Hotel Raymond Apartments

35 Day St, Fitchburg, Massachusetts 1420

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Hotel Raymond Apartments is managed by Cornerstone Corporation.

Hotel Raymond is an affordable housing community in Fitchburg, MA. Our amenities include a computer center, a community room, and we are close to downtown, public transportation, dining and shopping centers. Rent includes all utilities. Please call our site manager for more information.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Call for Price
Two Bedroom (2/1) - Call for Price
Three Bedroom (3/1) - Call for Price

Eligibility for Hotel Raymond Apartments

Hotel Raymond Apartments Details

  • 73 one, two and three bedroom units.
  • High Rise
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 8 Project-Based Rental Assistance (PBRA)
  • Section 221 (d) (3)

Property Amenities

  • Controlled Access
  • Community Room
  • Laundry Room
  • 24hr Emergency Maintenance

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Spacious Closets
  • Window Coverings
  • Carpet

Nearby Amenities

  • Close to Dining
  • Close to Downtown District
  • Close to Public Transportation
  • Close to Shopping
  • Near Hospital
  • Near Schools
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.

Section 8 Project-Based Rental Assistance (PBRA)

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.

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