About This Property
Academy Homes I comprises 202 units in Roxbury, with 150 units designated for low-income households. The property includes 23 one-bedroom, 42 two-bedroom, 80 three-bedroom, and 57 four-bedroom units, and has been in service since 1999. The development is non-profit owned and financed through tax-exempt bonds and 4% low-income housing tax credits.
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 Roxbury, 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 Academy Homes I is typically 30% of household income or less.
What size apartments are available at Academy Homes I?+
Academy Homes I offers the following unit types: 23 One-Bedroom, 42 Two-Bedroom, 80 Three-Bedroom, 57 Four-Bedroom units, for a total of 202 units.
What is the price range for apartments in Roxbury, 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 Academy Homes I may be lower for income-eligible households.
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.
Who manages Academy Homes I?+
Academy Homes I is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Academy Homes I?+
Academy Homes 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.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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