Acadia Apartments

242 Spencer Avenue, Chelsea, MA 02150

Waiting List Forecast: Likely Short or None

check_circleVerified for 2022 by Lorena Bentley
Rent Beds Baths SqFt
Call for Rents Floorplan Info Upon Request - -
check_circle  Transitional Housing for the Homeless
check_circle  Family and Senior
check_circle  Affordable

Waitlist Forecast

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.

Acadia offers 34 family apartments. 

Dave's Thoughts On Acadia Apartments

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 Acadia Apartments 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.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Acadia Apartments Amenities

  • Central Air
  • Heat and Hot Water Included
  • Smoke Free

Income Qualification for Acadia Apartments

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people 7 people 8 people
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

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Acadia Apartments

Does Acadia Apartments have a waiting list?

Acadia Apartments 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 Acadia Apartments ?

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 Acadia Apartments ?

Acadia Apartments is managed by WinnCompanies headquartered in Boston, Massachusetts.

In addition to Acadia Apartments , how many other affordable housing properties (and units) are there in Chelsea?

In addition to Acadia Apartments , we list 47 other affordable properties in Chelsea. Learn about these properties here. Our data research shows that there are a total of 2007 affordable units in Chelsea.

Listings Near Acadia Apartments

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Keystone Apartments

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payment Subsidized

Senior Living on Bellingham Hill

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payment Subsidized
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Harbor Light

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The Greenhouse Apartments

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Winnisimmet Street 102 - 104

102 Winnisimmet St, Chelsea, Massachusetts 2150

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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