55 West Fifth
This new luxury apartment building is located one block from The Broadway T station and features new units with modern finishes. Amenities include an incredible common roof deck with incredible city views, An incredible location that offers access to public transportation, highway access, the Seaport and all that South Boston has to offer.
Washer & Dryer
This neighborhood has the makings to fit any lifestyle. This location offers access to public transportation, highway access as well as groceries, top rated restaurants, salons, dog spas, and parks within walking distance.
FIRST COME, FIRST SERVED / PROCESS
Please note, this is not a lottery. Applications for 55 West Fifth 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
55 West Fifth 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).
Current Rental Availability
|Property||# Beds||Rent||Minimum Income||Income Limit (AMI)|
|2-10 Maverick Square||1-Bedroom||$1,559||$46,770||70%|
|2-10 Maverick Square||2-Bedroom (ADA-M Unit)||$1,766||$52,980||70%|
|105 Washington Residences||1-Bedroom (ADA-H Unit)||$1,559||$46,770||70%|
|The Bon||Micro 2-Bedroom||$2,638||$79,140||120%|
|Cable Mills||2-Bedroom Condo||$185,000 (Purchase Price)||-||80%|
|Waterstone of Lexington||1-Bedroom (Assisted Living)||$3,915||1-Person HH - $58,725, 2-Person HH - $67,125||80%|
|Waterstone of Lexington||1-Bedroom (Independent Living - Rent)||$2,983.33||$59,666.60||80%|
|Waterstone of Lexington||2-Bedroom (Independent Living - Rent)||$3,356.67||$67,133.20||80%|
|Haywood House||1-Bedroom (Age-Restricted - 62+ all members of household)||$1,929||57,870||99%|
|Gateway at Millis||1-Bedroom||$2,221||$66,630||80%|
|Gateway at Millis||2-Bedroom||$2,472||$74,160||80%|
|176 - 178 Washington||1 - Bedroom||$2,004||$60,120||80%|
BPDA Income Limits for 2023
|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