Prospect Union Square
Prospect Union Square is located at 20-50 Prospect Street in Somerville. The development consists of two buildings, the Mid-Rise Building and the Tower Building, with a combined total of 450 residential units. 20% (90) are designated as affordable. The Mid-Rise building has a total 136 residential units, with 27 units designated as affordable. The Tower building will include a total 314 residential units with 63 designated as affordable. All affordable units are rented to households at or below 50% of AMI, at or below 80% of AMI, or at or below 110% AMI.
The link to the lottery results is here
FEATURES
Elevator
Bike Storage
Package Room
Parking Garage
Fitness Center
Outdoor Pool Terrace (with daybeds & chaise loungers)
Outdoor Dining Spaces (with grills)
Outdoor Lounges (with firepit)
Business Lounge (with private work rooms)
Community Dining Space
Billiards & Game Tables
Indoor Lounge (with fireplace)
Interior Dog Run & Pet Wash
NEIGHBORHOOD
Union Square is a neighborhood in the southeastern part of Somerville. It is centered on Union Square proper, which is located at the intersection of Washington Street, Webster Avenue, and Somerville Avenue. With new lab and office space, housing, retail, & green and open space, Union Square is expanding the Boston innovation ecosystem by fostering the next great concentration of life science and technology companies as well as ushering in more living spaces to this vibrant and desirable neighborhood. Whether through two new train stops, bus, bike, foot, or car, Union Square mobility options provide access to the best of Boston and gives visitors and residents many opportunities to get outside with numerous parks and civic spaces.
FIRST COME, FIRST SERVED / PROCESS
Please note, this is not a lottery. Applications for Prospect Union Square are processed on a first come, first served basis, as apartments become available (see the Current Availability table in the next section below).
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
Prospect Union Square 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).
- Program: Inclusionary Zoning
- Number of Income-Restricted Apartments: 90
- Apartment Sizes: Studio, 1-Bedroom, 2-Bedroom, & 3-Bedroom
- Income-Restricted, ADA-Accessible Apartments: One Studio Unit, Six, 1-Bedroom Units, & Four, 2-Bedroom Units built out for Households with Mobility Impairments; 1 Studio Unit built out for households with Visual Impairments and/or that are Deaf/Hard of Hearing
- Maximum Income Limits: 50% AMI, 80% AMI, 110% AMI (Area Median Income) — Based on HUD Limits
- Asset Limit: $75,000
Asset Limit does not include retirement but does include the assessed value of real estate owned by applicants.
*All utilities paid for by the tenant.
Rents for 110% AMI units are based on household income. Included in chart below are the lowest/highest possible rents based on 1-2 people in a Studio unit, 1-2 people in a 1-Bedroom unit and 2-4 people in a 2-Bedroom unit.
2023 HUD Income Limits
(Somerville 50%, 51%-80%, 81%-110%)
| Household Size | 50% AMI | 51% - 80% AMI | 81% - 110% AMI |
|---|---|---|---|
| 1 | $57,100 | $57,101 - $91,200 | $91,201 - $125,620 |
| 2 | $65,300 | $65,301 - $104,200 | $104,201 - $143,660 |
| 3 | $73,450 | $73,451 - $117,250 | $117,251 - $161,590 |
| 4 | $81,600 | $81,601- $130,250 | $130,251 - $179,520 |
| 5 | $88,150 | $88,151 - $140,700 | $140,701- $193,930 |
| 6 | $94,700 | $94,701 - $151,100 | $151,101 - $208,340 |
Current Rental Availability
| Property | # Beds | Rent | Minimum Income | Income Limit (AMI) | Units Available | Accessible Units |
|---|---|---|---|---|---|---|
| James and Harrison Court | 1-Bedroom | $1,378 | $49,608 | 60% | 1 | 0 |
| Maxwell | Studio | $2,064 | $61,920 | 80% | 1 | 0 |
| 11-15 Market Street | 2-Bedroom | $1,703 | $51,090 | 60% | 5 | 0 |
| The Tremont | 2-Bedroom | $2,746 | $94,242.72 | 80% | 1 | 0 |
| The Nines | 1-Bedroom | $2,465 | $73,950 | 80% | 1 | 0 |
| The Guild | Studio | $2,088 | $91,201 | 81% (Minimum) - 110% (Maximum) | 1 | 0 |
| Maxwell | 1-Bedroom (ADA-M Unit) | $2,327 | $69,810 | 80% | 1 (ADA-M Unit) | 1 Unit built out for Households with Mobility Impairments |
| 436 Washington Street | 1-Bedroom | $1,900 | $57,000 | 80% | 5 | 0 |
| 400 West Broadway | 1-Bedroom (ADA-M Unit) | $1,621 | $48,630 | 70% | 1 (ADA-M Unit) | 1 Unit built out for Households with Mobility Impairments |
| Oxbow Wayland | 1-Bedroom | $2,150 | $64,500 | 80% | 3 | 0 |
| Anthem Everett | Studio (ADA-M Unit) | $1,903 | $57,090 | 80% | 1 (ADA-M Unit) | 1 Unit built out for Households with Mobility Impairments |
| Orchards | 2-Bedroom | $2,154 | $51,696 | 80% | 2 | 1 Unit built out for Households with Mobility Impairments |
| Cable Mills | 2-Bedroom Condo | $185,000 (Purchase Price) | - | 80% | 1 | 0 |
| Village Green | 1-Bedroom | $1,950 | $58,500 | 80% | 1 | 0 |
| Village Green | 2-Bedroom | $2,296 | $68,880 | 80% | 1 | 0 |
| The Cove | 2-Bedroom | $2,587 | $77,610 | 80% | 2 | 0 |
| The Cove | 1-Bedroom | $2,195 | $65,850 | 80% | 1 | 0 |
| Halstead | 2-Bedroom | $2,900 | $78,300 | 80% | 2 | 0 |
| Beacham Street Apartments | 1-Bedroom | $2,100 | $63,000 | 80% | 4 | 0 |
| The Avens | 1-Bedroom | $2,464 | $73,920 | 80% | 1 | 0 |
| Emery Flats | 1-Bedroom | $2,263 | $67,890 | 80% | 1 | 0 |
| Emery Flats | Studio | $2,063 | $61,890 | 80% | 1 | 0 |
| Essex Landing | 1-Bedroom | $2,100 | $63,000 | 80% | 1 | 0 |
| Jefferson Station | 1-Bedroom | $2,324 | $69,720 | 80% | 1 | 0 |
| 536 Broadway | 1-Bedroom | $2,100 | $63,000 | 80% | 1 | 0 |
| 536 Broadway | Studio | $1,925 | $57,750 | 80% | 1 | 0 |
| 536 Broadway | 2- Bedroom | $2,746 | $67,710 | 80% | 1 | 0 |
| The Indie | Studio (Certified-Artist Unit Only) | $1,130 | $33,900 | 60% | 1 (Certified-Artist Only Unit) | 0 |
| 16 Laurel | 1-Bedroom | $2,100 | $63,000 | 80% | 1 | 1 Unit built out for Households with Mobility Impairments |
| 16 Laurel | 2-Bedroom | $2,400 | $72,000 | 80% | 1 | 1 Unit built out for Households with Mobility Impairments |
| Prynne Hills | 1-Bedroom | $2,227 | $66,810 | 80% | 3 | 0 |
| 404 Lowell Street | 2-Bedroom | $2,689 | $80,670 | 80% | 1 | 0 |
| 525 Linc | Micro Studio | $1,908 | $57,240 | 80% | 1 | 0 |
| 525 Linc | SRO | $1,138 | $34,140 | 80% | 1 | 0 |
| Portside | 1-Bedroom | $2,800 | $84,000 | 150% | 2 | 0 |
| Heritage at Stone Ridge | 2-Bedroom | $2,100 | $63,000 | 80% | 1 | 0 |
| One Newcomb Place | Micro 1-Bedroom | $1,459 | $43,770 | 70% | 1 | 0 |
| One Newcomb Place | 3-Bedroom | $2,057 | $61,710 | 70% | 1 | 0 |
NEXT STEPS
Phone: (617) 639-3064 Ext 785 | 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 utilities are included in the rent? None. Tenants are responsible for all utilities including cable & internet.
Is the stove electric or gas? Gas.
Is the washer/dryer included? Yes. In-unit.
Is parking available? 19 parking spaces are reserved for the affordable units. In the instance that more than 19 households express interest in renting a parking space, a lottery drawing will be held in order to ensure a fair and equitable process. After the lottery drawing is held, the selected households will be offered a space. For the other households that expressed interest but were not offered to rent a space through the lottery, they will remain on a waitlist for future opportunities upon turnover.
Is storage available? 15 storage lockers are reserved for the affordable units. In the instance that more than 15 households express interest in a storage locker, a lottery drawing will be held for in order to ensure a fair and equitable process. After the lottery drawing is held, the selected households will be offered a locker. For the other households that expressed interest but were not offered to rent a storage locker through the lottery, they will remain on a waiting list for future opportunities upon turnover.
What is the pet policy? 2 pets are allowed per apartment, with some breed restricitons for dogs.
If you have additional questions about this property, please contact us.
Email: