336B Tremont St, Boston, MA 02116
Waiting List Forecast: Likely Long or Closed for Rent Assisted units, and Likely Short or None for other affordable units
Verified for 2020 by Colleen Carter, Ric GresiaRent | Beds | Baths | SqFt |
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Call for Rents† | Floorplan Info Upon Request | - | - |
Since this property is a LIHTC property that may have rental assistance for some or all units, there might be seperate or split waiting lists for rental assistance and non-rental assistance units. In this case, the rental assistance waiting list can be much longer than properties without rental assistance. The non-rental assistance units waiting list is likely much shorter or it may not have a waiting list at all. 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.
New Mass Pike Towers sits on the edge of Chinatown within walking distance of many fine restaurants, shops, medical centers, arts and entertainments. The jewels of Boston are all nearby: the Theater District, the South End, Park Square, the Boston Common, the Boston Public Garden, the Prudential Center, Copley Square, Downtown Crossing and Newbury Street. The site’s two towers stand tall in the busy area, while the four mid-rise buildings nestle into the scene.
In total, the six buildings comprise more than 200,000 square feet of space and 200 units of housing. There are 42 one-bedroom apartments, 142 two-bedroom apartments, and 16 three-bedroom apartments. The property includes a playground for the children and an outdoor parking center for 98 vehicles. In 2015, Trinity Financial created a memorial garden in memory of longtime Property Manager Fannie Kwan.
Trinity Financial bought the property in 2000 and placed deed restrictions on 190 units that guarantee they will remain affordable until 2070. Geared for people earning no more than 60 percent of area median income, there are also 40 units for the very low-income population. These include 22 one-bedroom apartments, 14 two-bedroom apartments, and 4 three-bedroom apartments.
Renovations included new kitchens, hot water and heating systems, ventilation, windows, roofs, landscaping and a redesign of the lobby. In addition, space was created for the residents’ association on the first floor, where 13 commercial spaces are also housed. There is a Day Care Center on site and many others in the vicinity.
The Josiah Quincy School – Upper & Lower Schools, Tufts Medical Center and the Wang YMCA are right around the corner.
The site was re-developed by Trinity and the South Cove Nursing Facilities Foundation, Inc., with input from the Chinese Progressive Association, the Chinatown Resident Association, and the Mass Pike Towers Resident Association.
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. The LIHTC program doesn't provide direct subsidies to the residents, but the owner must set rents affordable to low-income renters in the area. This property does participate in the Section 8 Project-Based Rental Assistance program and your rent would be subsidized and based on your income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. LIHTC properties tend to have shorter waiting lists however, since Mass Pike Towers has a project-based subsidy, the waiting list is likely much longer than other local LIHTC properties. LIHTC properties nationwide are required to accept housing vouchers however, since this property has a Section 8 Project-Based Rental Assistance contract, your Section 8 voucher can not be used here. LIHTC properties were first built in the late 1980's and the LIHTC program funds the renovation of older properties. Because they tend to be newer or renovated, 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 need help paying your rent and are willing to wait for a longer waiting list.
~ Dave Layfield, Founder of Affordable Housing Online
AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
---|---|---|---|---|---|---|---|---|
30% AMI for PBRA Units | $31,150 / year | $35,600 / year | $40,050 / year | $44,500 / year | $48,100 / year | $51,650 / year | $55,200 / year | $58,750 / year |
30% AMI for PBRA Units | $31,150 / year | $35,600 / year | $40,050 / year | $44,500 / year | $48,100 / year | $51,650 / year | $55,200 / year | $58,750 / year |
30% AMI for PBRA Units | $31,150 / year | $35,600 / year | $40,050 / year | $44,500 / year | $48,100 / year | $51,650 / year | $55,200 / year | $58,750 / year |
30% AMI for PBRA Units | $31,150 / year | $35,600 / year | $40,050 / year | $44,500 / year | $48,100 / year | $51,650 / year | $55,200 / year | $58,750 / year |
50% AMI for LIHTC Units | $51,950 / year | $59,400 / year | $66,800 / year | $74,200 / year | $80,150 / year | $86,100 / year | $92,050 / year | $97,950 / year |
50% AMI for LIHTC Units | $51,950 / year | $59,400 / year | $66,800 / year | $74,200 / year | $80,150 / year | $86,100 / year | $92,050 / year | $97,950 / year |
50% AMI for LIHTC Units | $51,950 / year | $59,400 / year | $66,800 / year | $74,200 / year | $80,150 / year | $86,100 / year | $92,050 / year | $97,950 / year |
50% AMI for LIHTC Units | $51,950 / year | $59,400 / year | $66,800 / year | $74,200 / year | $80,150 / year | $86,100 / year | $92,050 / year | $97,950 / year |
50% AMI for PBRA Units | $51,950 / year | $59,400 / year | $66,800 / year | $74,200 / year | $80,150 / year | $86,100 / year | $92,050 / year | $97,950 / year |
50% AMI for PBRA Units | $51,950 / year | $59,400 / year | $66,800 / year | $74,200 / year | $80,150 / year | $86,100 / year | $92,050 / year | $97,950 / year |
50% AMI for PBRA Units | $51,950 / year | $59,400 / year | $66,800 / year | $74,200 / year | $80,150 / year | $86,100 / year | $92,050 / year | $97,950 / year |
50% AMI for PBRA Units | $51,950 / year | $59,400 / year | $66,800 / year | $74,200 / year | $80,150 / year | $86,100 / year | $92,050 / year | $97,950 / year |
60% AMI for LIHTC Units | $62,340 / year | $71,280 / year | $80,160 / year | $89,040 / year | $96,180 / year | $103,320 / year | $110,460 / year | $117,540 / year |
60% AMI for LIHTC Units | $62,340 / year | $71,280 / year | $80,160 / year | $89,040 / year | $96,180 / year | $103,320 / year | $110,460 / year | $117,540 / year |
60% AMI for LIHTC Units | $62,340 / year | $71,280 / year | $80,160 / year | $89,040 / year | $96,180 / year | $103,320 / year | $110,460 / year | $117,540 / year |
60% AMI for LIHTC Units | $62,340 / year | $71,280 / year | $80,160 / year | $89,040 / year | $96,180 / year | $103,320 / year | $110,460 / year | $117,540 / year |
80% AMI for PBRA Units | $82,950 / year | $94,800 / year | $106,650 / year | $118,450 / year | $127,950 / year | $137,450 / year | $146,900 / year | $156,400 / year |
80% AMI for PBRA Units | $82,950 / year | $94,800 / year | $106,650 / year | $118,450 / year | $127,950 / year | $137,450 / year | $146,900 / year | $156,400 / year |
80% AMI for PBRA Units | $82,950 / year | $94,800 / year | $106,650 / year | $118,450 / year | $127,950 / year | $137,450 / year | $146,900 / year | $156,400 / year |
80% AMI for PBRA Units | $82,950 / year | $94,800 / year | $106,650 / year | $118,450 / year | $127,950 / year | $137,450 / year | $146,900 / year | $156,400 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Mass Pike Towers have a waiting list?
Mass Pike Towers probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Mass Pike Towers?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges Mass Pike Towers?
Mass Pike Towers is managed by Trinity Management headquartered in Boston, Massachusetts.
In addition to Mass Pike Towers, how many other affordable housing properties (and units) are there in Boston?
In addition to Mass Pike Towers, we list 420 other affordable properties in Boston. Learn about these properties here. Our data research shows that there are a total of 26258 affordable units in Boston.
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115 Chauncy Street, Boston, Massachusetts 2111
334 Massachusetts Ave., Boston, Massachusetts 02115
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