Westminister Community 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 Section 811.
The property was developed using the HUD Section 811 program which provides housing opportunities for persons with disabilities who
earn less than 50% of the area median income. Westminister Community is among only
131† Massachusetts projects and
2,648† projects across the country that receive assistance through the program.
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 1995.
The property was placed in service in 1997.
51 of 51
units at Westminister Community 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 qualifying it for additional tax credit financing.
Westminister Community 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).
Westminister Community is an apartment community containing 70 rental units.
The property contains 115 bedrooms and based on typical apartment occupancy limits, Westminister Community
is home to not more than 217† persons when fully occupied.
Westminister Community provides rental subsidies to renters. The type of subsidy provided to apartment renters in Boston, MA by this property is Section 811 Rental Assistance.
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 no minimum rent at this property for residents receiving a rent subsidy.
Westminister Community contains a mix of 70 assisted
one and two bedroom apartments for rent. There are 25 One Bedroom and 45 Two Bedroom apartments in this property. The unit mix is 36% One Bedroom and 64% Two Bedroom apartment rentals. The average bedroom size for Westminister Community is 2.25.