Portside at East Pier

40 E Pier Dr, East Boston, MA 02128, USA

Portside at East Pier includes 66 BPDA income restricted apartments. The property is located at 50 Lewis Street and 40 East Pier Drive on the East Boston waterfront. Apartments are priced well below market prices!

FEATURES

Waterfront and skyline views
Luxury finishes
Roof deck with fire pits and gas grills
Fitness center with yoga and spin studios, incl. fitness on demand
Club room with games and lounge spaces
Children's play area
Indoor/outdoor dog park with a dog washing station
Conference room
Wrapping paper station
On-site garage parking
Full time concierge

View of Boston skyline from East Boston over the water

NEIGHBORHOOD

East Boston's waterfront enjoys the city's best skyline views. We're just 3 minutes to Downtown Boston via MBTA from Maverick Square, with easy access to I-90 and 1A.

FIRST COME, FIRST SERVED / PROCESS

Please note, this is not a lottery. Applications for Portside at East Pier 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

Portside at East Pier 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).

Port Side at East Pier is a mixed-income residential community offering BPDA affordable apartment rentals to eligible households, restrictions apply.

  • Program: Boston and Planning Development Agency (BPDA)
  • Number of income-restricted apartments: 43
  • Apartment sizes: Studio, 1 bedroom, 2 bedroom
  • ADA accessible apartments: One – Studio
  • Maximum Income limits: 100%-150% (Area Median Income)
  • Asset limit: 90%-120% AMI: $100,000
    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 Available
Reserve at BurlingtonStudio$1,854$48,94580%1
Wakefield Vista 1$1,958$58,74080%2
660 Washington St. Studio$2,204 $98,150-$126,200.120% 1
660 Washington St. 1 Bedroom$2,136$78,550-$100,950 100% 1
Ellington2$1,671$45,11780%1
Prynne Hills2$2,032$54,60080%1
Lux at Stoughton1$1,975$59,25080%2
The Overlook at St. Gabriel’s2$2,931$87,930150% 2
55 West 5th2$2,426$72,780100%2
Viridian2$2,426$78,500-112,150100%1
Viridian1$2,136$78,550 to $112,250100%1
Portside1$2,467$74,010150%1
Portside2$2,931$87,930120%1
Portside1$2,577$77,310120%1
Fenway Triangle 2$2,931$98,150 - $140,200120% 1
Waterstone at Lexington 1- Independent Living $2,983.33$59,666.60 80% 12
Waterstone at Lexington 2- Independent Living $3,356.66$67,133.20 80% 6
Waterstone at Lexington 1- Assisted Living $3,915 1 Person HH, $4,475 2 Person HH 1 HH $58,725 | 2 HH $67,125 80% 3
The Gerry1$1,885$56,55080%1
256 Washington1$1,564$46,92080%1
256 Washington2$2,013$60,39080%1
1700-1710 Dorchester Ave1$1,473$44,19070%2
1700-1710 Dorchester Ave2$1,668$50,04070%1
The Muse - Artist Restricted Unit 1$1,473$44,19070%1
7InkSingle Room Occupancy (shared 2-4 bedroom apartments)$1,078$32,34070%31
Alta Oxbow - (55+ Age-Restricted Living)1 (55+ Age-Restricted Living)$1,919$57,57080%1

BPDA Income Limits for 2022

Household Size70% AMI80% AMI90% AMI100% AMI110% AMI120% AMI150% AMI
1 Person$68,750$78,550$88,350$98,150$107,950$117,800 $147,250
2 Person $78,550$89,750$101,000$112,200 $123,400$134,600$168,250
3 Person$88,350$100,950$113,600$126,200$138,800 $151,450$189,300
4 Person$98,150$112,150$126,200$140,200$154,200$168,250$210,300
5 Person$106,050$121,150$136,300$151,450$166,550$181,750$227,150
6 Person$113,900$130,100$146,400$162,650$178,900$195,200$243,950

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? Gas/heat

Is the stove electric or gas? Electric

Is the washer/dryer included? Yes, electric

Is parking available? Yes, garage underground, $150/mo per spot

Is storage available? Yes we will have storage cages, $50, $75, $100 per cage per month depending on size.

What is the pet policy? 2 pet max, no weight restrictions, aggressive breed restrictions

Is there a monthly pet fee? Yes, $75/mo per dog, $30/mo pet cat

 

 

 

Tel: 617-531-7123 Ext. 784 – US Relay 711
Email: info@maloneyrealestate.com