Van Ness Terrace is managed by Peabody Properties, Inc..
Van Ness Terrace in Roxbury, Massachusetts features fifty - studio, one, two, three and four bedroom apartment homes. This historic Dudley Square neighborhood, is located in the “heart and soul” of Roxbury, with its rich history and cultural diversity. The neighborhood is currently undergoing a revitalization with new shops and restaurants filling the space in the Bruce C. Bolling Municipal Building.
In addition, the area enjoys a great variety of open spaces – Franklin Park and the Emerald Necklace Park with ball fields, picnic areas and play areas. Transportation in and around the city is easy via nearby Dudley Street MBTA station as well as convenient highway access to get your where you need to be.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/1) | 610 | Call for Price |
1 Bedroom (1/1) | 710 | Call for Price |
2 Bedroom (2/1) | 1062 | Call for Price |
2 Bedroom (2/1.5) | 1062 | Call for Price |
3 Bedroom (3/1.5) | 1072 | Call for Price |
4 Bedroom (4/2) | 1850 | 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 the Low-Income Housing Tax Credit program in Dorchester but actual income limits may differ for units at Van Ness Terrace.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $35,850 | $40,950 | $46,050 | $51,150 | $55,250 | $59,350 | $63,450 | $67,550 |
Low Income (60%) | $43,020 | $49,140 | $55,260 | $61,380 | $66,300 | $71,220 | $76,140 | $81,060 |
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.