Three Affordable Apartments in Kingston, MA
55 Summer Street Apartments
One Bedroom Units $1,376/month 672 sq.ft.
Located at 55 Summer Street in Kingston, MA, in the heart of downtown Kingston, Massachusetts within walking distance of shops, banks, churches and restaurants, and the post office. Commuter rail is 10 minutes away. The property was constructed in 2014 and consists of 18 units with 6 units in each of the 3 buildings. Each unit is assigned 2 parking spaces and consists of 672 SF of living space.
Each unit has an in-unit washer and dryer, oven, dishwasher, and microwave. Two of the units are heated by high efficiency gas fired hot air furnace. The heating system is forced air. One unit has an electric heating system. All units have high efficiency central air conditioning and are on town water and sewer. The unit floors are carpet and tile. The tenant is responsible for electric and gas utilities. The landlord provides a dumpster.
Applications are due no later than 12pm on Friday, April 3, 2020.
Informational meetings were held Kingston Town House at 26 Evergreen Street, Kingston, MA on Tuesday, March 3, 2020 at 6PM and on-site at the Summer Street Apartments on Saturday March 7, 2020 at 11 AM. The lottery will be held at 11 am on Friday, April 10, 2020 at Kingston Town House.
To be eligible for the lottery, households must:
1. Make under 80% of the median income as follows:
2019 Gross Household Income Limits*
1 person: $62,450
2 person: $71,400
3 person: $80,300
4 person: $89,200
5 person: $96,350
6 person: $103,500
*Income limits are subject to change based on annual updated income guidelines.
2. Minimum Income
The household income must be sufficient for the unit to be affordable to the household. Specifically, the monthly rent plus utilities must not equal more than 30% of the household’s gross income. When utilities are paid for by the tenant, a factor approved by the Massachusetts Department of Housing and Community Development is assigned. The utility factor for the 1-BR unit is $133. The landlord is responsible for trash, water and sewer, and hot water. The tenant is responsible for heat, cooking, and electricity.
Although there is no specific asset limit, assets are given an imputed income value that is used in calculating the applicant’s income. The higher of the actual income from the assets or an imputation at .06% of the assets exceeding $5,000 is counted towards the income limit.
In addition, if any member of the household owns a home, that home must be sold prior to entering into this lease according to the time schedule listed below. An applicant cannot own another home, including in trust.