The Stearns is managed by Schochet Companies.
Originally built in 1909, the renovated R.H. Stearns department store is a cornerstone of downtown Boston’s former shopping district. The building, with high, intricately designed ceilings, and sturdy Roman-style columns, was developed in the beaux art style of architecture, which was very common in the early 1900s. It was added to Massachusetts’ Registry of Historic places in 1980.
Today, the 11 floor Stearns building houses 140 units for senior and disabled residents and is a smoke free building with 2 restaurants, a Nail Salon and a Hearing Aid Store.
Overlooking Boston Common, the start of the famed Freedom Trail, and one of the oldest public parks in the country, residents are within walking distance to many attractions city living has to offer, including theaters, historic sites, shops, restaurants and hospitals, all easily and conveniently accessible by Boston’s public transportation system.
Spacious studios and one bedroom apartments contain all standard appliances, wall to wall carpeting, emergency medical pull stations, and a tenant controlled, central air conditioning and heating system.
The onsite management office offers onsite Resident Service Coordinator, security guard, intercom system, and 24 hour emergency maintenance for your safety.
The New England Affordable Housing Management Association has recognized The Stearns as a Community of Quality. A Community of Quality is certified as having achieved a high standard of excellence in the way they are managed, the services they provide residents, the experience and training of personnel, and other criteria.
The Stearns is a smoke-free community.
Studio and One Bedroom Apartments Include:
Building Amenities Include:
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/1) | - | Call for Price |
One Bedroom (1/1) | - | Call for Price |
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Boston but actual income limits may differ for units at The Stearns.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $31,150 | $35,600 | $40,050 | $44,500 | $48,100 | $51,650 | $55,200 | $58,750 |
50% | $51,950 | $59,400 | $66,800 | $74,200 | $80,150 | $86,100 | $92,050 | $97,950 |
80% | $82,950 | $94,800 | $106,650 | $118,450 | $127,950 | $137,450 | $146,900 | $156,400 |
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Boston but actual income limits may differ for units at The Stearns.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $51,950 | $59,400 | $66,800 | $74,200 | $80,150 | $86,100 | $92,050 | $97,950 |
Low Income (60%) | $62,340 | $71,280 | $80,160 | $89,040 | $96,180 | $103,320 | $110,460 | $117,540 |
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.
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.