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Applications Now Open for Nine Income-Restricted Apartments at 154 Broadway

Application Period Closes at 5 p.m. on Thursday, August 1, 2024

Mayor Katjana Ballantyne and the Somerville Office of Strategic Planning and Community Development (OSPCD) are pleased to announce that applications are currently being accepted for nine (9) income-restricted apartments at The Guild, located at 154 Broadway. Applications will be accepted until 5 p.m. on Thursday, August 1. 

The Guild consists of nine inclusionary rental units designated for households making at or below 50% AMI, 80% AMI or 110% AMI (Area Median Income). Please note that no utilities included in rent. All utilities are paid for by the tenant (gas is not a utility at this property).

All applications will be reviewed by Maloney Properties. To download an application and learn more, please visit The Guild’s website.

Please see below for more information on the units available.

# of Units Unit Size Square Feet AMI Rent # Built Out for Mobility Impairments # Built Out for Hearing Impairments
3 Studio 385-440 50% $748   1
1 Three-Bedroom 1,123 50% $874 3  
3 Studio 356-448 51-80% $1,418    
1 Studio 440 81-110% $2,088    
1 Three-Bedroom 1,121 81-110% $2,884    
Minimum Income Limits for 50% AMI
Unit Size AMI Household
Studio 50% $21,442
Three-Bedroom 50% $32,163
Maximum Income Limits (Set by HUD, Based on Household Size and AMI
Household Size 50% AMI 51-80% AMI 81-110% AMI
1 $57,100 $57,101-$91,200 $91,201-$125,164
2 $65,300 $65,301-$104,200 $104,201-$143,616
3 $73,450 $73,451-$117,250 $117,251-$161,568
4 $81,600 $81,601-$130,250 $130,251-$179,520
5 $88,150 $88,151-$140,700 $140,701-$193,882
6 $94,700 $94,701-$151,100 $151,101-$208,243

**2024 Area Media Income for the Boston, Quincy, Cambridge, Quincy, MA-NH MSA

Persons with disabilities who need auxiliary aids and services for effective communication (i.e., CART, ASL), written materials in alternative formats, or reasonable modifications in policies and procedures in order to access the programs, activities, and meetings of the City of Somerville should please contact Adrienne Pomeroy at 617-625-6600 x2509 or 

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