About This Property
The Zelma Lacey House comprises 66 units in Charlestown, with 33 designated as low-income housing serving elderly and homeless populations. The property, placed in service in 2004, contains 49 studio units and 17 one-bedroom units and utilizes 4% Low-Income Housing Tax Credits along with HOME funds, tax-exempt bonds, and FHA financing.
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 Charlestown, 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 Zelma Lacey House is typically 30% of household income or less.
What size apartments are available at Zelma Lacey House?+
Zelma Lacey House offers the following unit types: 49 Studio, 17 One-Bedroom units, for a total of 66 units.
Who is eligible to live at Zelma Lacey House?+
Zelma Lacey House primarily serves elderly residents, formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Zelma Lacey House?+
Zelma Lacey House 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 Zelma Lacey House?+
Zelma Lacey House 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 Charlestown, MA?+
Based on Fair Market Rent for Suffolk County, the estimated price range is: 1-bedroom: $2377. Actual rent at Zelma Lacey House 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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