Needham Place, Income Restricted Apartment Rentals in a highly desirable luxury building within Needham Center. This property, within Needham Center, has many shops and restaurants nearby. The property is a short walk to the MBTA Needham Commuter Rail stop. This exquisite apartment has an open concept floor plan for easy living and fabulous entertaining.
Just west of Boston and East of Worcester sits Metro West, a region that houses a group of towns and cities with significant historical backgrounds. A total of 19 municipalities make up the core of this community, but other municipalities are considered to be a part of the Interstate 495/Metro West Corridor.
FIRST COME, FIRST SERVED / PROCESS
Please note, this is not a lottery. Applications for Needham 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
Needham 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).
- Program: 40B
- Number of income-restricted apartments: 1
- Apartment sizes: 2 bedroom
- ADA accessible apartments: N/A-Built out for persons with mobility and deaf/hard of hearing impairments
- Maximum Income limits: 80% AMI (Area Median Income) – based on HUD limits
- Asset limit: No asset limit for 40B
Current Rental Availability
|Property||# Beds||Rent||Minimum Income||Income Limit (AMI)||Units Available|
|2-10 Maverick Square||1-Bedroom||$1,559||$46,770||70%||2|
|2-10 Maverick Square||2-Bedroom (ADA-M Unit)||$1,766||$52,980||70%||1|
|105 Washington Residences||1-Bedroom (ADA-H Unit)||$1,559||$46,770||70%||1|
|The Bon||Micro 2-Bedroom||$2,638||$79,140||120%||1|
|Cable Mills||2-Bedroom Condo||$185,000 (Purchase Price)||-||80%||1|
|Waterstone of Lexington||1-Bedroom (Assisted Living)||$3,915||1-Person HH - $58,725, 2-Person HH - $67,125||80%||2|
|Waterstone of Lexington||1-Bedroom (Independent Living - Rent)||$2,983.33||$59,666.60||80%||9|
|Waterstone of Lexington||2-Bedroom (Independent Living - Rent)||$3,356.67||$67,133.20||80%||5|
|Haywood House||1-Bedroom (Age-Restricted - 62+ all members of household)||$1,929||57,870||99%||5|
|Gateway at Millis||1-Bedroom||$2,221||$66,630||80%||1|
|Gateway at Millis||2-Bedroom||$2,472||$74,160||80%||1|
|176 - 178 Washington||1 - Bedroom||$2,004||$60,120||80%||1|
2023 HUD Income Limits
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? Renters are responsible for Electricity, Gas (Heat & Cooking), Water/Sewer, Cable & Internet (Optional) Is the stove electric or gas? Gas Is the washer/dryer included? Yes Is parking available? Parking is not included but is available for rent for $175 per month. Is storage available? Yes, storage is included. What is the pet policy? Pets are allowed. Restrictions may apply. Is there a monthly pet fee? If you have questions about this property, please contact us.