I’ve been waiting for this opportunity for years, and I finally got it! From the beginning to the end I had an amazing experience. The process was smooth and super fast. I’m a very happy tenant!
Over 35 years of making people
Home Happy
We are proud to be “people people” of Real Estate in New England for over 35 years. We strive everyday to enhance lives and communities by providing innovative solutions to help you buy, sell or rent your home, manage your property and enhance your community. Let’s talk about how we can help you today.
Over 35 years of making people
Home Happy
We are proud to be “people people” of Real Estate in New England for over 35 years. We strive everyday to enhance lives and communities by providing innovative solutions to help you buy, sell or rent your home, manage your property and enhance your community. Let’s talk about how we can help you today.
I’ve been waiting for this opportunity for years, and I finally got it! From the beginning to the end I had an amazing experience. The process was smooth and super fast. I’m a very happy tenant!
FEATURED LOTTERY
Essex Landing in Saugus, MA
Maloney Real Estate will be conducting a lottery for 8 income restricted one-bedroom rental units located at 1595 Broadway and 44 Collins Ave in Saugus, MA. The location is a mixed-use development on the current site of Route 1 Miniature Golf & Batting Cages. The price and income restrictions, in the 80% AMI category, are set by the Department of Housing & Community Development (DHCD).
Application Deadline: May 15, 2020
Sign up for alerts about our BPDA (BRA) and DND Affordable Condos and Rentals
The Benefits
Affordable Homeownership
Our real estate experts have in depth knowledge of all the affordable home ownership programs that are offered all over New England. Many of these developments are in luxury housing developments and are available to middle-and moderate-income households. Our expertise and knowledge of these programs have leveraged thousands of real estate closings that bring people “Home Happy”
Reduced Condo Fees
Affordable condos have a lower beneficial interest compared to market rate condos. This means if condo fees go up, they have to follow the beneficial interest % of the condo. This is a huge savings, as many developments are full service and require a condominium association budget.
Resale
When you are ready to resell your affordable condo, our Team will be available to assist you through the process to find an eligible buyer for you.
Rent Savings
These rentals offer you the opportunity to live in a beautiful development at an affordable rate well below market rate rents. Here are the current rent limits.
Our Experience
Our firm has over 20 years’ experience selling affordable condos. We have sold thousands of affordable units throughout the city. This includes lotteries and condo resales.
We Make it Easy
We are committed to fast, professional and courteous personal service to help you understand and feel at ease throughout the selling process. Our trained and certified agents specialize in the Greater Boston real estate market and are prepared to sell your home to the right buyer for the best price.
Marketing Strategy
We have a large database of buyers who are looking for affordable housing and implement a full suite of marketing tactics to get the word out about the sale of your home.
Do I qualify?
The main qualifier for affordable housing assistance is income. When browsing our affordable housing lotteries, you’ll notice a listing of income limits associated with each of the available units. Other qualifiers such as asset caps, full-time student status, housing and criminal history can affect your eligibility for affordable housing assistance as well.
How to apply
Check our upcoming affordable housing lotteries on this page or sign up for alerts so you can be one of the first to learn about new lotteries and their application dates. It is during the posted applications dates that you are able to request and submit an application to participate in each of the lotteries.
