765 East Third

765 East Third Street South Boston, MA 02127

765 East Third Street is a residential development consisting of 25 condominium units. 3 of the units are designated as income-restricted to households earning at or below 80% AMI and 100% AMI.


Bike Storage
Package & Mail Room
Common Seatng Area (with gas fireplace)



765 East Third Street is located near the many dining and shopping destinations in South Boston. It is located 1 mile from the historic Castle Island and 1.2 miles from Boston's Seaport District. 765 East Third Street is located approximately 499 feet from the East Broadway and O Street 5, 7, 9 & 10 bus line, and 1.6 miles from the Red Line MBTA Train Station.


  • Program: Boston and Planning Development Agency (BPDA).
  • Number of Income-Restricted Condos: 3
  • Condo Sizes: Studio, 2-Bedroom, 3-Bedroom
  • Income-Restricted, ADA-Accessible Condos: One, 2-Bedroom unit built out for households with Mobility Impairments
  • Maximum Income Limits: 80%, 80%-100% AMI (Area Median Income)
  • Asset Limit: $100,000

Asset Limit does 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
Cable Mills1-Bedroom$155,00080%10
Cable Mills2-Bedroom$185,00080%10
765 East Third2-Bedroom$252,00080%21 unit built out for Households with Mobility Impairments
765 East Third3-Bedroom$368,50080% (Minimum) - 100% (Maximum)10

BPDA Income Limits for 2022

Household Size70% AMI80% AMI90% AMI100% AMI110% AMI120% AMI150% AMI
1 Person$68,750$78,550$88,350$98,150$107,950$117,800 $147,250
2 Person $78,550$89,750$101,000$112,200 $123,400$134,600$168,250
3 Person$88,350$100,950$113,600$126,200$138,800 $151,450$189,300
4 Person$98,150$112,150$126,200$140,200$154,200$168,250$210,300
5 Person$106,050$121,150$136,300$151,450$166,550$181,750$227,150
6 Person$113,900$130,100$146,400$162,650$178,900$195,200$243,950


The next step is to request an application.

May 30, 2023 – June 14, 2023

June 14, 2023 


Email: 765EastThird@MaloneyProperties.com Phone: (617) 639-3064 Ext 784

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.


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.


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 utilities are included in the condo fee? Water/Sewer. Owners are responsible for all other utilities including cable & internet.

Is the stove electric or gas? Electric.

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

Is parking available? Parking is not included nor available for rent/purchase. There is street permit parking in the neighborhood.

Is storage available? Additional storage is not included nor avaiable to rent/purchase.

What is the pet policy? Pets are allowed with breed restrictions on dogs.

If you have additional questions about this property, please contact us.

Tel: (617) 639-3064 Ext 784 – US Relay 711
Email: 765EastThird@MaloneyProperties.com