Veterans Benefits Clrhs
495 Blue Hill Avenue
Boston, Suffolk County, Massachusetts 02121

Call (855) 598-3283, enter extension 20563, then hit #.

Request an Application

Funding Programs

Veterans Benefits Clrhs was developed and operates with Federal housing financing. The property utilizes 2 Federal housing programs to make rent affordable to lower income tenants. These programs are Low Income Housing Tax Credit and Project Based Sec. 8.

Section 8

Veterans Benefits Clrhs has a project-based Section 8 contract. 30 of the 30 total units at the property receive Section 8 assistance. This means that 100% 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 July 01, 2011 and the contract expires on June 30, 2031. The Section 8 contract rent is 121.5% 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, and $1,945.00 for Three 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.

Low Income Housing Tax Credit

The property was developed using the Low Income Housing Tax Credit Program. This program incentivizes investors to inject capital into rental apartments for lower income Americans. The property received a tax credit allocation in 1991. The property was placed in service in 1991. 30 of 30 units at Veterans Benefits Clrhs are low income and subject to the tax credit program. The property, at the time of the tax credit allocation, was located in a Qualified Census Tract and a Difficult Development Area qualifying it for additional tax credit financing.

Overview

Veterans Benefits Clrhs 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).

Veterans Benefits Clrhs is an apartment community containing 30 rental units. The property contains 52 bedrooms and based on typical apartment occupancy limits, Veterans Benefits Clrhs is home to not more than 103 persons when fully occupied.

Rent Subsidies

Veterans Benefits Clrhs 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

Veterans Benefits Clrhs contains a mix of 30 assisted studio, one, two, and three bedroom apartments for rent. There are 4 Studio, 10 One Bedroom, 6 Two Bedroom, and 10 Three Bedroom apartments in this property. The unit mix is 13% Studio, 33% One Bedroom, 20% Two Bedroom, and 33% Three Bedroom apartment rentals. The average bedroom size for Veterans Benefits Clrhs is 1.73.

Massachusetts's 7th

Congressional District

30

Total Units

30

Tax Credit Units

30

Project Based Sec. 8 Units

121.5

% of Fair Market Rent

30-Jun-31

Project Based Sec. 8 Contract Expiration

Studio, One, Two, and Three

Unit Mix

1.73

Average Bedroom Size

Find More in Boston

Search Nearby Affordable Housing

Find More in Suffolk County

Search Nearby Affordable Housing

Find More in Massachusetts

Search Nearby Affordable Housing

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