Affordable Housing Lottery
330-350 Pleasant Street, Watertown, MA
65% AMI Affordable Units: Five 1BRs @ $1,470*
80% AMI Affordable Units: Three 1BRs @ $1,731*; Six 2BRs @ $1,908*; One 3BR @ $2,085*
*Rents subject to change. Rents include sewer, but do not include gas, electricity (cooking, general, hot water) or cold water.
One garage parking spot included in the rent.
Watermills is a new 99 unit rental community located on 330-350 Pleasant Street. 15 affordable apartments will be made available through this process. Units at the complex are designed with an individual attention to maximizing space and natural light. Units have in unit washer/dryers, wide plank flooring throughout, stainless steel appliances, designer kitchens and granite counters, and central air. Units are pet friendly (pet restrictions apply). Elevators are conveniently located in opposite areas of the development and the units are spread out and contained within three separate buildings that are connected with enclosed bridge structures, which further emphasizes the creative and colorful design conducive for maximizing interior space and light. Other features provided for at Watermills include ample bike storage, future self-storage options, electric car chargers, and a gym.
80% AMI Units MAXIMUM Household Income Limits:
$67,400 (1 person) $77,000 (2 people) $86,650 (3 people)
$96,250 (4 people) $103,950 (5 people) $111,650 (6 people)
65% AMI Units MAXIMUM Household Income Limits:
$58,240 (1 person) $66,560 (2 people) $74,880 (3 people),
$83,135 (4 people) $89,830 (5 people) $96,460 (6 people)
A Public Info Session will be held on October 6th, 2020 at 6:00pm via YouTube at https://youtu.be/maOY1wRL660 (or just search for SEB Housing in YouTube and click thumbnail for Watermills) and via Conference Call – (425) 436-6200, Code: 862627, where questions about the lottery and the development can be addressed directly.
Completed Applications must be delivered, or postmarked, by 2 pm on November 3rd, 2020. Applications postmarked by the deadline must be received no later than 5 business days from the deadline.
The Lottery for eligible households will be held on November 16th, 2020 at 6 pm.
For Lottery Information and Applications, or for reasonable accommodations for persons with disabilities, go to www.sebhousing.com or call (617) 782-6900×1 and leave a message or postal mail SEB Housing, 257 Hillside Ave, Needham MA 02494. For TTY Services dial 711. Free translation available. Traducción gratuita disponible.
Equal Housing Opportunity