Alta Oxbow

492 Boston Post Road, Wayland, MA, USA

The Alta Oxbow is currently being built and will be be built over multiple phases. The property is being built in 3 phases.

The complex will include 218 Units. This includes 55 income restricted apartments. Within the 55 units, there will be 17 age-restricted apartments for applicants over the age of 55. Please note only 1 person in the household must be over 55 years of age.

There will be 39 non age restricted income restricted apartments.

FEATURES

Building Amenities:
Pet Spa
Bicycle Storage
Electric Vehicle charging stations
Resident Lounge with free coffee and games
Tech Lounge
Outdoor Courtyards with gas grills, fire pits, yard games.
24 Hour Package Rooms
Keyless Entry
Fitness Center
Pool
Storage: There will be storage spaces ranging in sizes available to rent from $35-$75/ per month
Pet Policy: Cats & Dogs are permitted. Maximum of two pets per unit. there will be an estimated monthly fee of $65 per dog and $45 per cat.
Parking-There will be free surface parking spaces available. Garage parking will be available for an additional monthly fee, currently estimated at $150 per month or $250 per month for a garage tandem parking space. Garage parking and surface parking will be available and accessible for persons with disabilities. Parking is available to all residents. Surface parking is free and garage parking will have a monthly fee.
Apartment Features:
Stainless Steel Appliances
Balcony
Utilities: Tenants will be responsible for all utilities including electricity (cooking), gas (heat), and water/sewer. All units with include an electric washer/dryer in the unit.

NEIGHBORHOOD

This complex is located off Route 20 at 490 Boston Post Road in Wayland, MA. The site is situated on the Wayland and Sudbury town line within a short distance from Wayland Town Center.

FIRST COME, FIRST SERVED / PROCESS

Please note, this is not a lottery. Applications for Alta Oxbow 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

Alta Oxbow 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).

The lottery application window is over.  The post lottery waitlist is now open.  Applicants could be contacted from this list in the event there are apartments still available after the lottery list has been exhausted.

Program: 40B

Number of income-restricted apartments: 55 total – breakdown outlined below.

Phase 1: 17 –  Age Restricted – 55 years or older – Estimated delivery July 2022

Phase 2: 17 – Non Age Restricted – Estimated delivery September 2022

Phase 3: 21 – Non Age Restricted – Estimated delivery October 2022

Number of Lotteries: Two – one for the 38 non age restricted and one for the 17 age restricted – 55 years or older.  Please note only 1 person in the household must be over 55 years of age.

Apartment sizes: 1 bedroom and 2 bedroom

ADA accessible apartments:

  • Phase 1: A401 – 2 bed & 2 bath – Built out for households with mobility impairments
  • Phase 2: B414 – 2 bed + den & 2 bath – Built out for households with mobility impairments
  • Phase 3: C314 – 1 bed & 1 bath- Built out for households with hearing impairments
  • Phase 3: C319 – 2 bed & 2 bath – Built out for households with mobility impairments

Maximum Income limits: 80% AMI (Area Median Income) – based on HUD limits

Asset limit: No asset limit

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

 

Current Rental Availability

Property# BedsRentMinimum IncomeIncome Limit (AMI)Units AvailableAccessible Units
319 & Park3$1,789$53,67070%10
319 & Park2$1,597$47,91070%20
319 & Park1$1,410$42,30070%31 unit built out for HH with mobility impairments
Prynne Hills 1$1,844$44,25680% 32 units built out for HH with mobility impairments
Wakefield Vista2$2,111$63,33080%21 unit built out for HH with mobility impairments
The Orchards2$1,992$47,80880%10
Halstead Burlington Studio$1,707$46,08980%10
Arthaus - Certified Artist Restricted1$1,410$39,54070%70
Arthaus - Certified Artist RestrictedStudio$1,203$33,75070%10
Arthaus - Certified Artist Restricted2$1,597$44,76070%10
Portside2$2,322$69,660100%10
Alta Oxbow1$1,693$50,79080%190
Alta Oxbow1 - Age Restricted - 55+$1,693$50,79080%81 unit built out for HH with hearing impairments
Alta Oxbow2$1,858$55,74080%192 units built out for HH with mobility impairments
Alta Oxbow2 - Age Restricted - 55+$1,858$55,74080%91 unit built out for HH with mobility impairments

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 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

What utilities are included in the rent? Tenants will be responsible for all utilities including electricity (cooking), gas(heat), and water/sewer. All units with include an electric washer/dryer in the unit.

Is the stove electric or gas? Electric

Is the washer/dryer included? Yes

Is parking available? There will be free surface parking spaces available. Garage parking will be available for an additional monthly fee, currently estimated at $100 per month or $175 per month for a garage tandem parking space.

Is storage available? There will be 50+ storage spaces ranging in sizes available to rent from $35 – $75 per month

What is the pet policy? Cats & Dogs are permitted. Maximum of two pets per unit. there will be an estimated monthly fee of $65 per dog and $35 per cat.

Is there a monthly pet fee? Yes

Tel: 617-531-7123 Ext. 712 – US Relay 711
Email: Oxbow@maloneyproperties.com