Central On Broadway

Exterior shot from street of Central On Broadway in South Boston
  • Exterior shot from street of Central On Broadway in South Boston
  • Exterior of Central on Broadway in South Boston
  • Side exterior of Central On Broadway in South Boston
  • Model kitchen of Central On Broadway in South Boston
  • Model living room of Central On Broadway in South Boston
HOMEOWNERSHIP LOTTERY

Central On Broadway

480-482 West Broadway South Boston, MA 02127

Central on Broadway, located at the intersection of East and West Broadway, is a collection of 21 new construction condominium units. 2 of the 21 condominium units are designated as income-restricted to households earning at or below 80% AMI and 100% AMI.

FEATURES

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NEIGHBORHOOD

Central On Broadway is located near the many shopping and dining destinations of South Boston, and is in close proximity to public transportation and Interstate 93 and Interstate 90. It is adjacent to the MBTA Bus #10 stop and 0.7 miles from the MBTA Red Line stations are Broadway and Andrew Square.

JOIN OUR COMMUNITY / PRICING AND ELIGIBILITY

WE’RE SORRY, THIS LOTTERY CLOSED ON February 14, 2024

If you applied to this lottery, you will receive status updates at the email address you provided in your application. If you did not provide an email address, status updates will be mailed to you at the address you provided.

Thank you for your interest!

Current Condo Listings
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 estimated to be: $77/month for the 1-Bedroom Unit & $116/month for the 2-Bedroom Unit. These estimates are very preliminary, as we do not know how much utilities and other services will cost or what each unit’s beneficial ownership interest will be at this time.

What utilities/services are included in the condo fee? Water/sewer, master insurance, snow removal, exterior maintenance, elevator, & professional management. Owner is responsible for gas (heating/cooling & cooking), electricity (laundry), & cable/internet (optional).

Is the stove electric or gas? Gas.

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

Is parking available? There are 21 garage parking spaces available to purchase on a first come, first served basis for $100,000. Residential parking on the street is available to people with a Resident Parking Permit from the city. There are also metered spaces on the street(s) surrounding the property.

Is storage available? On-site storage is available to rent for $5,000-$10,000.

What is the pet policy? 2 pets are allowed per unit up to 85 lbs. Aggressive breed restrictions apply.

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

Tel: (617) 639-3064 Ext 709 – US Relay 711
Email: CentralOnBroadway@MaloneyProperties.com