Bowdoin School
45 Myrtle St
Boston, Suffolk County, Massachusetts 02114

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Funding Programs

Bowdoin School was developed and operates with Federal housing financing. The property utilizes the Project Based Sec. 8 Federal housing program to make rent affordable to lower income tenants.

Section 8

Bowdoin School has a project-based Section 8 contract. 26 of the 35 total units at the property receive Section 8 assistance. This means that 74% of the renter households in the property pay no more than 30% of their adjusted income for rent.

The current Section 8 contract was effective on January 15, 2016 and the contract expires on January 31, 2036. The Section 8 contract rent is 198.4% of the Fair Market Rent for the area. According to the HUD Multifamily database, the fair market rents for the area are $1,261.00 for One Bedroom and $1,567.00 for Two Bedroom.

44% of Massachusetts properties and 26% of all properties across the country have Section 8 rental subsidies. See the Rent Subsidies section for more.

Overview

Bowdoin School is an affordable apartment community located in Boston, Massachusetts which is located in Suffolk County. The property is located in Massachusetts's 7th Congressional District served by Representative Michael Capuano (D), Senator Elizabeth Warren (D) and Senator Edward Markey (D).

Bowdoin School is an apartment community containing 26 rental units. The property contains 36 bedrooms and based on typical apartment occupancy limits, Bowdoin School is home to not more than 64 persons when fully occupied.

Rent Subsidies

Bowdoin School provides rental subsidies to renters. The type of subsidy provided to apartment renters in Boston, MA by this property is Project Based Sec. 8.

This subsidy allows the renter to pay 30% of his or her income for rent while the subsidy pays the difference. To qualify, a renter must earn 50% or less of the Area Median Income.

There is a minimum rent payment of not less than $25 and as much as $50 for all subsidy recipients at this property. That means that even if a renter has zero income, they will still be required to pay rent. In recent years, there have been various legislative proposals to increase the Section 8 minimum rent but advocates make the valid point that minimum rents affect the poorest of the poor.

Unit Mix

Bowdoin School contains a mix of 26 assisted one and two bedroom apartments for rent. There are 16 One Bedroom and 10 Two Bedroom apartments in this property. The unit mix is 62% One Bedroom and 38% Two Bedroom apartment rentals. The average bedroom size for Bowdoin School is 1.03.

Massachusetts's 7th

Congressional District

26

Total Units

26

Project Based Sec. 8 Units

198.4

% of Fair Market Rent

31-Jan-36

Project Based Sec. 8 Contract Expiration

One and Two

Unit Mix

1.03

Average Bedroom Size

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† These counts are estimates based on the data available from HUD. Learn More About Our Data