, please follow this link

Email: 44Ellery@MaloneyProperties.com Phone: (617) 639-3064 Ext 736 | US Relay 711

Free language assistance is available for those whose primary language is not English or have limited English proficiency. For more information or reasonable accommodations for persons with disabilities, please contact us.

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 factor.

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? Condo fees are TBD at this time.

What utilities/services are included in the condo fee? Common electric, elevator, snow removal, & exterior maintenance. Owner is responsible for all utilities including gas (heating, laundry, & cooking), electricity (cooling & general electricity), water/sewer & cable/internet (optional).

Is the stove electric or gas? Gas.

Is the washer/dryer included? Yes. In-unit (Gas).

Is parking available? There are 4 parking spaces available to purchase on a first-come, first-serve basis for $100,000 per space. There is also parking on the streets surrounding the property with a Resident Parking Permit.

Is storage available? Additional storage is not included or available to rent/purchase.

What is the pet policy? Pets are allowed.

If you have additional questions about this property, please contact us using the form or contact information below.

Tel: (617) 639-3064 Ext 736 – US Relay 711
Email: 44Ellery@MaloneyProperties.com