252 Massachusetts Avenue , Arlington, MA 02474
Waiting List Forecast: Likely Short or None
Verified for 2026 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Studio - 3 Beds | 1 Bath | - |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
A brand new mixed-income community of 1, 2 and 3 bedroom apartments located at two convenient locations in Arlington.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Downing Square Broadway Initiative does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 20/50 election, this property has agreed to set aside at least 20% of its units for families and individuals earning 50% of Area Median Income (AMI). Many of these properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with very low incomes.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Studio (Studio/1) | - | Call for Price† |
| One Bedroom (1/1) | - | Call for Price† |
| Two Bedroom (2/1) | - | Call for Price† |
| Three Bedroom (3/1) | - | Call for Price† |
Does Downing Square Broadway Initiative have a waiting list?
Downing Square Broadway Initiative probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Downing Square Broadway Initiative?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Downing Square Broadway Initiative?
Downing Square Broadway Initiative is managed by Peabody Properties, Inc. headquartered in Braintree, Massachusetts.
In addition to Downing Square Broadway Initiative, how many other affordable housing properties (and units) are there in Arlington?
In addition to Downing Square Broadway Initiative, we list 3 other affordable properties in Arlington. Learn about these properties here. Our data research shows that there are a total of 168 affordable units in Arlington.
When was the Downing Square Broadway Initiative listing last updated?
Downing Square Broadway Initiative listing on Affordable Housing Online was last updated on 07/06/2026 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
252 Massachusetts Ave, Arlington, Massachusetts 02474
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