SEB Housing

  Once it has an approved Housing Production Plan, the community that meets an annual (or a biennial) target for creating new low- or moderate-income units becomes eligible for a certification of compliance from DHCD. During the certification period, the ZBA may deny a comprehensive permit and its decision will not be overturned by the HAC. (Housing Production Plan certification is one of several “safe harbor” provisions in DHCD’s Chapter 40B regulations. See Chapter 4, Safe Harbors for more information.) The housing production targets are based on the number of year-round units reported in the community’s most recent decennial census. The minimum threshold for a one-year certification is new low- or moderate-income units equal to 0.5 percent of the community’s year-round housing; for a two-year certification, it is 1 percent. The units must have been created within the same calendar year as the date of the community’s certification request to DHCD. More information about the Housi...

Who ends up getting served? The recently released 2011 Household Income Levels for Massachusetts, and the Boston area in particular, have raised significant questions about who is supposed to be helped versus who will actually be helped, based on the HUD figures and the State’s subsidizing agencies’ interpretation of these income categories. Those of us dealing with households at the ground level, ie., assisting in the application process, recognize the dilemma, as follows:  • The Area Median Income for the Boston MSA increased from 2010 to 2011 • The 50% AMI numbers as published by HUD also increased from 2010 to 2011 (because the overall AMI increased) • For properties where rents are calculated from the 50% AMI numbers, this means that rents also increased Now, no MSA can have a higher 80% AMI income limit than the United States 100% AMI number unless the area is designated a “High Housing Cost Area”. But, isn’t it perplexing that by HUD’s strange methodology, Boston is no...

  Application Process Applications for program resources will be reviewed and funds made available to projects on a rolling basis until such time as the CommonWealth Builder funds are committed. Applications must include all sections of the CWB Application (available upon request), which includes the following sections of the OneStop application: ·          Project Description ·          Development Team Summary ·          Sources and Use of Funds ·          Signature Page In addition, applications must also include the following: Site Information Mass Historic Commission Project Notification Form, listing MassHousing CommonWealth Builder funds Environmental Information (including an ESA Phase 1) Evidence of Zoning Approval Evidence of Site Control For condominium projects, a Homeownership Association (HOA) ...

SEB Housing is a  group of  Affordable Housing Consultants in MA , that works with developers and management teams. SEB Housing coordinates with development teams, monitoring agents, and Program Administrators to create a marketing and lottery program that complies with applicable state, federal and local regulations, permits, and conditions. To know more, contact us at 617-782-2300.

SEB Housing is an Affordable Housing Consulting group that works with developers and management teams. Throughout the buyer and tenant selection process, SEB Housing also works closely with prospective homebuyers and tenants to answer questions and manage the application intake and review process. To know more, contact us at 617-782-2300.

SEB Housing is an Affordable Housing  consulting group in MA, that works with developers and management teams. We are an Affordable Housing Consulting group that works with developers and management teams. We have been involved in marketing and executing lotteries and lease-ups and sales of more affordable units than any other lottery agent in the state. To know more, contact us at 617-782-2300.

SEB Housing is an Affordable Housing Consulting group in MA, that works with developers and management teams. We are an Affordable Housing Consulting group that works with developers and management teams. We have been involved in marketing and executing lotteries and lease-ups and sales of more affordable units than any other lottery agent in the state. To know more, contact us at 617-782-2300.

S EB Housing is an Affordable Housing Consulting group that works with developers and management teams. SEB Housing coordinates with development teams, monitoring agents, and Program Administrators to create a marketing and lottery program that complies with applicable state, federal and local regulations, permits and conditions. To know more, contact us at 617-782-2300.