Verra
Combining comfort, warmth, and hospitality, Verra was designed to provide elevated living for an exceptional community of people: an ideal place to call home, in the heart of Allston’s most vibrant new destination.
FEATURES
Elevator
On-Site, Garage Parking (additional fees apply)
Additional Storage (additional fees apply)
EV Charging Stations
Bike Storage
Fitness Center (with 24/7 access)
Landscaped Outdoor Terrace
Outdoor Community Lounge (with grills & seating areas)
Community Co-Working Lounge (with conference rooms & private booths)
Community Chef’s Kitchen (with event lounge & private dining room)
Golf & Games Simulator
Indoor Cinema
Library Lounge
Game Room (with poker & billiards)
Pet Spa
NEIGHBORHOOD
Verra is located at the Enterprise Research Campus (ERC) in the Allston neighborhood of Boston, directly across the street from Harvard Business School. A community-driven destination, the ERC will feature a new lifestyle hotel and rooftop bar, restaurants, retail, lab & office space, a conference center, and 2-acre open space with year-round programming. Our location will be a premier destination for diverse food offerings, local nightlife, live music, and cultural events. Verra provides unparalleled views of Boston and Cambridge as well as curated spaces that both calm and inspire.
0.3 miles to Christian A Herter Park
0.2 miles to the Charles River Waterfront
0.5 miles to Trader Joe's
1.2 miles to the Stop and Shop at Boston Landing
Within 1.2 miles to the MBTA Commuter Rail station at Boston Landing
Directly adjacent to the Bus Stop for Bus #70 and #86
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: 86 (One, 30% Studio Unit, Two, 30% 1-Bedroom Units, One, 40% Studio Unit, One, 40% 1-Bedroom Unit, Two, 50% Studio Units, Two, 50% 1-Bedroom Units, One, 50% 2-Bedroom Unit, Two, 60% Studio Units, Two, 60% 1-Bedroom Units, One, 60% 2-Bedroom Unit, Seventeen, 70% Studio Units, Twenty-Three, 70% 1-Bedroom Units, Eight, 70% 2-Bedroom Units, Ten, 100% Studio Units, Eleven, 100% 1-Bedroom Units, & Two, 100% 2-Bedroom Units)
- Apartment Sizes: Studio, 1-Bedroom, & 2-Bedroom
- Income-Restricted, ADA-Accessible Apartments: 9 (One, 60% Studio Unit, One, 70% 1-Bedroom Unit, One, 70% 2-Bedroom Unit, One, 100% Studio Unit, & Two, 100% 1-Bedroom Units built out for Households with Mobility Impairments; Two, 70% 2-Bedroom Units & One, 100% Studio Unit built out for Households that are Deaf/Hard of Hearing)
- Maximum Income Limits: 30% AMI, 40% AMI, 50% AMI, 60% AMI, 70% AMI, & 100% AMI (Area Median Income)
- Asset Limits: $75,000 (30%, 40%, 50%, 60%, & 70% AMI); $100,000 (100% AMI)
Asset Limits do not include retirement, but do 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.
BPDA Income Limits for 2024
| Household Size | 30% AMI | 40% AMI | 50% AMI | 60% AMI | 70% AMI | 80% AMI | 90% AMI | 100% AMI | 110% AMI | 120% AMI | 140% AMI |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Person | $34,290 | $45,720 | $57,150 | $68,580 | $80,010 | $91,440 | $102,870 | $114,300 | $125,730 | $137,160 | $160,020 |
| 2 Person | $39,180 | $52,240 | $65,300 | $78,360 | $91,420 | $104,480 | $104,480 | $130,600 | $143,600 | $156,720 | $182,840 |
| 3 Person | $44,070 | $58,760 | $73,450 | $88,140 | $102,830 | $117,520 | $117,540 | $146,900 | $161,590 | $168,940 | $205,660 |
| 4 Person | $48,960 | $65,280 | $81,600 | $97,920 | $114,240 | $130,560 | $132,210 | $163,200 | $179,520 | $187,680 | $228,480 |
| 5 Person | $52,890 | $70,520 | $88,150 | $105,780 | $123,410 | $141,040 | $146,880 | $176,300 | $193,930 | $202,750 | $246,820 |
| 6 Person | $56,820 | $75,760 | $94,700 | $113,640 | $132,580 | $151,520 | $158,670 | $189,400 | $208,340 | $217,810 | $265,160 |
Current Rental Availability
| Property | # Beds | Rent | Minimum Income | Income Limit (AMI) | Units Available | Accessible Units |
|---|---|---|---|---|---|---|
| 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 |
| Verra | Studio | $550 | $16,500 | 30% | 1 | 0 |
| Verra | 1-Bedroom | $650 | $19,500 | 30% | 2 | 0 |
| Verra | Studio | $759 | $22,770 | 40% | 1 | 0 |
| Verra | 1-Bedroom | $892 | $26,760 | 40% | 1 | 0 |
| Verra | Studio | $967 | $29,010 | 50% | 2 | 0 |
| Verra | 1-Bedroom | $1,135 | $34,050 | 50% | 2 | 0 |
| Verra | 2-Bedroom | $1,281 | $38,430 | 50% | 1 | 0 |
| Verra | Studio | $1,175 | $35,250 | 60% | 2 | 1 Unit built out for Households with Mobility Impairments |
| Verra | 1-Bedroom | $1,378 | $41,340 | 60% | 2 | 0 |
| Verra | 2-Bedroom | $1,559 | $46,770 | 60% | 1 | 0 |
| Verra | Studio | $1,383 | $41,490 | 70% | 17 | 0 |
| Verra | 1-Bedroom | $1,621 | $48,630 | 70% | 23 | 1 Unit built out for Households with Mobility Impairments |
| Verra | 2-Bedroom | $1,837 | $55,110 | 70% | 8 | 3 (1 Unit built out for Households with Mobility Impairments; 2 Units built out for Households that are Deaf/Hard of Hearing) |
| Verra | Studio | $2,009 | $60,270 | 100% | 10 | 2 (1 Unit built out for Households with Mobility Impairments; 1 Unit built out for Households that are Deaf/Hard of Hearing) |
| Verra | 1-Bedroom | $2,351 | $70,530 | 100% | 11 | 2 Units built out for Households with Mobility Impairments |
| Verra | 2-Bedroom | $2,670 | $80,100 | 100% | 2 | 0 |
| West Of Center Apartments | 1-Bedroom | $1,648 | $49,440 | 80% | 1 | 0 |
| 25 Gardner Street | 1-Bedroom | $1,621 | $48,630 | 70% | 2 | 0 |
| 25 Gardner Street | 3-Bedroom | $2,057 | $61,710 | 70% | 1 | 0 |
| Grove Street Landing | 1-Bedroom | $2,391 | $71,730 | 80% | 2 | 0 |
| Grove Street Landing | 2-Bedroom | $2,649 | $79,470 | 80% | 2 | 0 |
| 93 Centre Street | Studio | $1,623 | $54,690 | 80% | 1 | 0 |
| The Cove | 1-Bedroom | $2,248 | $67,440 | 80% | 3 | 0 |
| Beacham Street Apartments | 1-Bedroom | $1,900 | $57,000 | 80% | 4 | 0 |
| Essex Landing | 1-Bedroom | $1,700 (reduced rent due to unit being above fitness center) | $51,000 | 80% | 1 | 0 |
| Essex Landing | 1-Bedroom | $2,100 | $63,000 | 80% | 2 | 0 |
| Jefferson Station | 1-Bedroom | $2,290 | $68,700 | 80% | 1 | 0 |
| Jefferson Station | 2-Bedroom | $2,714 | $81,420 | 80% | 1 | 0 |
| Prynne Hills | 1-Bedroom | $2,227 | $66,810 | 80% | 4 | 1 - unit built out for households with mobility impairment |
| Prynne Hills | 2-Bedroom | $2,441 | $73,230 | 80% | 2 | 0 |
| The Overlook at St. Gabriel's | 2-Bedroom | $3,704 | $111,120 | 150% | 1 | 0 |
| The Overlook at St. Gabriel's | 1-Bedroom | $3,079 | $92,370 | 150% | 1 | 0 |
| The Overlook at St. Gabriel's | Studio | $2,833 | $84,990 | 150% | 1 | 0 |
| The Overlook at St. Gabriel's | Studio | $2,683 | $80,490 | 150% | 1 | 0 |
| Tremont | 1-Bedroom | $2,467 | $74,010 | 80% | 1 (ADA-M Unit) | 1 Unit built out for Households with Hearing Impairments |
| Huntington | 1-Bedroom | $2,467 | $74,010 | 80% | 1 | 0 |
| Huntington | 2-Bedroom | $2,746 | $82,380 | 80% | 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 | $2,900 | $78,300 | 80% | 1 | 0 |
| Ellington | 2-Bedroom | $1,987 | $59,610 | 80% | 1 | 0 |
| Essex Street Lofts | Studio | $1,492 | $44,760 | 80% | 2 | 0 |
| Essex Street Lofts | 1-Bedroom | $1,685 | $50,550 | 80% | 1 | 0 |
| Lux | 1-Bedroom | $1,998 | $59,430 | 80% | 1 | 0 |
| 7Ink | Single Room Occupancy (SRO) | $1,214 | $36,420 | 70% | 1 | 0 |
| 16 Laurel | 1-Bedroom | $2,100 | $63,000 | 80% | 1 | 1 Unit built out for Households with Audio Visual Impairments |
| 16 Laurel | 2-Bedroom | $2,400 | $72,000 | 80% | 1 | 1 Unit built out for Households with Mobility Impairments |
| Oriole Landing | 1-Bedroom | $2,100 | $63,000 | 80% | 2 | 0 |
| Gateway at Millis | 2-Bedroom | $2,472 | $74,160 | 80% | 2 | 1 Unit built out for Households with Mobility Impairments |
| Tidewater | 2-Bedroom | $2,585 | $77,550 | 80% | 1 | 0 |
| The Artemis | 1-Bedroom (ADA-M Unit) | $2,250 | $67,500 | 80% | 1 (ADA-M Unit) | 1 Unit built out for Households with Mobility Impairments |
| 598 - 600 North Ave | 2-Bedroom | $2,532 | $75,960 | 80% | 1 | 0 |
| Bremen 282 | 2-Bedroom (Certified-Artist Only Unit) | $1,559 | $46,770 | 60% | 1 | 0 |
| 436 Washington Street | 1-Bedroom | $1,900 | $57,000 | 80% | 5 | 0 |
NEXT STEPS
APPLICATION DISTRIBUTION PERIOD: June 2, 2025 – June 24, 2025
APPLICATION DEADLINE: June 24, 2025
To download a PDF application to be mailed, faxed, or dropped off, please follow this link
Join the Tuesday, June 17, 2025, 3PM Information Session HERE
Register for the In-Person Information Session on Wednesday, June 18, 2025, 6PM at Jackson Mann Community Center, 500 Cambridge St, Allston, MA 02134 HERE
There will be a drop-in table on Saturday, June 14, 2025 10AM – 2PM at Brighton Branch BPL, 40 Academy Hill Rd, Brighton, MA 02135 (Registration not required)
Email: Verra@MaloneyProperties.com Phone: (617) 531-7123 Ext 798 | 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 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.
FAQ / FREQUENTLY ASKED QUESTIONS
Income Questions:
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 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 electricity (heating/cooling, hot water, cooking, & laundry), water/sewer, & cable/internet (optional). Gas is not a utility at this property.
Is the stove electric or gas? Electric.
Is the washer/dryer included? Yes. In-Unit (Electric).
Is parking available? 300 parking spaces are available in an underground garage below the building. The spaces will be rented on a first-come, first-served basis for an additional monthly fee (TBD). There are dedicated accessible parking spots in the garage with access to elevators that service the entire building. Residential parking on the street is also 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 monthly fee (TBD).
What is the pet policy? Cats/Dogs are allowed with a limit of 2 pets per unit. Breed restrictions apply. Service animals are permitted with proper documentation.
If you have additional questions about this property, please contact us using the form or contact information below.
Email: Verra@MaloneyProperties.com