Affordable Housing Programs:

Rental Housing Development

New Rental Housing Opportunity Coming Spring 2011
Elm Place - 1066 Cambridge Street

Elm PlaceJAS is proud to announce a new affordable rental housing opportunity in Cambridge coming next Spring. Elm Place is at the corner of Cambridge and Elm Streets in the Wellington-Harrington neighborhood and will include 19 affordable units and one retail space. The building which is just a few blocks east of Inman Square is currently under construction. It is designed as a four story building with 3 one-bedroom, 10 two-bedroom and 6 three-bedroom units.

Amenities

  • Spacious, well-lit appartments
  • EnergyStar Appliances
  • Individual high efficiency heat and A.C. systems
  • Elevator
  • Central laundry room
  • Off-street parking

Rent

The marketing for residential units will start in November 2010. Rental rates are currently set as follows:

Equal Housing Opportunity

One Bedroom

$836 / month

Two Bedroom

$1,015 / month

Three Bedroom

$1,173 / month

(Tenants pay for heat, hot water & electricity)

Income Requirements

To be eligible household income must be below the following limits:

Family Size

One

Two

Three

Four

Five

Six

Max. Income

$38,580

$44,100

$49,620

$55,080

$59,520

$63,900

Residential Inquiries call Robert MacArthur 617-494-0444 x 321 or email robertmacarthur@justastart.org

Retail Opening Cambridge Street Storefront with 768 s.f. ground floor & 700 s.f. basement level space. Ideal for small café with outside tables or other small retail use. Contact Robert MacArthur 617-494-0444 x 321 robertmacarthur@justastart.org

Other Rental Opportunities

JAS develops and owns affordable rental housing targeted for lower income households. These units are managed by two management companies. SC Management Company manages the 273-unit JAS-affiliated housing at 402 Rindge Avenue (shown right). This is a 100% HUD-funded building with a waiting list that is controlled by HUD and MHFA. The waiting list is opened periodically for applications by specific categories of households, but it is generally closed to new applications. To inquire about vacancies at 402 Rindge Avenue, please call SC Management at 617-876-5855.

All other JAS-affiliated rental units (269 total) are managed by Maloney Properties Inc. The waiting list for these properties is open at all times for new applications. We particularly encourage Section 8 mobile voucher holders to apply for these units. Please call Maloney Properties Inc. at 617-661-7190 to inquire about an application.

Homeownership Development

Just-A-Start develops affordable homes for first-time homebuyers. These units are affordable to families with incomes at 60% - 80% of the area median income. All of the units are purchased pursuant to an Affordable Housing Agreement with the City of Cambridge, allowing the City to repurchase the units when sold at a restricted resale price. Just A Start recently completed a development of 10 condominium units for first time homebuyers located between Central Square and Kendall Square at 823 Main Street.

823 Main Street Condominiums

823 Main Street Condominiums was recently awarded LEED™ Platinum Certification by the U.S. Green Building Council (USGBC) for achievement in green homebuilding and design. LEED™ for Homes is a green home certification system for assuring homes are designed and built to be energy and resource efficient and healthy for occupants. This is Just A Start’s first LEED™ –Leadership in Energy Efficient Design project and is excited to have received the highest LEED™ score, platinum, for its most recent homeownership development.

9 of the 10 units are sold. Applications are still being accepted for the last available 1-Bedroom unit. Eligible applicants must earn below 80% of the Area median Income, which will vary based on household size.

Please see qualifying guidelines for a complete set of eligibility requirements. For more information, please contact the Project Manager Sharon Cowan at 617-494-0444 ext. 340 sharoncowan@justastart.orgDownload an application form, qualifying guidelines, and flyer.

Sale prices:   

Income Limits:

One Bedroom
Type A (+/- 844 SF)

 

$145,000

Family Size

Max Income

1

$46,300

This development is made possible thanks to financing from the City of Cambridge, the Cambridge Affordable Housing Trust, the Massachusetts Department of Community Development, Harvard University, U.S. Department of Housing Urban Development, Community Development Block Grant, and Cambridge Savings Bank.

If you have any questions about the development, please contact Project Manager, Sharon Cowan at 617-494-0444 ext. 340 sharoncowan@justastart.org.

Other recent additions to the City of Cambridge affordable housing stock developed by Just-A-Start include. 


picGateview Condominium
The new affordable homes at Gateview Condominium located at 2495 and 2597 Massachusetts Avenue were fully occupied as of February 1, 2007. With subsidy provided by the City of Cambridge Affordable Housing Trust, and the Massachusetts Affordable Housing Trust Fund, 14 families at 60 – 80% of the area median income have secured housing in a beautifully designed complex nestled in an established North Cambridge neighborhood.

Past Projects

Affordable Homeownership Development Portfolio.
Affordable Rental Development Portfolio.