302 Broadway
302 Broadway is a future residential development located nearby Route 16 in Everett, MA containing a ground floor commercial storefront space and 15 rental apartments consisting of one, and two bedroom units. Two, 1-Bedroom units will be designated as income-restricted and will be rented to households earning up to 80% AMI (Area Median Income).
Unit 305:
Unit 405:
FEATURES
Elevator
Covered Parking (additional fees apply)
In-Unit Laundry
NEIGHBORHOOD
Welcome to the City of Everett, a community committed to honoring it’s past while investing in it’s future. A desirable place to live, work, and play, Everett is home to over 50,000 residents. Everett offers a vibrant, diverse, and welcoming community boasting state-of-the-art parks, multi-cultural restaurants, and a top-rated school system. Serving as a leader in the Commonwealth and country as a leader in viable public transit, Everett was one of the first communities to install dedicated bus rapid transit lanes.
FIRST COME, FIRST SERVED / PROCESS
Please note, this is not a lottery. Applications for 302 Broadway 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 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
302 Broadway 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).
Minimum income limits apply unless the household receives mobile housing assistance (including, but not limited to: VASH, Section 8 and MRVP).
- Program: 40B
- Number of Income-Restricted Apartments: 2
- Apartment Size: 1-Bedroom
- Income-Restricted, ADA-Accessible Apartments: 0
- Maximum Income Limit: 80% AMI (Area Median Income)
- Asset Limit: No Asset Limit for 40B
Current Rental Availability
2026 HUD Income Limits
| Household Size | 50% | 60% | 65% | 80% | 120% |
|---|---|---|---|---|---|
| 1 Person | $60,000 | $72,000 | $78,000 | $96,000 | $138,264 |
| 2 Person | $68,600 | $82,320 | $89,180 | $109,700 | $158,016 |
| 3 Person | $77, 150 | $92,580 | $100,295 | $123,400 | $177,768 |
| 4 Person | $85,700 | $98,760 | $111,410 | $137,100 | $197,520 |
| 5 Person | $92,600 | $111,120 | 120,380 | $148,100 | $213,322 |
| 6 Person | $99,450 | $119,340 | 129,285 | $159,050 | $229,123 |
NEXT STEPS
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 under 18 and other dependents in school full-time is not counted the same as other sources of income. Any such earnings above $480 in annual income would not be counted towards the income limit.
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? Parking is not included. On-site, covered parking will be available for a monthly rate of $100/month.
Is storage available? There is no additional storage on-site.
What is the pet policy? No Pets are allowed. Under state and federal fair housing laws, service animals and animals needed as a reasonable accommodation cannot be subject to a pet agreement, renter’s insurance, or any additional fees.
If you have additional questions about this property, please contact us.
Email:
