Peridot
Like the beautiful green gemstone of our namesake, a jewel associated with health, happiness and harmony, Peridot is a peaceful boutique community — set right in the midst of Allston’s busy urban core. Open the doors to a calming, chic palette of grays, golds and of course, gorgeous greens. Peridot consisting of 32 units with 4 of the units designated as income-restricted and rented to households earning at or below 70% AMI (Area Median Income).
FEATURES
Elevator
On-Site Garage Parking (additional fees apply)
Additional On-Site Storage (additional fees apply)
EV Charging Stations
Fitness Center
NEIGHBORHOOD
Peridot is a perfect place of peace tucked within one of Boston’s most active neighborhoods. Outside our doors, find yourself connected directly into Allston’s active main thoroughfares of Cambridge Street and Harvard Avenue, steps from excellent restaurants, hip coffee shops, grocery stores, & dozens of other conveniences. Boutiques and hidden gems are around every corner, with Boston Landing’s T Station a short distance away and quick access to the Mass Pike. Harvard Business School and Boston University are nearby, as are dozens of major area employers including Athena Health, Bose, Elizabeth’s Medical Center, New Balance and WGBH.
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: Boston Planning and Development Agency (BPDA)
- Number of Income-Restricted Apartments: 4 (One, 1-Bedroom Unit & Three, 2-Bedroom Units)
- Apartment Sizes: 1-Bedroom & 2-Bedroom
- Income-Restricted, ADA-Accessible Apartments: 2 (One, 1-Bedroom Unit & One, 2-Bedroom Unit built out for Households with Mobility Impairments)
- Maximum Income Limit: 70% 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.
Income and rent limits are determined by the BPDA on an annual basis. To find out more about the current year’s limits, please visit this link.
Current Rental Availability
| Property | # Beds | Rent | Minimum Income | Income Limit (AMI) | Units Available | Accessible Units |
|---|---|---|---|---|---|---|
| Fox Howe | Junior 1-Bedroom | $2,251 | $67,530 | 80% | 1 | 0 |
| Fox Howe | 1-Bedroom | $2,251 | $67,530 | 80% | 11 | 0 |
| Fox Howe | 2-Bedroom | $2,464 | $73,920 | 80% | 5 | 0 |
| Fox Howe | 2-Bedroom | $2,978 | $89,340 | 80% (Workforce) | 2 | 0 |
| Fox Howe | 1-Bedroom | $2,646 | $79,380 | 120% (Workforce) | 3 | 0 |
| Fox Howe | 2-Bedroom | $3,128 | $93,840 | 120% (Workforce) | 1 | 0 |
| The Block at 22 Everett | 1-Bedroom | $1,881 | $56,430 | 60% | 1 | 0 |
| The Block at 22 Everett | 2-Bedroom | $2,097 | $62,910 | 60% | 1 | 0 |
| The Block at 22 Everett | 3-Bedroom | $2,314 | $69,420 | 60% | 1 | 0 |
| The Block at 22 Everett | 1-Bedroom | $2,065 | $61,950 | 80% | 12 | 0 |
| The Block at 22 Everett | 2-Bedroom | $2,418 | $72,540 | 80% | 8 | 0 |
| The Block at 22 Everett | 3-Bedroom | $3,140 | $94,200 | 80% | 1 | 0 |
| The Basin | Studio | $2,176 | $57,447 | 80% | 4 | 1 Unit built out for Households with Mobility Impairments |
| The Basin | 1-Bedroom | $2,480 | $65,472 | 80% | 37 | 1 Unit built out for Households with Mobility Impairments; 1 Unit built out for Households that are Deaf/Hard of Hearing |
| The Basin | 2-Bedroom | $2,720 | $71,808 | 80% | 23 | 1 Unit built out for Households that are Deaf/Hard of Hearing |
| The Basin | 3-Bedroom | $2,957 | $78,065 | 80% | 3 | 0 |
| Peridot | 1-Bedroom (ADA-M Unit) | $1,621 | $48,630 | 70% | 1 (ADA-M Unit) | 1 Unit built out for Households with Mobility Impairments |
| Peridot | 2-Bedroom | $1,837 | $55,110 | 70% | 3 | 1 Unit built out for Households with Mobility Impairments |
| Mill Street Apartments | 1-Bedroom | $2,322 | $69,660 | 80% | 6 | 1 Unit built out for Households with Mobility Impairments |
| Mill Street Apartments | 2-Bedroom | $2,768 | $83,040 | 80% | 10 | 1 Unit built out for Households with Mobility Impairments |
| Mill Street Apartments | 3-Bedroom | $3,187 | $95,610 | 80% | 2 | 1 Unit built out for Households with Mobility Impairments |
| Vesa | 1-Bedroom | $2,341 | $70,230 | 80% | 12 | 3 Units built out for Households with Mobility Impairments |
| Vesa | 2-Bedroom | $2,543 | $76,290 | 80% | 12 | 3 Unit built out for Households with Mobility Impairments |
| Vesa | 3-Bedroom | $2,712 | $81,360 | 80% | 4 | 1 Unit built out for Households with Mobility Impairments |
| 281 Franklin Street | Studio | $1,175 | $35,250 | 60% | 2 | 0 |
| 281 Franklin Street | 1-Bedroom (ADA-M Unit) | $1,378 | $41,340 | 60% | 1 (ADA-M Unit) | 1 Unit built out for Households with Mobility Impairments |
| 366 Broadway | Studio | $2,117 | $63,510 | 80% | 2 | 0 |
| 366 Broadway | 1-Bedroom | $2,395 | $71,850 | 80% | 1 | 0 |
| 366 Broadway | 2-Bedroom | $2,652 | $79,560 | 80% | 1 | 0 |
| Essex Street Lofts | 1-Bedroom | $1,685 | $50,550 | 80% | 2 | 0 |
| 600 North Ave | 2-Bedroom | $2,694 | $96,984 | 80% | 1 | 0 |
| The Cove | 2-Bedroom | $2,642 | $79,260 | 80% | 2 | 0 |
| Essex Landing | 1-Bedroom | $2,100 | $63,000 | 80% | 1 | 0 |
| Jefferson Station | 1-Bedroom | $2,290 | $68,700 | 80% | 3 | 1 Unit built out for Households with Mobility Impairments |
| Jefferson Station | 2-Bedroom | $2,714 | $81,420 | 80% | 2 | 1 Unit built out for Households with Mobility Impairments |
| Prynne Hills | 1-Bedroom | $2,390 | $71,700 | 80% | 4 | |
| Prynne Hills | 1-Bedroom (ADA-M Unit) | $2,383 | $71,490 | 80% | 1 (ADA-M Unit) | 1 Unit built out for Households with Mobility Impairments |
| Prynne Hills | 2-Bedroom | $2,685 | $80,550 | 80% | 2 | 0 |
| The Overlook at St. Gabriel's | 1-Bedroom | $3,079 | $92,370 | 150% | 3 | 0 |
| The Overlook at St. Gabriel's | Studio | $2,833 | $84,990 | 150% | 1 | 0 |
| Halstead Burlington | Studio | $2,050 | $55,350 | 80% | 2 | 0 |
| Halstead Burlington | 1-Bedroom | $2,500 | $67,500 | 80% | 1 | 0 |
| Halstead Burlington | 2-Bedroom | $2,800 | $78,300 | 80% | 1 | 0 |
| Ellington | 2-Bedroom | $1,978 | $59,340 | 80% | 1 | 0 |
| Lux | 1-Bedroom | $1,998 | $59,430 | 80% | 1 | 0 |
| Lux | 2-Bedroom | $2,381 | $71,430 | 80% | 1 | 0 |
| 7Ink | Single Room Occupancy (SRO) | $1,214 | $36,420 | 70% | 6 | 0 |
| Gateway at Millis | 2-Bedroom | $2,472 | $74,160 | 80% | 2 | 1 Unit built out for Households with Mobility Impairments |
| Tidewater | 2-Bedroom | $2,298 | $68,940 | 80% | 1 | 0 |
| 436 Washington Street | 1-Bedroom | $1,900 | $57,000 | 80% | 5 | 0 |
| Oxbow Wayland | 2-Bedroom (55+ Age-Restricted Unit) | $2,683 | $80,490 | 80% | 1 (55+ Age-Restricted Unit) | 0 |
| 302 Broadway | 1-Bedroom | $2,295 | $68,850 | 80% | 1 | 0 |
| 525 Linc | Single Room Occupancy (SRO) | $1,138 | $34,140 | 70% | 2 | 0 |
| 525 Linc | Studio | $1,908 | $57,240 | 100% | 1 | 0 |
| 525 Linc | Single Room Occupancy (SRO) | $1,607 | $48,210 | 100% | 1 | 0 |
| 80 Bridge | 1-Bedroom | $2,206 | $66,180 | 80% | 1 | 0 |
| Heritage at Stone Ridge | 1-Bedroom (55+ Age-Restricted Unit) | $2,210 | $58,344 | 80% | 1 | 0 |
| Reserve at Burlington | 1-Bedroom | $2,375 | $62,700 | 80% | 1 | 0 |
| Village Green | 1-Bedroom | $2,209 | $66,270 | 80% | 1 | 0 |
| Pastures at Dover | 3-Bedroom | $2,921 | $87,630 | 80% | 1 | 0 |
BPDA Income Limits for 2024
| Household Size | 70% AMI | 80% AMI | 90% AMI | 100% AMI | 110% AMI | 120% AMI | 150% 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
APPLICATION DISTRIBUTION PERIOD: July 21, 2025 – August 7, 2025
APPLICATION DEADLINE: August 7, 2025
To download a PDF application to be mailed, faxed, or dropped off, please follow this link
Join the Thursday, July 31, 2025, 3:30PM Information Session HERE
Email: Peridot@MaloneyProperties.com Phone: (617) 531-7123 Ext 781 | US Relay 711
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 who 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 are the move-in fees? First month’s rent (prorated) & a security deposit equal to one month’s rent.
What utilities are included in the rent? None. Tenants are responsible for all utilities, including gas (heating, hot water, & cooking), electricity (cooling & laundry), water/sewer, & cable/internet (optional).
Is the stove electric or gas? Gas.
Is the washer/dryer included? Yes. In-Unit (Electric).
Is parking available? There are 36 total parking spaces, 10 of which are tandem, available to rent on a first-come, first-served basis for an additional $250/month. Residential parking on the street is available to people with a Resident Parking Permit from the City. There are also metered spaces on the street(s) surrounding the property.
Is storage available? Additional storage is available to rent on a first-come, first-served basis for an additional $75-$150/month, dependent on size.
What is the pet policy? Cats and dogs are allowed with a combined maximum weight of 80lbs.
If you have additional questions about this property, please contact us using the form or contact information below.
Email: Peridot@MaloneyProperties.com