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40b-housing

40b-housing

Modern apartments at affordable rates

Enjoy the best of both worlds at
The Point at Woburn

We believe everyone should have the right to a decent and suitable living environment in the neighborhood in which they live and work. As a way to support this initiative, we offer a select number of luxury apartment homes at a reduced price to those who qualify for 40B housing, in accordance with state law. Eligible prospects can choose from an open concept style studio, one, two or three bedroom apartment equipped with upgraded appliances and a full-size washer and dryer.

Curious if you are eligible?

Pricing:

ApartmentMonthly Rent
Studio$2,238
1 Bedroom$2,543
2 Bedroom$2,843
3 Bedroom$3,144

To be eligible to lease an affordable unit, the combined annual income for all income sources of all income-earning members in the household must be at or below eighty percent of median income for Boston HMFA. All sources of income are counted, see below for more details:

Household SizeMaximum Income Limit
1$96,000
2$109,700
3$123,400
4$137,100