The Two Eight Seven
BPDA Income-Restricted Home Ownership Opportunity
The Two Eight Seven
287 Maverick Street, East Boston, MA 02128
5 INCOME-RESTRICTED HOME OWNERSHIP UNITS
# of Units | # of BR | Estimated Square Footage | Income-restricted Sales Price | # Adapted for Mobility Impairments | Up to or between % AMI
2 | 1 | 740 | $202,900 | 1 | 80%
2 | 1 | 640 – 830 | $269,200 | 0 | 80% – 100%
1 | 2 | 860 | $240,800 | 1 | 80%
MAXIMUM INCOME LIMITS
(set by the BPDA + based on household size + AMI)
Household size | 80% AMI | 100% AMI
1 | $67,700 | $84,600
2 | $77,350 | $96,650
3 | $87,000 | $108,750
4 | $96,650 | $120,800
5 | $104,400 | $130,500
6 | $112,150 | $140,150
MAXIMUM ASSET LIMITS
80% AMI | 100% AMI
$75,000 | $100,000
Does not include retirement. Does include Real Estate
For more on income + asset eligibility, please visit: http://www.bostonplans.org/housing/income,-asset,-and-price-limits
Applications are available during the application period from:
Monday, September 7, 2021 – Wednesday, September 21, 2021
To request and complete the application online, please visit: www.287MaverickLottery.com
To have a hard copy of the application sent to your mailing address, please call: 781-992-5304
After careful consideration and an abundance of caution, the City of Boston has decided to cancel the in-person application distribution period. If you cannot complete the application online, please call us at 781-992-5304, to request that we mail you one and to ask us for any guidance you might need to complete the application.
Fully completed + signed applications must be submitted online or postmarked
no later than September 21, 2021
Maloney Properties, Inc., Attention: 287 Maverick Lottery, 27 Mica Lane, Wellesley MA 02481
- Selection by lottery. Asset, Use & Resale Restrictions apply.
- Preference for households who need the ADA features for people with mobility disabilities
- Preference for Boston Residents.
- Preference for Households With at least One Person Per Bedroom.
- Preference for First-Time Homebuyers.
For more information, language assistance, or to make a request for
reasonable accommodations, please call Maloney Properties, Inc. at
781-992-5304 US Relay 711 | Email: 287Maverick@maloneyproperties.com
Equal Housing Opportunity