Cutler Heights is managed by Corcoran Management Company.
Thirty brand new apartment homes in the Town of Holliston make up a three and a half story building located behind the Holliston Town Hall. Built into a hill, the building includes an underground parking garage that provides some of the parking for the residents. When finished, the building will feature a community Social/Study Center. Apartment styles will include a one bedroom, twenty three two bedrooms and six three bedrooms finished with dark wood laminate flooring in the living areas and carpeting in the bedrooms. Each apartment will have a private washer and dryer. Application available upon request, please call for more information.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Two Bedroom (2/1) | 915 | Call for Price |
Three Bedroom (3/2) | 1020 | 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 Holliston but actual income limits may differ for units at Cutler Heights.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $51,950 | $59,400 | $66,800 | $74,200 | $80,150 | $86,100 |
Low Income (60%) | $62,340 | $71,280 | $80,160 | $89,040 | $96,180 | $103,320 |
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.