Affordable Housing

Affordable apartments that will be ready for occupancy Aug 2020!

Affordable Application

Overview

North 116 Flats is located just north of the Town of Amherst and the UMass Campus. North 116 Flats (Sugarbush Meadows LLC) has 38 affordable apartments that will be ready for occupancy Aug 2020! All affordable apartments will be rented to households with incomes at or below 80% of the area median income.

The 18-acre property will consist of 1-bedroom, 2-bedroom, and 3-bedroom units and will include an expansive 8,000 SF clubhouse complete with a 24/7 fitness center, yoga studio, other community spaces, and onsite leasing and management.

Outdoor amenities include outdoor rec lawn equipped with grilling stations, property dog park, and a fire pit! All units will include granite countertops, faux hardwood floors, and in-unit washer/dryers.

Rent

  • 1 Bedrooms: $1,243 to $1,331
  • 2 Bedrooms: $1,420 to $1,597
  • 3 Bedrooms: $1,598 to $1,845

Rent includes heat, hot water and electricity.

Maximum Allowed Income

  • 1 Person Household: $49,700
  • 2 person Household: $56,800
  • 3 person Household: $63,900
  • 4 person Household: $70,950
  • 5 person Household: $76,650
  • 6 person Household: $82,350

Rents and Income Limits are based on U.S. Department of Housing and Urban Development (HUD) rent and income limits for 2019, which are effective until new income limits for 2020 are published by HUD (typically in mid to late March of 2020).

Lottery Information & Application

Applicants interested in the affordable apartments at North 116 Flats should submit a completed Lottery Application in person or via mail to Asset Living, 235 Triangle Street, Amherst, MA, 01002. Completed applications may also be faxed to (413) 895-6439 or emailed to north116flats@assetliving.com.

If you are eligible for the affordable apartments based on the information you provide on the Lottery Application, you will be entered into the lottery drawing. The Lottery will establish the order of the waiting lists. Shortly after the lottery drawing the Leasing Office will begin contacting applicants at the top of the lists to start the screening process for the affordable apartments. During the screening process, applicants will need to provide their income, asset and tax documentation.

Important Dates

Thursday, December 19, 2019
Application Distribution will begin

Thursday, January 30, 2020 @ 6:00PM
Information Session: 235 Triangle Street, Amherst, MA, 01002

Thursday, February 27, 2020
Last Day to Submit Application for Lottery Drawing

Thursday, March 26, 2020 @ 6:00PM
Lottery Drawing

*Please be aware the 40B program has restrictions on affordable units being leased to student households. For more information on the restrictions please consult the information packet.

Tenant Selection Plan
Information Packet