Traders Row – Affordable Housing Lottery
August 17, 2021
45 Traders Way, Salem, MA
Seven 1BRs @ $1,844*, Fourteen 2BRs @ $2,034*
*Rents subject to change in 2022. Tenants will be responsible for paying electricity costs (including cooking, heating, hot water). Water and sewer and a free parking space are included in rent.
Traders Row is a brand-new development located on 45 Traders Way in Salem. Units are expected to be ready in the Fall of 2021. This community will eventually contain 212 total apartment homes spread out across 7 buildings. Located in historic Salem, Massachusetts, minutes from transit, residents will enjoy convenient proximity to vibrant and trendy downtown Salem, as well as close connections to Boston. There will be 21 affordable apartments within Traders Row that will be rented to households with incomes at or below 80% of the area median income through this application process.
MAXIMUM Household Income Limits:
$70,750 (1 person), $80,850 (2 people),
$90,950 (3 people), $101,050 (4 people)
A Public Info Session will be held on September 13, 2021 at 6pm via YouTube live stream (or search for “SEB Housing” in YouTube and click the link for this property) and via conference call — (425) 436-6200 Code: 862627
Completed Applications and Required Income Documentation must be delivered, or postmarked, by 2pm on October 12, 2021. Applications postmarked by the deadline must be received no later than 5 business days from the deadline.
For Lottery Information and Applications, or for reasonable accommodations for persons with disabilities, go to www.sebhousing.com or call (617) 782-6900 x1 and leave a message or postal mail SEB Housing, 27 Hillside Ave, Needham, MA 02494. For TTY Services dial 711. Free translation available. Traducción gratuita disponible.
For more information, visit the website.