Mia Residences
Mia Residences is located in Somerville and consists of 29 units. Discover a refined living experience where sophisticated design, modern comforts, & effortless convenience come together. Each unit features engineered hardwood floors, sleek quartz countertops, & premium stainless steel appliances for a truly upscale living. Mia Residences is designed for contemporary city living at its finest. 5 of the units are designated as income-restricted, and will be sold to those earning at or below 80% AMI, 110% AMI, or 140% AMI (Area Median Income).
FEATURES
Elevator
Bike Storage
Common Lobby
Rooftop Deck
Wellness Center
Solar-Paneled Building
Bus Time-Displaying Screen in Lobby
NEIGHBORHOOD
Somerville is home to a diverse mix of blue-collar families, young professionals, college students, and recent immigrants from a range of countries, including El Salvador, Haiti, and Brazil. With its ethnic diversity, thriving arts and entertainment scene, proximity to Boston, and new mixed-use developments, Somerville has seen its appeal grow in recent years. In 2006, the Boston Globe named Somerville the "best-run city in Massachusetts," thanks to its innovative use of new technology to improve constituent service and government efficiency.
Mia Residences places you at the heart of Somerville, where the energy of the city meets the ease of everyday living. Just a short walk from Union Square, residents enjoy access to an eclectic mix of dining, boutique shopping, & local attractions, all within minutes from home. Outdoor enthusiasts will love Prospect Hill Park. For commuters, getting around is effortless with a bus route to Cambridge nearby!
JOIN OUR COMMUNITY / PRICING AND ELIGIBILITY
- Program: Inclusionary Zoning
- Number of Income-Restricted Condominiums: 5 (One, 80% 1-Bedroom Unit, One, 80% 2-Bedroom Unit, Two, 110% 1-Bedroom Units, & One, 140% 2-Bedroom Unit)
- Condo Sizes: 1-Bedroom & 2-Bedroom
- Income-Restricted ADA Accessible Condos: 1 (One, 80% 1-Bedroom Unit built out for Households with Mobility Impairments)
- Maximum Income Limits: 80% AMI, 110% AMI, & 140% AMI (Area Median Income) – Based on HUD Limits
- Asset Limit: $103,200
Asset Limit does not include retirement, but does include the assessed value of real estate owned by applicants.
Income limits and purchase prices are determined by HUD and the city of Somerville on an annual basis. To find out more about the current year’s limits, please visit this link.
2025 HUD Income Limits (Somerville Homeownership)
(Somerville 50% AMI, 80% AMI, 81%-110% AMI, & 111%-140% AMI)
| Household Size | 50% AMI | 80% AMI | 81% AMI - 110% AMI | 111%-140% AMI |
|---|---|---|---|---|
| 1 | $57,900 | $92,650 | $92,651 - $127,358 | $127,359 - $162,092 |
| 2 | $66,200 | $105,850 | $105,851 - $145,552 | $145,553 - $185,248 |
| 3 | $74,450 | $119,100 | $119,101- $163,746 | $163,747 - $208,404 |
| 4 | $82,700 | $132,300 | $132,301 - $181,940 | $181,941 - $231,560 |
| 5 | $89,350 | $142,900 | $142,901 - $196,495 | $196,496 - $250,085 |
| 6 | $95,950 | $153,500 | $153,501- $211,050 | $211,051 - $268,610 |
Current Condo Listings
| Property | # Beds | Price | Income Limit (AMI) | Units Available | Accessible Units |
|---|---|---|---|---|---|
| The Residence at 28 Geneva | 1-Bedroom | $241,977 | 80% | 1 | 0 |
| The Residence at 28 Geneva | 2-Bedroom | $368,973 | 80% (Minimum) - 100% (Maximum) | 1 | |
| La Victoire | 2-Bedroom | $284,970 | 80% | 1 | 0 |
| La Victoire | 3-Bedroom | $416,707 | 80% (Minimum) - 100% (Maximum) | 1 | 0 |
| 22 Elm | 1-Bedroom | $230,488 | 80% | 6 | 0 |
| 22 Elm | 2-Bedroom | $258,596 | 80% | 13 | 2 Mobility - Open to All Applicants |
| 22 Elm | 3-Bedroom | $286,548 | 80% | 3 | 0 |
| 118 B Street | 1-Bedroom | $241,977 | 80% | 2 | 1 Mobility - Open to All Applicants |
| 118 B Street | 2-Bedroom | $284,970 | 80% | 1 | 0 |
| 118 B Street | 2-Bedroom | $368,973 | 80% (Minimum) - 100% (Maximum) | 2 | 0 |
| 118 B Street | 3-Bedroom | $416,707 | 80% (Minimum) - 100% (Maximum) | 1 | 0 |
| Mia Residences | 1-Bedroom | $210,581 | 80% | 1 | 0 |
| Mia Residences | 2-Bedroom | $254,041 | 80% | 1 | 0 |
| Mia Residences | 1-Bedroom | $309,622 | 81% (Minimum) - 110% (Maximum) | 2 | 1 Mobility - Open to All Applicants |
| Mia Residences | 2-Bedroom | $473,819 | 111% (Minimum) - 140% (Maximum) | 1 | 0 |
| 88 Hudson Street | 1-Bedroom | $227,244.55 | 80% | 1 | 0 |
NEXT STEPS
APPLICATION DISTRIBUTION PERIOD:
November 24, 2025 – December 24, 2025
APPLICATION DEADLINE:
December 24, 2025
Aplicação em português brasileiro
Join the Wednesday, December 10 12pm & Wednesday, December 17, 2025 6pm Info Sessions HERE
Deed Rider for Somerville Homeownership Units is HERE
Email: MiaResidences@MaloneyProperties.com Phone: (617) 531-7123 Ext 744 | US Relay 711
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? Unit 107 (80% One-Bedroom): $96.98/month, Unit 307 (80% 2-Bedroom) $117/month, Units 103 & 108 (110% 1-Bedrooms): $142.60/month, & Unit 204 (140% 2-Bedroom): $218.22/month.
What utilities/services are included in the condo fees? Master insurance, trash removal, snow removal, elevator maintenance & inspection, common area cleaning, repair, & maintenance (lobby, stairwells, carpets, & corridors), irrigation maintenance, solar maintenance, landscaping, common electricity, fire alarm monitoring, sprinkler system maintenance & inspection, intercom maintenance, phone line & internet, accounting services, supplies, legal fees, general maintenance & administrative services, & water/sewer. Owner is responsible for all other utilities, including electricity (heating/cooling, hot water, cooking, & laundry), & cable/internet (optional). Gas is not a utility at this property.
Is the stove electric or gas? Electric.
Are the washer/dryer included? Yes. In-Unit (Electric).
Is parking available? Parking is not included nor available to rent/purchase.
Is storage available? Additional storage is not included nor available to rent/purchase.
What is the pet policy? Pet policy is TBD. Breed restrictions apply. Service animals are permitted for no additional fees with proper documentation.
If you have additional questions about this property, please contact us using the form or contact information below.
Email: MiaResidences@MaloneyProperties.com