80 Bridge

Exterior of building
  • Exterior of building
  • Open floor plan kitchen with refrigerator, dishwasher, and microwave
  • Living room with hardwood floors
  • Bedroom with hardwood floors and closet
  • Bathroom with tub
RENTAL LOTTERY

80 Bridge

80 Bridge Street Dedham, MA 02026

80 Bridge Street is an existing mixed-use building located in the Dedham, Massachusetts. There are a total of 41 residential units, 6 of which will be designated as affordable. The units will be rented to households earning up to 80% AMI (Area Median Income).

FEATURES

Elevator
Card-Operated Laundry Rooms on each floor
Furnished Common Room with TV and WIFI
Electric Car Chargers

https://www.maloneyaffordable.com/wp-content/uploads/2022/10/80-Bridge-Common-Room.png

NEIGHBORHOOD

This development is conveniently located near Interstate 93 and Interstate 95 and a short distance from the many shopping and dining options at Legacy Place in Dedham and Islington Center.

JOIN OUR COMMUNITY / PRICING AND ELIGIBILITY

Minimum income limits apply unless the household receives mobile housing assistance (including, but not limited to: VASH, Section 8 and MRVP).

  • Program: 40B
  • Number of Income-Restricted Apartments: 6
  • Apartment Sizes: 1-Bedroom, 2-Bedroom
  • Income-Restricted ADA-Accessible Apartments: 0
  • Maximum Income Limit: 80% AMI (Area Median Income)
  • Asset Limit: $75,000

Asset Limit does not include retirement but does include the assessed value of real estate owned by applicants.

 

Current Rental Availability

Property# BedsRentMinimum IncomeIncome Limit (AMI)Units AvailableAccessible Units
Ellington Metro West 2-Bedroom$1,771$53,13080%10
Woburn Heights 2- Bedroom $2,374 $71,22080%21
Halstead BurlingtonStudio$1,931$57,93080%10
Halstead Burlington1-Bedroom $2,206$66,18080%10
Haywood House 1 Bedroom - Age Restricted 62+ all members of household $1,98659,58099%230
256 Washington St.1 Bedroom$1,414$42,42080%10
Viridian2 Bedroom$2,426$78,500 to $112,150100%10
Fenway Triangle 2 Bedroom$2,931$98,150 - $140,200120% 10
Dot BlockStudio$879$26,37050%10
Dot BlockStudio$1,257$37,71070%21 unit built out for households with Mobility Impairments and/or are Deaf/Hard of Hearing
Dot BlockCompact Studio$1,130$33,90070%40
Dot Block1-Bedroom$1,301$30,93050%31 unit built out for households with Mobility Impairments and/or are Deaf/Hard of Hearing
Dot Block1-Bedroom$1,473$44,19070%32 units built out for households with Mobility Impairments and/or are Deaf/Hard of Hearing
Dot BlockCompact 1-Bedroom$1,326$39,78070%80
Dot Block2-Bedroom$1,164$34,92050%30
Dot Block2-Bedroom$1,668$50,04070%10
Dot BlockCompact 2-Bedroom$1,502$45,06070%72 units built out for households with Mobility Impairments and/or are Deaf/Hard of Hearing
Dot BlockCompact 3-Bedroom$1,682$50,46070%10
80 Bridge Street1-Bedroom$2,078$62,34080%50
80 Bridge Street2-Bedroom$2,301$69,03080%10
Essex Landing 1- Bedroom$2,125$63,75080%11
The Avens 1 - Bedroom$1,904$57,12080%11
302 Broadway1-Bedroom$2,044$61,32080%20

 

   

2022 HUD Income Limits

Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area
Household Size50%80%
1 Person$49,100$78,300
2 Person$56,100$89,500
3 Person$63,100$100,700
4 Person$70,100$111,850
5 Person$75,750$120,800
6 Person$81,350$129,750

NEXT STEPS

The next step is to request a lottery application, and then complete and submit your application by the deadline.

Request Application

APPLICATION DISTRIBUTION PERIOD: February 27, 2023 – April 28, 2023

APPLICATION DEADLINE: April 28, 2023

Email: 80Bridge@MaloneyProperties.com   Phone: (617) 639-3064 Ext. 748

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

Applications will be distributed between the dates stated above.  Applications will be made available online, by mail, and in-person during the scheduled distribution times. Applicants that prefer to submit a hard copy of the application (versus the online application) are required to mail the completed application back to Maloney Properties, Inc. The application must be postmarked on or before the application deadline date. Applications will also be accepted by email.

1. Applicants who submit a complete application by the deadline will then be entered into the lottery.

2. All applicants will receive an application number.

3. The application number is used for the lottery to keep the identity of applicants confidential.

4. Maloney Properties will then conduct a lottery and each applicant will then be assigned a lottery number (lottery #1 being first).

5. Following the lottery, we will then show the units to the top applicants based on the lottery number and preferences. At this stage, we will begin to request supporting documentation (paystubs, bank statements, taxes, etc.).

Please note that entry in the Lottery Drawing does not constitute qualification or eligibility. Applicant’s eligibility will be determined post lottery.

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.

LOTTERY QUESTIONS / FAQ

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.

Can I rent out my unit?You must agree to live in this property as your principal place of residence. In no event are you allowed to rent the property.

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 factors – not just the Lottery Number.

PROPERTY & COMMUNITY QUESTIONS / FAQ

Property Questions:

What utilities are included in the rent? Water/Sewer. Tenants are responsible for all other utilities including cable/internet.

Is the stove electric or gas? 2nd floor units will have electric cooking. 3rd floor units will have gas cooking.

Is the washer/dryer included? Coin-operated laundry rooms are provided on each floor.

Is parking available? Each 1-bedroom unit gets one parking permit; 2-bedroom units get 2 parking permits; there are no additional parking spaces available for rent.

Is storage available? There is no additional storage on-site.

What is the pet policy? Pets are prohibited, unless a documented service animal.

If you have additional questions about this property, please contact us.

Tel: (617) 639-3064 ext 748 – US Relay 711
Email: 80Bridge@MaloneyProperties.com