Stanford Avenue Apartments is managed by Barker Management Incorporated(BMI).
Stanford Ave Apartments is an 85-apartment new residential building, comprising of two buildings which are threestoried, and has 93 parking spaces. Each unit has a balcony and the building has a central courtyard. There will be
two onsite managers and supportive services for all units will be provided by Housing Works.
Thirty (30) apartments are reserved for low-income households who earn between 30% to 60% of the Area Median
Income(AMI). Household sizes will range from two to seven people with annual household incomes up to
$73,020. Note: Income and Rent limits are adjusted each year by the State to account for economic factors
such as inflation (for current income limits, refer to the table below).
• Supportive services, provided at no cost: Onsite case management, financial literacy, and linkages to ESL,
GED classes, healthcare and wellness classes.
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.