Overview:
50% AMI Low Income Unit: One 3BR @ $1,438
65% AMI Affordable Unit: One 2BR @ $1,767
80% AMI Affordable Units: Five Studios @ $1,837; Twenty-Two 1BRs @ $1,910; Eighteen 2BRs @ $2,234; Five 3BR @ $2,523
Household Size | Maximum Income Limit 50% | Maximum Income Limit 65% | Maximum Income Limit 80% |
1 | N/A (no unit) | $63,791 | $78,300 |
2 | $56,100 | $72,904 | $89,500 |
3 | $63,100 | $82,017 | $100,700 |
4 | $70,100 | $91,130 | $111,850 |
5 | $75,750 | N/A (no unit) | $120,800 |
6 | $81,350 | N/A (no unit) | $129,750 |
Applicants with a mobile housing subsidy/voucher (such as Section 8, MRVP, etc.) may apply but are encouraged to first contact the housing agency that issues their housing subsidy to confirm that the rents are within the agency’s payment standards to ensure that they will not be prohibited by the housing agency from using the housing subsidy at this property.
Allee On The Charles is a new 204 unit rental community located on 15 Riverdale Avenue in Newton. Sitting in one of Boston’s most vibrant suburbs, the picturesque site offers an abundance of nearby shops, restaurants, and local amenities. A lush courtyard accompanies interior amenities including lounge space and a fitness center. Units feature thoughtful floor plans, washer/dryer, and high-end finishes. Through this process, 50 apartments will be made available to households earning no more than 80% of the Area Median Income, 1 apartment will be made available to households earning no more than 65% of the Area Median Income, and 1 apartment will be made available to households earning no more than 50% of the Area Median Income.
Units Remaining
- 52
Key Dates
- April 19, 2023: Link to Recording of Informational Session: https://youtu.be/QqFpnlxYUcg
- May 23, 2023: Application Deadline: at 2pm. Completed Applications must be received by this date
- June 5, 2023: Lottery: at 6:00pm via Zoom Go to zoom.com/join or call (646) 558-8656 and enter Meeting ID: 857 2736 5609, Passcode: 276410