The Parker

47-55 Lagrange Street, Boston, MA, USA

The Parker Boston is a chic, new construction condominium tower overlooking the Boston Garden and the Downtown skyline. The building is steps away from the Boston Common and will feature state of the art amenities which include a rooftop terrace, bar, pool table, screening room and a sophisticated stylish lobby, and lush interiors. Units will feature floor to ceiling windows, hardwood floors, professional designed kitchens, in unit washer dryers, brass fixtures and commanding views on the upper floors. This building has 147 units and of the 147 units, 22 are income-restricted units.

FEATURES

Fitness center
Roof deck
Cafe
Lounge
Billiards room
Screening room
24/7 doorman
Valet parking

https://www.maloneyaffordable.com/wp-content/uploads/2022/01/Parker-3.jpg

NEIGHBORHOOD

The Parker is located on LaGrange Street between Tremont Street and Washington Street in the Chinatown neighborhood of Boston. This location offers convenient access to Downtown employers, the Common and Public Garden as well as restaurants, shopping and more. The MBTA and major commuter routes are conveniently accessed from The Parker.

JOIN OUR COMMUNITY / PRICING AND ELIGIBILITY

  • Program: Boston and Planning Development Agency (BPDA)
  • Number of income-restricted condos: 22
  • Condo sizes: Studio, Micro 1 bedroom, 1 bedroom, 2 bedroom
  • Income restricted ADA accessible condos: 3 units built out for mobility/hearing impairment
  • Maximum Income limits: 80% and 80% – 100% (Area Median Income)
  • Asset limit: $75,000 and $100,000
    Asset Limits do 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
Nevins Hill1$213,70080%10
Nevins Hill1$280,700100%10
Nevins Hill2$252,00080%30
Nevins Hill2$326,000100%10
Nevins Hill2$496,400150%10
Nevins Hill3$368,500100%10
69 Cummins Highway2$252,00080%10
Fieldstone Way2$305,50080%10
Townhomes at Charles Park3$290,30080%10
Townhomes at Charles Park3$368,500100%10
Maplewood School Condos1$260,00080%10
Maplewood School Condos2$269,50080%10
1710 Dorchester Ave1$213,70080%10
1710 Dorchester Ave2$326,000100%10
7 Summer Street2 Bedroom$264,69180%30
7 Summer Street1 Bedroom$331,283Minimum 80% - Maximum 110%10
7 Summer Street2 Bedroom$380,187Minimum 80% - Maximum 110%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

NEXT STEPS

The next step is to request an application.

APPLICATION DISTRIBUTION PERIOD:

APPLICATION DEADLINE:
 

 
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.

What utilities are included in the condo fee? None. All utilities are sub metered separately.

Is the stove electric or gas? Electric

Is the washer/dryer included? Yes

Is parking available? No

Is storage available? No

What is the pet policy? Pets allowed. Restrictions listed in condo docs. 2 Pet Maximum per unit.

 

Tel: (617) 531-7123 Ext 708 – US Relay 711
Email: TheParker@maloneyproperties.com