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.
FIRST COME, FIRST SERVED / PROCESS
Please note, this is not a lottery. Applications for Peridot 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
Peridot 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).
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
Boston Inclusionary Housing Income Limits for 2026
| Household Size | 60% AMI | 70% AMI | 80% AMI | 90% AMI | 100% AMI | 110% AMI | 120% AMI | 150% AMI |
|---|---|---|---|---|---|---|---|---|
| 1 Person | $72,000 | $84,000 | $96,000 | $108,000 | $120,000 | $132,000 | $144,000 | $180,000 |
| 2 Person | $82,320 | $96,040 | $109,760 | $123,480 | $137,200 | $150,920 | $164,640 | $205,800 |
| 3 Person | $92,580 | $108,010 | $123,440 | $138,870 | $154,300 | $169,730 | $185,160 | $231,450 |
| 4 Person | $102,840 | $119,980 | $137,120 | $154,260 | $171,400 | $188,540 | $205,680 | $257,100 |
| 5 Person | $111,120 | $129,640 | $148,160 | $166,680 | $185,200 | $203,720 | $222,240 | $277,800 |
| 6 Person | $119,340 | $139,230 | $159,120 | $179,010 | $198,900 | $218,790 | $238,680 | $298,350 |
NEXT STEPS
To download a PDF application to be mailed, faxed, or dropped off, please follow this link
Email: Peridot@MaloneyProperties.com Phone: (617) 531-7123 Ext 781 | US Relay 711
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 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
