50 Leo

50 Leo M Birmingham Parkway, Boston, MA, USA

Living at 50 Leo, you’ll be at the heart of Boston’s most exciting and rapidly evolving neighborhood. With nearly $2B invested within walking distance, 50 Leo is squarely immersed in the epicenter of Boston’s next big thing.

FEATURES

State-of-the-art Workshare Lounge and Wifi Work Bar with a phone booth and meeting pods
Fully Outfitted resident lounge directly tied to the amenity deck
Fitness Center
Pet Wash and Outdoor Dog Run
Package Room complete with refrigerated grocery storage
Show-stopping roof deck with outdoor kitchen showcasing breathtaking views of the city and Charles River

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NEIGHBORHOOD

50 Leo is the ideal home for outdoor living. Beyond the stunning decks featured in most units, Murray Field is right outside the back door of 50 Leo; perfect for dog lovers and those who just want to sit in the grass. The Charles River offers a scenic backdrop for walkers, joggers and bikers alike.

The neighborhood nightlife is exploding with options.. The Charles River Speedway puts a beer garden right outside your doorstep. See the bright lights of Boston Landing from your living room; home to the Bruins, The Celtics, The Track at New Balance, and the new RoadRunner music venue. The neighborhood has countless dining and shopping options from local institution The Stockyard, to the sleek new Rail Stop, Boston Landing’s signature dining experience. Next door, Allston Yards will be bringing an additional 130K SQFT of high end retail and 350K SQFT of first rate lab and office space. Or take a short walk across the river to Arsenal Yards; Watertown’s epicenter of retail and laboratory development anchored by high end grocery Roche Brothers and home to Shake Shack, Frank Pepe’s and Majestic Cinema.

JOIN OUR COMMUNITY / PRICING AND ELIGIBILITY

 

  • Program: Boston and Planning Development Agency (BPDA)
  • Number of income-restricted condos: 6
  • Apartment sizes:  Studio, 1 bedroom, 2 bedroom, 3 bedroom
  • Income restricted ADA accessible apartments: None
  • Maximum Income limits: 80% – 100% (Area Median Income)
  • Asset limit: $75,000 and $100,000
    Asset Limits do not include retirement but does include the assessed value of real estate owned by applicants.

Current Condo Listings

Property# BedsPriceIncome Limit (AMI)Units AvailableAccessible Units
101 Condor2$314,00080%-100%11 unit for HH with mobility impairements
30 Penniman2$240,80080%1
The QuinnStudio$164,80080%1
The QuinnStudio$221,700100%1
The Quinn1$202,90080%1
30 Penniman1$202,90080%2
30 Penniman1$269,20080%-100%1
30 Penniman2$314,00080%-100%2
Maverick Shipyard Condos1$202,90080%11 unit for HH with mobility impairement
815 East Fifth Street/816 East Sixth Street Condominium2$240,80080%1
815 East Fifth Street/816 East Sixth Street Condominium2$314,00080%-100%1
Gallery Residences at Arthaus1$202,90080%1No
EboStudio$164,80080%1No
EboStudio$221,700100%1ADA-Mobility
EboStudio$250,200110%1No
Ebo1$202,90080%1No
Ebo1$269,200100%1No
Ebo2$240,80080%1No
Ebo2$314,000100%1No
277 Border1$202,90080%1ADA-Mobility
277 Border1$269,20080%-100%1No
50 LeoStudio$164,80080%1None
50 Leo1$202,90080%1None
50 Leo1$269,20080%-100%1None
50 Leo2$240,80080%1None
50 Leo2$314,00080%-100%1None
50 Leo3$355,60080%-100%1None
425 Lagrange1$202,90080%1unit built out for hh with mobility impairments
425 Lagrange2$240,80080%2No
425 Lagrange2$314,00080%-100%2No
472 West Broadway2$240,80080%1N/A
472 West Broadway2$314,00080%-100%1N/A
Cadence On LeoStudio$164,60080%1N/A
Cadence On Leo1 $202,20080%3N/A
Cadence On Leo1 $269,20080%-100%2N/A
Cadence On Leo2$240,80080%1N/A
Cadence on Leo2$314,00080%-100%3N/A
The Blake1$202,90080%1N/A
The Blake2$240,80080%2N/A
The Blake2$314,00080%-100%3ADA-M (1)
The ParkerStudio$164,80080%6ADA-M/H (2)
The ParkerStudio$221,70080%-100%1N/A
The ParkerMicro 1 Bedroom$182,60080%3N/A
The ParkerMicro 1 Bedroom$269,20080%-100%3N/A
The Parker1$269,20080%-100%3ADA-M (1)
The Parker2$240,80080%2N/A
The Parker2$314,00080%-100%4N/A
Nevins Hill1$202,90080%1N/A
Nevins Hill1$269,200100%1N/A
Nevins Hill2$240,80080%3N/A
Nevins Hill2$314,000100%1N/A
Nevins Hill2$480,500150%1N/A
Nevins Hill3$355,600100%1N/A

BPDA Income Limits for 2021

Household Size70% AMI80% AMI90% AMI100% AMI110% AMI120% AMI150% AMI
1 Person$59,200$67,700$76,100$84,600$93,050$101,500$126,850
2 Person $67,650$77,350$87,000$96,650$106,350$116,000$145,000
3 Person$76,100$87,000$97,850$108,750$119,650$130,500$163,100
4 Person$84,550$96,650$108,700$120,800$132,900$144,950$181,200
5 Person$91,350$104,400$117,400$130,500$143,550$156,550$195,700
6 Person$98,100$112,150$126,100$140,150$154,200$168,150$210,200

NEXT STEPS

The next step is to request an application.

APPLICATION DISTRIBUTION PERIOD:
March 28, 2022 – April 13, 2022

APPLICATION DEADLINE:
April 13, 2022 

 
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 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.

What utilities are included in the condo fee? Water/Sewer

Is the stove electric or gas? Gas

Is the washer/dryer included? Yes

Is parking available? Parking not available.

Is storage available? No

What is the pet policy? Pets allowed.

 

Tel: 617)-639-3064 Ext 705. – US Relay 711
Email: 50Leo@maloneyrealestate.com