99 Chestnut Hill Ave
99 Chestnut Hill Ave, Income Restricted Condo Resale, located in the heart of Brighton.
This condominium includes 1 parking space, which is rare to find with an income restricted property in Boston. The floor plan offers 813 Square Feet, bamboo floors, central air, granite countertops, and washer and dryer in the unit. Common space includes a community room and the property is next to an outdoor park.
In unit washer & dryer
Close to public transportation
Located in Brighton, the location is close to Commonwealth Ave, the T, Chestnut Hill Reservoir, St. Elizabeth Hospital, and Brighton Center.
JOIN OUR COMMUNITY / PRICING AND ELIGIBILITY
Number of Bedrooms: 1
Purchase Price: $420,000 (BPDA maximum price is $513,356)
BPDA Minimum Income Limit: 100% AMI
1 Household – $84,600, 2 Household – $96,650, 3 Household – $108,750
BPDA Maximum Income Limit: 120% AMI
1 Household – $101,500, 2 Household – $116,000, 3 Household – $130,500
Maximum Asset Limit: $100,000
Includes retirement and real estate.
There will be no open houses. There will only be private showings. Please complete this form if you would like to schedule a showing:
- Please note: The refrigerator is not included in the sale of this property. The new owners will be responsible for purchase of their own refrigerator.
Current Condo Listings
|Property||# Beds||Price||Income Limit (AMI)||Units Available||Accessible Units|
|The Post||1-Bedroom + Study||$192,438||80%||1||0|
|The Post||2-Bedroom||$312,831||Minimum 80% - Maximum 110%||1||0|
|566 Columbus Ave||1-Bedroom||$213,700||80%||3||0|
|566 Columbus Ave||2-Bedroom||$252,000||80%||3||0|
|566 Columbus Ave||2-Bedroom||$326,000||Minimum 80% - Maximum 100%||5||0|
The next step is to request an application.
FAQ / FREQUENTLY ASKED 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.
Condominium Fee: $302.24 per month
Square Feet: 813 SF
Taxes: 2022 Gross Tax $4,998.27 – Taxes with Residential Exemption applied – $1,699.12 (including Community Preservation fee of $6.05)
What is the pet policy ? 2 pet limit- up to 60lbs
If you have questions about Marko Zaric firstname.lastname@example.org or 617-906-8660