Kenwyn & Quadrangle Apartments

413 Belmont Ave, Springfield, Massachusetts 01108

6 Kenwood Park and 413-415 Belmont Avenue/114-118, 120-130 Byers Street and 103 Pearl Street, Springfield, MA 01105

Kenwyn and Quadrangle is a 60-unit, two property project redeveloped in 2015. Kenwyn Apartments include 27 units of affordable housing for families. Quadrangle Court Apartments include 33 family rental units. Funding for the most recent renovations and upgrades included State and Federal Low Income Housing Tax Credits, City of Springfield CDBG Funds, State and Federal Historic Rehabilitation Tax Credits, Massachusetts Housing Partnership, and Bank of America Merrill Lynch.

Eligibility for Kenwyn & Quadrangle Apartments

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 Springfield but actual income limits may differ for units at Kenwyn & Quadrangle Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$34,900	$39,850	$44,850	$49,800	$53,800	$57,800	$61,800	$65,750
Low Income (60%)	$41,880	$47,820	$53,820	$59,760	$64,560	$69,360	$74,160	$78,900

Kenwyn & Quadrangle Apartments Details

27 bedroom units.
Low-Income Housing Tax Credit (LIHTC)

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.