Peninsula

401 Mount Vernon Street Dorchester, MA 02125

Peninsula, BPDA Income Restricted Apartment Rentals, are a fun and hip community, minutes to beaches, shopping, and more! Just minutes from the JFK/UMASS T stop, hop on the red line and head downtown, to Cambridge, or Somerville in no time at all! Take a stroll on the Harborwalk, walk to the JFK Library and UMASS Boston, and enjoy your luxury apartment home complete with high-end finishes and luxury features.

FEATURES

Fitness Center
Community Room with WiFi and Coffee Bar
Media Lounge
Swimming Pool
Landscaped Sundeck with Grill
Package Concierge
Bike Storage
On-Site Management
Garage with electronic controlled access
Covered, Assigned Parking
Video Monitored and Controlled Access Building

Big, Beautiful pool surrounded by outdoor deck/patio space

NEIGHBORHOOD

Columbia Point is located on a peninsula and its surrounding area in Dorchester, Massachusetts. This quaint, coastal neighborhood houses the University of Massachusetts Boston, offering a lively college town vibe to this waterfront suburb. Just five miles south of downtown Boston, Columbia Point offers residents quick and easy access to all of Boston’s museums, restaurants, and local shops.

Savin Hill and Malibu Beach are community areas that offer sandy beaches perfect for swimming, along with a playground and baseball fields. For your shopping needs, visit South Bay Center, a very popular shopping mall with an abundance of retailers. Visit The Banshee if you’re interested in an Irish sports pub with a cozy atmosphere and lively crowd on game days. McKenna’s Café is a local gem that’s been serving breakfast and lunch to this neighborhood since 1999.

FIRST COME, FIRST SERVED / PROCESS

Please note, this is not a lottery. Applications for Peninsula 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

Peninsula 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: 22
  • Apartment Sizes: Studio, 1 bedroom, 2 bedroom and 3 bedroom
  • ADA-Accessible Apartments: N/A
  • Maximum Income Limit: 75% AMI (Area Median Income)
  • Asset Limit: 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# BedsRentMinimum IncomeIncome Limit (AMI)Units AvailableAccessible Units
James and Harrison Court1-Bedroom$1,378$49,60860%10
MaxwellStudio$2,064$61,92080%10
11-15 Market Street2-Bedroom$1,703$51,09060%50
The Tremont2-Bedroom$2,746$94,242.7280% 10
The Nines1-Bedroom$2,465$73,95080% 10
The GuildStudio$2,088$91,20181% (Minimum) - 110% (Maximum)10
Maxwell1-Bedroom (ADA-M Unit)$2,327$69,81080%1 (ADA-M Unit)1 Unit built out for Households with Mobility Impairments
436 Washington Street1-Bedroom$1,900$57,00080%50
400 West Broadway1-Bedroom (ADA-M Unit)$1,621$48,63070%1 (ADA-M Unit)1 Unit built out for Households with Mobility Impairments
Oxbow Wayland1-Bedroom$2,150$64,50080%30
Anthem EverettStudio (ADA-M Unit)$1,903$57,09080%1 (ADA-M Unit)1 Unit built out for Households with Mobility Impairments
Orchards2-Bedroom$2,154$51,69680%21 Unit built out for Households with Mobility Impairments
Cable Mills 2-Bedroom Condo$185,000 (Purchase Price)-80%10
Village Green1-Bedroom$1,950$58,50080%10
Village Green2-Bedroom$2,296$68,88080%10
The Cove2-Bedroom$2,587$77,61080% 20
The Cove1-Bedroom$2,195$65,85080% 10
Halstead2-Bedroom $2,900$78,30080%20
Beacham Street Apartments 1-Bedroom $2,100$63,00080% 40
The Avens1-Bedroom$2,464$73,92080%10
Emery Flats 1-Bedroom$2,263$67,89080% 10
Emery Flats Studio $2,063$61,89080% 10
Essex Landing 1-Bedroom$2,100$63,00080%10
Jefferson Station 1-Bedroom$2,324$69,72080% 10
536 Broadway 1-Bedroom$2,100$63,00080% 10
536 Broadway Studio$1,925$57,75080% 10
536 Broadway 2- Bedroom$2,746$67,71080% 10
The IndieStudio (Certified-Artist Unit Only)$1,130$33,90060%1 (Certified-Artist Only Unit)0
16 Laurel1-Bedroom$2,100$63,00080% 1 1 Unit built out for Households with Mobility Impairments
16 Laurel2-Bedroom$2,400$72,00080% 11 Unit built out for Households with Mobility Impairments
Prynne Hills1-Bedroom$2,227$66,81080%30
404 Lowell Street 2-Bedroom$2,689$80,67080%10
525 LincMicro Studio$1,908$57,24080% 10
525 LincSRO$1,138$34,14080% 10
Portside 1-Bedroom$2,800$84,000150%20
Heritage at Stone Ridge 2-Bedroom$2,100$63,00080%10
One Newcomb PlaceMicro 1-Bedroom $1,459$43,77070%10
One Newcomb Place3-Bedroom$2,057$61,71070%10

BPDA Income Limits for 2024

Household Size70% AMI80% AMI90% AMI100% AMI110% AMI120% AMI150% 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

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? Heat ( Gas) Water, Sewage and Trash

Is the stove electric or gas? Gas

Is the washer/dryer included?  Yes. Common Area Laundry.

Is parking available? Yes, outside parking is $85 per month and outside tandem is $160, garage parking is for $170 per month and garage tandem is $200 per month

Is storage available? No Storage available

What is the pet policy?  Pet friendly community – 2 pets per apartment. Weight and breed restrictions apply

Is there a monthly pet fee?  Yes, Cats are $50 and Dogs $75 If you have questions about this property, please contact us.

Tel: 617-639-3084 Ext 745 – US Relay 711
Email: Lottery@MaloneyProperties.com