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.
FEATURES
fitness center
rooftop deck
outdoor grill with seating area
lounge
serene courtyard
bike repair station
NEIGHBORHOOD
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 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
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 |
|---|---|---|---|---|---|
| James and Harrison Court | 1-Bedroom | $1,378 | $49,608 | 60% | 1 |
| Maxwell | Studio | $2,064 | $61,920 | 80% | 1 |
| 11-15 Market Street | 2-Bedroom | $1,703 | $51,090 | 60% | 5 |
| The Tremont | 2-Bedroom | $2,746 | $94,242.72 | 80% | 1 |
| The Nines | 1-Bedroom | $2,465 | $73,950 | 80% | 1 |
| The Guild | Studio | $2,088 | $91,201 | 81% (Minimum) - 110% (Maximum) | 1 |
| Maxwell | 1-Bedroom (ADA-M Unit) | $2,327 | $69,810 | 80% | 1 (ADA-M Unit) |
| 436 Washington Street | 1-Bedroom | $1,900 | $57,000 | 80% | 5 |
| 400 West Broadway | 1-Bedroom (ADA-M Unit) | $1,621 | $48,630 | 70% | 1 (ADA-M Unit) |
| Oxbow Wayland | 1-Bedroom | $2,150 | $64,500 | 80% | 3 |
| Anthem Everett | Studio (ADA-M Unit) | $1,903 | $57,090 | 80% | 1 (ADA-M Unit) |
| Orchards | 2-Bedroom | $2,154 | $51,696 | 80% | 2 |
| Cable Mills | 2-Bedroom Condo | $185,000 (Purchase Price) | - | 80% | 1 |
| Village Green | 1-Bedroom | $1,950 | $58,500 | 80% | 1 |
| Village Green | 2-Bedroom | $2,296 | $68,880 | 80% | 1 |
| The Cove | 2-Bedroom | $2,587 | $77,610 | 80% | 2 |
| The Cove | 1-Bedroom | $2,195 | $65,850 | 80% | 1 |
| Halstead | 2-Bedroom | $2,900 | $78,300 | 80% | 2 |
| Beacham Street Apartments | 1-Bedroom | $2,100 | $63,000 | 80% | 4 |
| The Avens | 1-Bedroom | $2,464 | $73,920 | 80% | 1 |
| Emery Flats | 1-Bedroom | $2,263 | $67,890 | 80% | 1 |
| Emery Flats | Studio | $2,063 | $61,890 | 80% | 1 |
| Essex Landing | 1-Bedroom | $2,100 | $63,000 | 80% | 1 |
| Jefferson Station | 1-Bedroom | $2,324 | $69,720 | 80% | 1 |
| 536 Broadway | 1-Bedroom | $2,100 | $63,000 | 80% | 1 |
| 536 Broadway | Studio | $1,925 | $57,750 | 80% | 1 |
| 536 Broadway | 2- Bedroom | $2,746 | $67,710 | 80% | 1 |
| The Indie | Studio (Certified-Artist Unit Only) | $1,130 | $33,900 | 60% | 1 (Certified-Artist Only Unit) |
| 16 Laurel | 1-Bedroom | $2,100 | $63,000 | 80% | 1 |
| 16 Laurel | 2-Bedroom | $2,400 | $72,000 | 80% | 1 |
| Prynne Hills | 1-Bedroom | $2,227 | $66,810 | 80% | 3 |
| 404 Lowell Street | 2-Bedroom | $2,689 | $80,670 | 80% | 1 |
| 525 Linc | Micro Studio | $1,908 | $57,240 | 80% | 1 |
| 525 Linc | SRO | $1,138 | $34,140 | 80% | 1 |
| Portside | 1-Bedroom | $2,800 | $84,000 | 150% | 2 |
| Heritage at Stone Ridge | 2-Bedroom | $2,100 | $63,000 | 80% | 1 |
| One Newcomb Place | Micro 1-Bedroom | $1,459 | $43,770 | 70% | 1 |
| One Newcomb Place | 3-Bedroom | $2,057 | $61,710 | 70% | 1 |
BPDA Income Limits for 2024
| Household Size | 70% AMI | 80% AMI | 90% AMI | 100% AMI | 110% AMI | 120% AMI | 150% AMI |
|---|---|---|---|---|---|---|---|
| 1 Person | $80,010 | $91,440 | $102,870 | $114,300 | $125,730 | $137,160 | $171,450 |
| 2 Person | $91,420 | $104,480 | $117,540 | $130,600 | $143,600 | $156,720 | $195,900 |
| 3 Person | $102,830 | $117,520 | $132,210 | $146,900 | $161,590 | $168,940 | $220,350 |
| 4 Person | $114,240 | $130,560 | $146,880 | $163,200 | $179,520 | $187,680 | $244,800 |
| 5 Person | $123,410 | $141,040 | $158,670 | $176,300 | $193,930 | $202,750 | $264,450 |
| 6 Person | $132,580 | $151,520 | $170,460 | $189,400 | $208,340 | $217,810 | $284,100 |
NEXT STEPS
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.
Email: Lottery@MaloneyProperties.com