414 Chestnut Street, Springfield, MA 01107
Waiting List Forecast: Likely Short or None
Verified for 2021 by Joshua CappellRent | Beds | Baths | SqFt |
---|---|---|---|
Call for Rents† | 1 - 3 Beds | 1 Bath | 703 - 1,059 Sq Ft |
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.
Cumberland Homes offers convenience in living. Located in the North End of Springfield, Cumberland Homes includes eight rehabilitated brownstone buildings. Nearby playgrounds, schools and community centers provide an ideal setting in which to raise a family. A short drive away from Baystate Medical Center, Mercy Hospital, downtown shopping and all city recreational areas, Cumberland Homes offers easy access to downtown transportation as well as accessibility to Interstate 91.
Beacon Communities is proud to announce that Cumberland Homes is now a smoke-free community effective September 1, 2015. Smoke-free means that smoking is not permitted on the property, including apartment homes, common areas, parking lots, landscaped areas or at any Beacon corporate office. Thank you for respecting this smoke-free community.
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 Cumberland Homes 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 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many 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 lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 703ft2 | Call for Price† |
Two Bedroom (2/1) | 942ft2 | Call for Price† |
Three Bedroom (3/1) | 1059ft2 | Call for Price† |
AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
---|---|---|---|---|---|---|
50% AMI for LIHTC Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for LIHTC Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for LIHTC Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for LIHTC Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for LIHTC Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for LIHTC Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for LIHTC Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for LIHTC Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for LIHTC Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for LIHTC Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for LIHTC Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for LIHTC Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for LIHTC Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for LIHTC Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for LIHTC Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for LIHTC Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for LIHTC Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for LIHTC Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for LIHTC Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for LIHTC Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for LIHTC Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for LIHTC Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for LIHTC Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for PBRA Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for PBRA Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for PBRA Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for PBRA Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for PBRA Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for PBRA Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for PBRA Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for PBRA Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for PBRA Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for PBRA Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for PBRA Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for PBRA Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for PBRA Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for PBRA Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for PBRA Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for PBRA Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for PBRA Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for PBRA Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for PBRA Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for PBRA Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for PBRA Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for PBRA Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
50% AMI for PBRA Units | $34,900 / year | $39,850 / year | $44,850 / year | $49,800 / year | $53,800 / year | $57,800 / year |
60% AMI for LIHTC Units | $41,880 / year | $47,820 / year | $53,820 / year | $59,760 / year | $64,560 / year | $69,360 / year |
60% AMI for LIHTC Units | $41,880 / year | $47,820 / year | $53,820 / year | $59,760 / year | $64,560 / year | $69,360 / year |
60% AMI for LIHTC Units | $41,880 / year | $47,820 / year | $53,820 / year | $59,760 / year | $64,560 / year | $69,360 / year |
60% AMI for LIHTC Units | $41,880 / year | $47,820 / year | $53,820 / year | $59,760 / year | $64,560 / year | $69,360 / year |
60% AMI for LIHTC Units | $41,880 / year | $47,820 / year | $53,820 / year | $59,760 / year | $64,560 / year | $69,360 / year |
60% AMI for LIHTC Units | $41,880 / year | $47,820 / year | $53,820 / year | $59,760 / year | $64,560 / year | $69,360 / year |
60% AMI for LIHTC Units | $41,880 / year | $47,820 / year | $53,820 / year | $59,760 / year | $64,560 / year | $69,360 / year |
60% AMI for LIHTC Units | $41,880 / year | $47,820 / year | $53,820 / year | $59,760 / year | $64,560 / year | $69,360 / year |
60% AMI for LIHTC Units | $41,880 / year | $47,820 / year | $53,820 / year | $59,760 / year | $64,560 / year | $69,360 / year |
60% AMI for LIHTC Units | $41,880 / year | $47,820 / year | $53,820 / year | $59,760 / year | $64,560 / year | $69,360 / year |
60% AMI for LIHTC Units | $41,880 / year | $47,820 / year | $53,820 / year | $59,760 / year | $64,560 / year | $69,360 / year |
60% AMI for LIHTC Units | $41,880 / year | $47,820 / year | $53,820 / year | $59,760 / year | $64,560 / year | $69,360 / year |
60% AMI for LIHTC Units | $41,880 / year | $47,820 / year | $53,820 / year | $59,760 / year | $64,560 / year | $69,360 / year |
60% AMI for LIHTC Units | $41,880 / year | $47,820 / year | $53,820 / year | $59,760 / year | $64,560 / year | $69,360 / year |
60% AMI for LIHTC Units | $41,880 / year | $47,820 / year | $53,820 / year | $59,760 / year | $64,560 / year | $69,360 / year |
60% AMI for LIHTC Units | $41,880 / year | $47,820 / year | $53,820 / year | $59,760 / year | $64,560 / year | $69,360 / year |
60% AMI for LIHTC Units | $41,880 / year | $47,820 / year | $53,820 / year | $59,760 / year | $64,560 / year | $69,360 / year |
60% AMI for LIHTC Units | $41,880 / year | $47,820 / year | $53,820 / year | $59,760 / year | $64,560 / year | $69,360 / year |
60% AMI for LIHTC Units | $41,880 / year | $47,820 / year | $53,820 / year | $59,760 / year | $64,560 / year | $69,360 / year |
60% AMI for LIHTC Units | $41,880 / year | $47,820 / year | $53,820 / year | $59,760 / year | $64,560 / year | $69,360 / year |
60% AMI for LIHTC Units | $41,880 / year | $47,820 / year | $53,820 / year | $59,760 / year | $64,560 / year | $69,360 / year |
60% AMI for LIHTC Units | $41,880 / year | $47,820 / year | $53,820 / year | $59,760 / year | $64,560 / year | $69,360 / year |
60% AMI for LIHTC Units | $41,880 / year | $47,820 / year | $53,820 / year | $59,760 / year | $64,560 / year | $69,360 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Cumberland Homes have a waiting list?
Cumberland Homes 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 Cumberland Homes?
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 Cumberland Homes?
Cumberland Homes is managed by Beacon Communities LLC headquartered in Boston, MA.
In addition to Cumberland Homes, how many other affordable housing properties (and units) are there in Springfield?
In addition to Cumberland Homes, we list 111 other affordable properties in Springfield. Learn about these properties here. Our data research shows that there are a total of 8233 affordable units in Springfield.
26 Federal Ct, Springfield, Massachusetts 01105
60 School St, Springfield, Massachusetts 01105
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