450 Cambridge St.
450 Cambridge St. are BPDA Income Restricted luxury apartment located in Boston's Allston neighborhood. The 4 story apartment building is located steps to Allston's Union Square, MBTA Green Line stops and the new Boston Landing Commuter Rail Station.
Views of the Charles River
Best known for its rising student population due to its proximity to Harvard Business School, Allston’s diverse city and focus on academics make it a great town to live in. The city includes a ton of trendy bars, multicultural restaurants, and cool music venues. On Brighton Avenue, you’ll discover Brighton Music Hall which is down the road from the Paradise Rock Club.
When you rent an apartment here, you’ll have access to many MBTA rail stations to get you from point A to point B. Students enjoy a bike ride after class at Christian Herter Park, which has breathtaking views of the Charles River. Before class or work, grab a bite to eat at the Breakfast Club in an old-fashioned diner setting.
FIRST COME, FIRST SERVED / PROCESS
Please note, this is not a lottery. Applications for 450 Cambridge St. are processed on a first come, first served basis, as apartments become available.
If there is no current availability, applications are added to the waiting list and initially reviewed upon receipt to ensure completion and proper documentation only. Applications will then be reviewed for eligibility when they are reached on the waiting list.
Applicants will be emailed upon receipt of their application and upon each application review. Please check your email regularly.
JOIN OUR COMMUNITY / AVAILABILITY & ELIGIBILITY
450 Cambridge St. is a mixed-income community offering BPDA affordable apartment rentals. Eligibility and income restrictions apply. Find current availability and income limits in the table below.
Minimum income limits apply unless the household receives mobile housing assistance (including, but not limited to: VASH, Section 8 and MRVP).
- Program: Boston and Planning Development Agency (BPDA)
- Number of income-restricted apartments: 5
- Apartment sizes: Studio, 1 bedroom, 2 bedroom
- ADA accessible apartments: 1 – One bedroom – Built out for persons with mobility and deaf/hard of hearing impairments
- Maximum Income limits: 80%, 90%, 100%, 120% AMI (Area Median Income)
- Asset limit: 70% AMI: $75,000 Asset Limits do not include retirement, but do include the assessed value of real estate owned by applicants. For households in which all members are over 65, the asset limit is $250,000 (including retirement).
Current Rental Availability
|Property||# Beds||Rent||Minimum Income||Income Limit (AMI)||Units Available|
|Alta Oxbow - 55+||1-Bedroom||$1,919||$57,570||80%||1|
|Wellington at 1301||Compact 3-Bedroom||$1,682||$50,460||70%||1|
|Wellington at 1301||Compact 2-Bedroom||$1,502||$45,060||70%||3|
|Wellington at 1301||Compact 1-Bedroom||$1,326||$39,780||70%||1|
|256 Washington St.||1-Bedroom||$1,414||$42,420||80%||1|
|256 Washington St.||2-Bedroom||$1,863||$55,890||80%||1|
|32 Harris St.||1-bedroom||$2,101||$63,030||80%||1|
|Reserve at Burlington||1-Bedroom||$2,120||$55,968||80%||1|
|Ellington Metro West||2-Bedroom||$1,671||$50,130||80%||3|
|Ellington Metro West||3-Bedroom||$1,927||$57,810||80%||1|
|The Overlook at St. Gabriel’s||2-Bedroom||$2,931||$87,930||150%||1|
|The Overlook at St. Gabriel’s||1-Bedroom||$2,371||$77,310||150%||1|
|The Overlook at St. Gabriel’s||Studio||$2,204||$66,120||150%||1|
|55 West 5th||2-Bedroom||$2,426||$72,780||100%||2|
|Viridian||2-Bedroom||$2,426||$78,500 to $112,150||100%||1|
|Viridian||1-Bedroom||$2,136||$78,550 to $112,250||100%||1|
|Fenway Triangle||2-Bedroom||$2,931||$98,150 - $140,200||120%||1|
|Waterstone at Lexington||1- Independent Living||$2,983.33||$59,666.60||80%||12|
|Waterstone at Lexington||2- Independent Living||$3,356.66||$67,133.20||80%||6|
|Waterstone at Lexington||1- Assisted Living||$3,915 1 Person HH, $4,475 2 Person HH||1 HH $58,725 | 2 HH $67,125||80%||3|
|7Ink||Single Room Occupancy (shared 2-4 bedroom apartments)||$1,078||$32,340||70%||31|
|321 Washington St.||1-Bedroom||$2,101||$63030||80%||1|
|660 Washington St.||1-Bedroom||$2,577||$98,150||120%||2|
|The Bon||Micro Studio||$1,130||$33,900||70%||46|
|The Bon||Micro Studio||$1,984||$59,520||120%||3|
|The Bon||Compact 1-Bedroom||$1,326||$39,780||70%||7|
|The Bon||Compact 1-Bedroom||$2,319||$69,570||120%||3|
|The Bon||Compact 2-Bedroom||$1,502||$45,060||70%||6|
|The Bon||Compact 2-Bedroom||$2,638||$79,140||120%||3|
BPDA Income Limits for 2022
|Household Size||70% AMI||80% AMI||90% AMI||100% AMI||110% AMI||120% AMI||150% AMI|
INCOME & ELIGIBILITY QUESTIONS / FAQ
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 & COMMUNITY QUESTIONS / FAQ
What utilities are included in the rent? Tenants are responsible for water, electricity (stove and washer & dryer) and gas (heat). Is the stove electric or gas? Electric Is the washer/dryer included? Yes, each unit comes with an electric washer & dryer Is parking available? Parking is not included with the monthly rent. However parking can be rented for the following amounts: – Single Space: $225 per month – Tandem Space: $150 per month (fee covers one of the two tandem spaces) Is storage available? No. What is the pet policy? There is a limit of 2 pets per unit. There is also a breed restriction and a weight restriction of 50 lbs for dogs. Is there a monthly pet fee? Yes, cats are $25/mo and dogs are $75/mo. If you have questions about this property, please contact us.