735 Truman Parkway
735 Truman Parkway, BPDA Income Restricted Apartment rentals located in Hyde Park, MA. 735 Truman is a community of new studio, one, and two-bedroom apartments in Hyde Park, MA. Here, you’ll discover the perfect balance between outdoor living and city culture, in the form of numerous lavish amenities and an extra convenient location near Downtown Boston.
outdoor grill with seating area
bike repair station
735 Truman Parkway is nestled in a vibrant community with a thriving local arts scene, diverse restaurants, and varied entertainment options. Just steps away from Cleary and Logan Square, tenants will find conveniences and excitement at every turn. Fairmont MBTA station is just a short walk from your door, and South Station is just a half-hour away.
FIRST COME, FIRST SERVED / PROCESS
Please note, this is not a lottery. Applications for 735 Truman Parkway 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
735 Truman Parkway 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: 6
- Apartment sizes: Studio, 1 bedroom, 2 bedroom
- ADA accessible apartments: N/A- Built out for persons with mobility and deaf/hard of hearing impairments
- Maximum Income limits: 70% 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|
|319 & Park||3||$1,789||$53,670||70%||1|
|319 & Park||2||$1,597||$47,910||70%||2|
|319 & Park||1||$1,410||$42,300||70%||3|
|Arthaus - Certified Artist Restricted||1||$1,410||$39,540||70%||7|
|Arthaus - Certified Artist Restricted||Studio||$1,203||$33,750||70%||1|
|Arthaus - Certified Artist Restricted||2||$1,597||$44,760||70%||1|
|Alta Oxbow||1 - Age Restricted - 55+||$1,693||$50,790||80%||8|
|Alta Oxbow||2 - Age Restricted - 55+||$1,858||$55,740||80%||9|
BPDA Income Limits for 2021
|Household Size||70% AMI||80% AMI||90% AMI||100% AMI||110% AMI||120% AMI||150% AMI|
The next step is to request a rental application, and then complete and submit your application. Applications will be processed on a first-come, first-served basis. If there is no current vacancy, you’ll be added to our waitlist in the order received.
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, Gas, & Electric.
Is the stove electric or gas?
Is the washer/dryer included? Yes
Is parking available? Yes, for a monthly fee- Parking fees will be $35/car monthly for unassigned parking. There are a few premier reserved spaces which will be $60/monthly per car. There are also a few tandem spaces which will lease at $55/month and are able to park 2 cars one behind the other.
Is storage available? Yes, storage cages will be available for a fee. The fee will be $75-$150 for storage depending on the size.
What is the pet policy? Pets are allowed for an additional monthly fee – Aggressive breed restrictions apply.
Is there a monthly pet fee? Yes, $75/mo per dog & $50/mo per cat
If you have questions about this property, please contact us.