Cedar Place

3 Burke Lane Wellesley, MA 02481

Cedar Place is a residential development located at 3 Burke Lane in Wellesley. The development consists of 17 total apartments ranging in size from 1-Bedrooms to 3-Bedrooms. 5 of the 17 units are designated as affordable units and will be rented to households earning less than the 80% Area Median Income (AMI) based on the Boston, Cambridge, Quincy, MA-NH MSA income limits.

 

 

 

FEATURES

Bike Storage
Electric Car Charging Stations

Downtown Wellesley

NEIGHBORHOOD

Cedar Place is located off Route 9 within a short distance to Interstate 95.

FIRST COME, FIRST SERVED / PROCESS

Please note, this is not a lottery. Applications for Cedar Place 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 are 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

Cedar Place is a mixed-income community offering 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).

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: 5
  • Apartment Sizes: 1-Bedroom, 2-Bedroom, 3-Bedroom
  • Income-Restricted, ADA-Accessible Apartments: 0
  • Maximum Income Limit: 80% AMI (Area Median Income) — Based on HUD Limits
  • Asset Limit: No asset limit for 40B

Current Rental Availability

Property# BedsRentMinimum IncomeIncome Limit (AMI)Units AvailableAccessible Units
404 Lowell Street2-Bedroom$2,689$80,67080%10
Heritage at Stone Ridge2-Bedroom$2,297$60,640.80Income limits can vary, and can include no income restrictions51 Unit built out for Households with Mobility Impairments
The Signal BuildingStudio$1,531$45,93080%31 Unit built out for Households with Mobility Impairments
The Signal Building1-Bedroom (Certified-Artists Only Units)$1,793$53,79080%4 (Certified-Artists Only Units)0
The Signal Building1-Bedroom (ADA-H Unit)$1,793$53,79080%1 (ADA-H Unit)1 Unit built out for Households that are Deaf/Hard of Hearing
The Signal Building2-Bedroom$2,033$60,99080%10
HEW At 1515Studio (Certified-Artist Only Units)$930$27,90050%5 (Certified-Artists Only Units)0
HEW At 15151-Bedroom (Certified-Artists Only Units)$1,091$32,73050%2 (Certified-Artists Only Units)0
HEW At 15152-Bedroom (ADA-M Certified-Artists Only Unit)$1,232$36,96050%1 (ADA-M Certified-Artists Only Unit)1 Unit built out for Households with Mobility Impairments
HEW At 1515Studio$1,330$39,90070%20
HEW At 15151-Bedroom$1,559$46,77070%71 Unit built out for Households with Mobility Impairments
HEW At 15152-Bedroom$1,766$52,98070%20
HEW At 1515Studio (ADA-M & ADA-MH Units)$1,531$45,93080%2 (ADA-M & ADA-MH Units)1 Unit built out for Households with Mobility Impairments; 1 Unit built out for Households with Mobility Impairments and/or that are Deaf/Hard of Hearing
HEW At 15151-Bedroom$2,261$67,83080% (Minimum) - 100% (Maximum)10
HEW At 15152-Bedroom$2,567$77,01080% (Minimum) - 100% (Maximum)20
HEW At 1515Studio$2,333$69,990100% (Minimum) - 120% (Maximum)10
HEW At 15151-Bedroom$2,728$81,840100% (Minimum) - 120% (Maximum)10
MaxwellStudio$2,064$61,92080%70
Maxwell1-Bedroom$2,346$70,41080%80
Maxwell2-Bedroom$2,597$87,93080%70
MaxwellStudio (ADA-M Unit)$2,064$61,92080%1 (ADA Unit)1 Unit built out for Households with Mobility Impairments
Maxwell1-Bedroom (ADA-M Units)$2,327$69,81080%4 (ADA-M Units)4 Units built out for Households with Mobility Impairments
Maxwell2-Bedroom (ADA-M Units)$2,571$77,13080%2 (ADA-M Units)2 Units built out for Households with Mobility Impairments
7Ink 4-Bedroom Co-Living Unit$1,174$35,22070%4 (SRO Units)0
The GuildStudio$748$21,44250%31 Unit built out for Households that are Deaf/Hard of Hearing
The Guild3-Bedroom (ADA-M Unit)$874$32,16350%1 (ADA-M Unit)1 Unit built out for Households with Mobility Impairments
The GuildStudio$1,418$57,10151% (Minimum) - 80% (Maximum)30
The GuildStudio$2,088$91,20181% (Minimum) - 110% (Maximum)10
The Guild3-Bedroom$2,884$117,25181% (Minimum) - 110% (Maximum)10
400 West BroadwayStudio$1,330$39,90070%10
400 West Broadway1-Bedroom$1,559$46,77070%21 Unit built out for Households with Mobility Impairments
400 West Broadway2-Bedroom$1,766$52,98070%20
Reserve at Burlington 1-Bedroom (ADA-M Unit)$2,467$65,12980%1 (ADA-M Unit)1 Unit built out for Households with Mobility Impairments
302 Broadway 1-Bedroom$2,346$70,38080% 10
IdylStudio (ADA-M Units)$1,330$39,90070%2 (ADA-M Units)2 Units built out for Households with Mobility Impairments
Idyl1-Bedroom (ADA-M Units)$1,559$46,77070%2 (ADA-M Units)2 Units built out for Households with Mobility Impairments
Cedar Place1-Bedroom$2,058$61,74080%10
The Nines2-Bedroom$2,721$81,63080%20
The Nines1-Bedroom$2,465$73,95080%20
The NinesStudio$2,172$65,16080%10
Orchards2-Bedroom $2,154$51,69680%51 Unit built out for Households with Mobility Impairments
Emery Flats Studio (ADA-M Unit)$2,131$63,93080%1 (ADA-M Unit)1 Unit built out for Households with Mobility Impairments
Ink Block1-Bedroom $1.559$46,77070%10
Bremen 282Studio (Certified-Artists Only Units)$1,130$33,90060%4 (Certified-Artists Only Units)0
The Artemis at Arlington Heights1-Bedroom$1,925$57,75080%10
The Artemis at Arlington Heights2-Bedroom$2,273$68,19080%10
The Artemis at Arlington HeightsStudio$1,834$55,02080%10
Prynne Hills1-Bedroom $1,899$56,97080%30
Prynne Hills2-Bedroom $2,199$65,97080%41 Unit built out for Households with Mobility Impairments
Essex Landing 1-Bedroom $2,257$67,71080%41 Unit Build out for Households with Mobility Impairments
Cable Mills 2-Bedroom Condo$185,000 (Purchase Price)-80%10
Village Green1-Bedroom$2,050$61,50080%2
Residences at 581 Salem Street 1-Bedroom$1,905$57,15080%10
Tremont 1-Bedroom $2,467$84,66780%10
Tremont 2-Bedroom $2,746$94,24380%10
The BonMicro Studio (ADA-M Unit)$2,100$63,000120%1 (ADA-M Unit)1 Unit built out for Households with Mobility Impairments

2024 HUD Income Limits

Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area
Household Size50%80% 120%
1 Person$57,100$91,200$125,076
2 Person$65,300$104,200 $142,944
3 Person$73,450$117,250 $160,812
4 Person$81,600$130,250 $178,680
5 Person$88,150$140,700 $192,974
6 Person$94,700$151,100 $207,269

NEXT STEPS

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. 

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.

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

Property Questions:

What utilities are included in the rent? None. Tenants are responsible for all utilities including cable & internet.

Is the stove electric or gas? Electric.

Is the washer/dryer included? Yes. In-unit.

Is parking available? Each unit will have one assigned surface parking space at no additional cost.

Is storage available? Additional storage is not included nor available for rent/purchase. 

What is the pet policy? No pets are allowed with the exception of service pets.

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

Tel: (617) 639-3064 Ext 779 – US Relay 711
Email: CedarPlace@MaloneyProperties.com