Machado House at Peters Grove
11 Lake Street, Hudson, Massachusetts 01749
Contact Machado House at Peters Grove
Machado House at Peters Grove is managed by State Street Development Management Corp..
Machado House at Peter's Grove is Nestled amongst birch and elm trees offering comfortable country living, just minutes from downtown Hudson. Conveniently located within walking distance of shops, banks, and churches, the Machado House at Peter's Grove offers elderly %28age 62 or older%29, handicapped, and disabled persons the opportunity to live in carefree comfort at rents which are based on their income. Ten units are two bedrooms that have been set aside for use by families.
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Efficiency (Studio/1) | - | Call for Price |
| One Bedroom (1/1) | - | Call for Price |
| One Bedroom (Wheel Chair Accessible) (1/1) | - | Call for Price |
Eligibility for Machado House at Peters Grove
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 Hudson but actual income limits may differ for units at Machado House at Peters Grove.
| 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 Hudson but actual income limits may differ for units at Machado House at Peters Grove.
| 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 |
Machado House at Peters Grove Details
- 96 studio and one bedroom units.
- Section 8 Project-Based Rental Assistance (PBRA)
- Low-Income Housing Tax Credit (LIHTC)
- Section 221 (d) (3)
Property Amenities
- Community Room
- On-Site Manager
Unit Amenities
- Air Conditioning
- Garbage Disposal
- Carpet
- Refrigerator
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.
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.
Images of Machado House at Peters Grove
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