The Preserve at Olmsted Green

84 West Main Street
Mattapan, MA 02124
United States

Price:
$420k
Bedrooms:
2
Accessible:
No
Main Listing Image

 

Property Overview

Property Facts:

Property Type:
Townhouse
Condo Fee:
$331.89
Year Built:
2024

The Preserve at Olmsted Green is a one-of-a-kind 42-acre landscaped community located just 6 miles to downtown Boston, which offers apartments for rent, homeownership opportunity, and a mix of smartly designed flats and townhomes with private backyards and lush landscapes. Its uniquely designed neighborhoods feature abundant greenspace, landscapes, and lawns.

The final units being marketed are 120% AMI units. They are First-Come, First-Served (FCFS) units, NOT Lottery units.

 

Property Details

Amenities:

  • Bike Storage
  • Parking Included
  • Fitness Center
  • Mail & Package Lockers
  • Clubhouse
  • Barbecue Patio
  • Walking Trails
  • Wood Plank Flooring
  • Granite Kitchen Countertops
  • In-Unit Washer & Dryer
  • Private Patio or Balcony

Unit Details

Basement:
No
Appliances:
Dishwasher
Garbage Disposal
Microwave
Refrigerator
Stove/Oven
Washer/Dryer
Listing Garage Parking
Garage Parking:
There is no garage parking.
Heating type:
Gas
Air Conditioning:
Yes
Pets allowed:
Yes
Pet Restrictions:
No more than 2 pets per unit. Pets must be under 50 pounds.
 

Eligibility Information

Income limits:
120% AMI (Area Median Income)
Asset limits:
100,000
Must be first time homebuyer:
Yes
Age Restrictions:
No restriction
 
 

Application Information

Application Type:
First Come First Served
 
Application Process:

How is my income calculated?
The household income is calculated based on the gross income of the household. Commissions, bonuses and other regular payments are included and considered part of the gross annual income.

I didn’t file taxes last year. What do I need to provide?
Individuals or households who did not file taxes must provide a verification of non-filing from the IRS in lieu of a tax return. To obtain the verification of non-filing, applicants should fill out a 4506-T form and file it by mail or hand-deliver it to an IRS office. The IRS will mail back a letter of verification which must be provided with the income materials given to the marketing agent. See the IRS website to download a 4506-T form.

I received a pay raise between the time I picked up an application and the time I was income certified and now I am over the income limit. What do I do?
Income is calculated at the time the applicant submits an application to the lottery agent, not during the application process or at the time of the lottery. Eligibility must be maintained from the time of the application pick up until after income certification verification. Unfortunately, if an applicant’s income is over the income limit, the applicant will not be eligible for the particular unit for which they applied.

I have children in school/college, how does this affect my application?
Income from children in school/college under the age of 18 is not considered towards the income of the household.

Are student loans considered income?
Student loans are not considered income and may not be used to income qualify.

I am separated from my spouse, does this affect my application?
Legally married couples shall both be considered part of the household, even if separated. Applicants with additional questions regarding this policy must speak with the marketing agent/seller.

I would like to appeal a decision regarding income eligibility. How do I appeal? Applicants who are rejected will receive a rejection letter in writing and will be given 7 days for the opportunity to appeal the decision.

Application link https://maloneyproperties.jotform.com/240926997420970
Brochure Website: https://www.maloneyaffordable.com/condominiums/the-preserve-at-olmsted-green/
Monitoring/Lottery Agent or Property Manager
Maloney Properties
Contact
Maloney Properties
Phone
+1 617-639-3064