The Bon

1260 Boylston Street Fenway, MA 02215

The Bon, BPDA Income Restricted Apartment rentals are located in the vibrant Fenway neighborhood of Boston MA. These apartments offer a new and simplified approach to renting. You get a fully furnished, purposefully designed apartment, essential services and helpful extras, all included in your monthly rent. Everything you need for daily life is right here inside the building.

FEATURES

Elevator
Bike Storage
Fitness Center
Common Roof Deck
Community Room
All units will come furnished with bed(s), couch, 50" Smart TV, chair, and tables, at no cost.

https://www.maloneyaffordable.com/wp-content/uploads/2022/10/The-Bon-Fitness-Center.png

NEIGHBORHOOD

The Bon is located adjacent to Fenway Park and the many shopping and dining destinations in the Fenway neighborhood. Located 0.3 miles from the MBTA Commuter rail station at Landsdowne and 0.6 miles from the MBTA Green Line station at Kenmore.

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 and Planning Development Agency (BPDA)
  • Number of Income-Restricted Apartments: 68
  • Apartment Sizes: Micro Studio, Compact 1-Bedroom, Compact 2-Bedroom
  • Income-Restricted, ADA-Accessible Apartments: 2 Micro Studio units & 1 Compact 1-Bedroom unit built out for households with Mobility Impairments
  • Maximum Income Limits: 70%, 120% AMI (Area Median Income)
  • Asset Limits: $75,000, $100,000

Asset Limits do not include retirement but do include the assessed value of real estate owned by applicants.

 

Current Rental Availability

Property# BedsRentMinimum IncomeIncome Limit (AMI)Units AvailableAccessible Units
Alta Oxbow - 55+ 1-Bedroom $1,919$57,57080%10
Emery Flats Studio$1,810$54,30080% 11
Lux1-Bedroom $1,975$59,25080% 10
Wellington at 1301Compact 3-Bedroom$1,682$50,46070%10
Wellington at 1301Compact 2-Bedroom$1,502$45,06070%31 unit built out for households with Mobility Impairments and Deaf/Hard of Hearing
Wellington at 1301Compact 1-Bedroom$1,326$39,78070%11 unit built out for households with Mobility Impairments and Deaf/Hard of Hearing
256 Washington St.1-Bedroom$1,414$42,42080%10
256 Washington St.2-Bedroom$1,863$55,89080%10
32 Harris St.1-bedroom$2,101$63,03080%10
Reserve at Burlington 1-Bedroom$2,120$55,96880%10
Ellington Metro West 2-Bedroom$1,671$50,13080%31
Ellington Metro West 3-Bedroom$1,927$57,81080%11
The Overlook at St. Gabriel’s2-Bedroom$2,931$87,930150% 10
The Overlook at St. Gabriel’s1-Bedroom$2,371$77,310150% 10
The Overlook at St. Gabriel’sStudio $2,204$66,120150% 10
55 West 5th2-Bedroom$2,426$72,780100%20
Viridian2-Bedroom$2,426$78,500 to $112,150100%10
Viridian1-Bedroom$2,136$78,550 to $112,250100%10
Portside2-Bedroom$2,700$87,930120%10
Fenway Triangle 2-Bedroom$2,931$98,150 - $140,200120% 10
Fenway Triangle 1-Bedroom$1,914$45,93690%10
Waterstone at Lexington 1- Independent Living $2,983.33$59,666.60 80% 120
Waterstone at Lexington 2- Independent Living $3,356.66$67,133.20 80% 62 units for households with mobility impairments
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% 30
7InkSingle Room Occupancy (shared 2-4 bedroom apartments)$1,078$32,34070%314 - Built out for hearing impaired
The Cove 2-Bedroom$2,275$68,25080% 10
321 Washington St.1-Bedroom$2,101$6303080% 10
660 Washington St.1-Bedroom$2,577$98,150120%20
Halstead Burlington1-Bedroom$2,206$59,56280% 20
BLDG89Studio$1,257$37,71070%10
The BonMicro Studio$1,130$33,90070%462 units built out for households with Mobility Impairments
The BonMicro Studio$1,984$59,520120%30
The BonCompact 1-Bedroom$1,326$39,78070%71 unit built out for households with Mobility Impairments
The BonCompact 1-Bedroom$2,319$69,570120%30
The BonCompact 2-Bedroom$1,502$45,06070%60
The BonCompact 2-Bedroom$2,638$79,140120%30
Packard Crossing1-Bedroom$1,473$44,19070%10
Packard Crossing2-Bedroom$1,668$50,04070%92 units built out for Mobility Impairments
The Avens1-Bedroom$1,904$68,54480%10
The Avens2-Bedroom$2,083$74,98880%10
Essex Landing1-Bedroom$2,125$63,75080%10
Jefferson Station1-Bedroom$1,914$57,42080%10

 

   

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 lottery application, and then complete and submit your application by the deadline. 

APPLICATION DISTRIBUTION PERIOD: January 30, 2023 – February 15, 2023

APPLICATION DEADLINE: February 15, 2023

Email: TheBon@MaloneyProperties.com Phone: (617) 639 – 3064 Ext 741

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.

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 that 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 utilities are included in the rent? Gas, electricity, water/sewer, & internet. Tenant is responsible for cable.

Is the stove electric or gas? Electric.

Is the washer/dryer included? No in-unit laundry. Centrally-located, card-operated laundry in building.

Is parking available? There is no avaialble parking on-site.

Note: As a project developed under the City of Boston’s Compact Living Policy Pilot, residents will not be allowed to obtain residential parking permits. They will be notified of this before signing a lease by Management.  Per the Policy, “Developers of projects with Compact Living units must notify prospective residents about the inability to obtain residential parking permits before signing a lease or purchasing a unit.”

Is storage available? No.

What is the pet policy? Pets are permitted with a maximum of 2 pets per unit.

If you have additional questions about this property, please contact us.

Tel: (617) 639-3064 Ext. 741 – US Relay 711
Email: TheBon@MaloneyProperties.com