Preserve at Olmsted Green

West Main Street

The Preserve at Olmsted Green - Offering 63 Income Restricted Condominiums

The Preserve at Olmsted Green is a one-of-a-kind 42-acre landscaped community located just 6 miles to downtown Boston, which offers apartments for rent, homeownership opportunity, and a mix of smartly designed flats and townhomes with private backyards and lush landscapes.

Its uniquely designed neighborhoods feature abundant greenspace, landscapes, and lawns, and access to The Arnold Arboretum where nature and tranquility welcome you for a breath of fresh air.  Olmsted Green residents also enjoy access to the community Gateway Center, and the community activity hub which features a fitness center, outdoor patio with barbecues, and resident club room.

Applications are expected to be available Fall 2023.  The first units are planned to be available early 2024.

FEATURES

Wood plank flooring
Granite kitchen countertops and tile backsplash
In-unit washer and dryer
Private patio or balcony

NEIGHBORHOOD

The Preserve at Olmsted Green is the crown jewel residential neighborhood of the Emerald Necklace. Offering several unique living opportunities in a secluded neighborhood, it is a worthy investment for people who want to go home in a serene environment while still having access to the city. It creates the unique blend of being surrounded by acres of green space and access to nearby neighborhood squares, minutes away from Jamaica Plain, Forest Hills, Roslindale, Lower Mills and Dorchester.

The proposed properties will be located on the Olmsted Green West Campus on West Main Street via Morton Street and Harvard Street. Local access is provided by
Blue Hill Avenue, American Legion Highway, Morton Street, and Harvard Street. These roads provide access to much of Boston as well as Interstates 90 and 93. Bus service is located nearby the subject’s location at the corner of Morton Street and Harvard Street.

JOIN OUR COMMUNITY / PRICING AND ELIGIBILITY

There will be a mix of 80% AMI, 100% AMI and 120% AMI units.

Pricing will be made available once applications are made available this Fall.

Preserve at Olmsted Green

Household Size80% 100%120%
1 Person$82,950$103,900 $124,680
2 Person$94,800$118,800 $142,560
3 Person$106,650$133,600 $160,320
4 Person$118,450$148,400 $178,080
5 Person$127,950$160,300 $192,360
6 Person$137,450$172,200 $206,640

 

NEXT STEPS

 

 

Applications are expected to be available Fall 2023.  The first units are planned to be available early 2024.

Register to our email list to get alerts about the Preserve and other income restricted housing opportunities.

 

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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.

If you have questions about this property, please contact us in the form below.