Bradley Properties
336 Shawmut Ave
Boston, Suffolk County, Massachusetts 02118

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Funding Programs

Bradley Properties 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

Bradley Properties has a project-based Section 8 contract. 70 of the 71 total units at the property receive Section 8 assistance. This means that 99% 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 March 01, 2014 and the contract expires on February 28, 2019. The Section 8 contract rent is 105% of the Fair Market Rent for the area. According to the HUD Multifamily database, the fair market rents for the area are $1,056.00 for Zero Bedroom, $1,261.00 for One Bedroom, $1,567.00 for Two Bedroom, $1,945.00 for Three Bedroom, and $2,148.00 for Four 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

Bradley Properties 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).

Bradley Properties is an apartment community containing 70 rental units. The property contains 107 bedrooms and based on typical apartment occupancy limits, Bradley Properties is home to not more than 220 persons when fully occupied.

Rent Subsidies

Bradley Properties 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

Bradley Properties contains a mix of 70 assisted studio, one, two, three, and four bedroom apartments for rent. There are 14 Studio, 16 One Bedroom, 30 Two Bedroom, 9 Three Bedroom, and 1 Four Bedroom apartments in this property. The unit mix is 20% Studio, 23% One Bedroom, 43% Two Bedroom, 13% Three Bedroom, and 1% Four Bedroom apartment rentals. The average bedroom size for Bradley Properties is 1.51.

Massachusetts's 7th

Congressional District

70

Total Units

70

Project Based Sec. 8 Units

105

% of Fair Market Rent

28-Feb-19

Project Based Sec. 8 Contract Expiration

Studio, One, Two, Three, and Four

Unit Mix

1.51

Average Bedroom Size

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