225 Centre

225 Centre Street, Boston, Massachusetts 02119

Contact 225 Centre

Inspired by the historic neighborhood it surrounds, 225 Centre is an enticing blend of classic brick and modern architecture. Located in the heart of trendy Jackson Square, you’ll enjoy a diverse night life, restaurants of all tastes, boutique shopping and unique coffee houses. Jackson Square continues to undergo revitalization and re-birth and enjoys a variety of commuting options - MBTA Orange Line or Southwest Corridor bike path, right outside your door. Spend a few days exploring the area and you’ll soon understand why you could never imagine living anywhere else.

Eligibility for 225 Centre

225 Centre Details

103 bedroom units.
High Rise
FHA Mortgage Insurance/subsidy
HOME Investment Partnerships Program
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

Low-Income Housing Tax Credit (LIHTC)

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.