About This Property
New Franklin Park Apts Phase I offers 109 low-income units in Dorchester, MA, serving homeless populations. The property includes a mix of 42 one-bedroom, 50 two-bedroom, 8 three-bedroom, and 9 four-bedroom units, placed in service in 2010. Financing includes 9% Low-Income Housing Tax Credits and CDBG funding.
Property Details
Fair Market Rent - Suffolk County, MA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $2,212 |
| 1 Bedroom | $2,377 |
| 2 Bedroom | $2,827 |
| 3 Bedroom | $3,418 |
| 4 Bedroom | $3,765 |
Income Limits - Suffolk County, MA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $28,200
- Very Low (50%)
- $47,000
- Low (80%)
- $70,750
- Extremely Low (30%)
- $32,200
- Very Low (50%)
- $53,700
- Low (80%)
- $80,850
- Extremely Low (30%)
- $36,250
- Very Low (50%)
- $60,400
- Low (80%)
- $90,950
- Extremely Low (30%)
- $40,250
- Very Low (50%)
- $67,100
- Low (80%)
- $101,050
- Extremely Low (30%)
- $43,500
- Very Low (50%)
- $72,500
- Low (80%)
- $109,150
- Extremely Low (30%)
- $46,700
- Very Low (50%)
- $77,850
- Low (80%)
- $117,250
- Extremely Low (30%)
- $49,950
- Very Low (50%)
- $83,250
- Low (80%)
- $125,350
- Extremely Low (30%)
- $53,150
- Very Low (50%)
- $88,600
- Low (80%)
- $133,400
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $28,200 | $47,000 | $70,750 |
| 2 Persons | $32,200 | $53,700 | $80,850 |
| 3 Persons | $36,250 | $60,400 | $90,950 |
| 4 Persons | $40,250 | $67,100 | $101,050 |
| 5 Persons | $43,500 | $72,500 | $109,150 |
| 6 Persons | $46,700 | $77,850 | $117,250 |
| 7 Persons | $49,950 | $83,250 | $125,350 |
| 8 Persons | $53,150 | $88,600 | $133,400 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Dorchester, MA?+
The Fair Market Rent (FMR) for Suffolk County, MA is: $2212 (Studio), $2377 (1BR), $2827 (2BR), $3418 (3BR), $3765 (4BR). Actual rent at subsidized properties like New Franklin Park Apts Phase I is typically 30% of household income or less.
What size apartments are available at New Franklin Park Apts Phase I?+
New Franklin Park Apts Phase I offers the following unit types: 42 One-Bedroom, 50 Two-Bedroom, 8 Three-Bedroom, 9 Four-Bedroom units, for a total of 109 units.
Who is eligible to live at New Franklin Park Apts Phase I?+
New Franklin Park Apts Phase I primarily serves formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages New Franklin Park Apts Phase I?+
New Franklin Park Apts Phase I is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Suffolk County, MA?+
For a 4-person household in Suffolk County, MA, the income limits are: Extremely Low Income (30% AMI): $40,250, Very Low Income (50% AMI): $67,100, Low Income (80% AMI): $101,050. These limits are set by HUD and updated annually.
How do I apply for housing at New Franklin Park Apts Phase I?+
New Franklin Park Apts Phase I is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What is the price range for apartments in Dorchester, MA?+
Based on Fair Market Rent for Suffolk County, the estimated price range is: 1-bedroom: $2377, 2-bedroom: $2827, 3-bedroom: $3418. Actual rent at New Franklin Park Apts Phase I may be lower for income-eligible households.
Contact Information
Walk Score
Walker's Paradise
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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