About This Property
Siochain Properties is a 12-unit affordable housing development in East Boston serving low-income residents. The property, which has been in service since 2001, includes three one-bedroom units, eight two-bedroom units, and one three-bedroom unit and is financed through 9% Low-Income Housing Tax Credits. A non-profit organization owns and operates the property.
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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in East Boston, 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 Siochain Properties is typically 30% of household income or less.
What size apartments are available at Siochain Properties?+
Siochain Properties offers the following unit types: 3 One-Bedroom, 8 Two-Bedroom, 1 Three-Bedroom units, for a total of 12 units.
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.
What is the price range for apartments in East Boston, 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 Siochain Properties may be lower for income-eligible households.
How do I apply for housing at Siochain Properties?+
Siochain Properties 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.
Who manages Siochain Properties?+
Siochain Properties is managed by . You can reach them at . Visit their website for more information.
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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