Residences at Andover Street open lottery

TEWKSBURY — An information session will be held virtually on Jan. 22, 2025 at 6 p.m. for those interested in participating in the affordable hou­sing lottery for The Resi­dences at Tewksbury, lo­cated at 1775 Andover St. 35 affordable rental units are ultimately being of­fered as part of the 130 unit conversion of a former extended stay hotel.The lottery, conducted by L.A. Associates on be­half of Sawyer Realty, is for eligible households that have completed the proper application forms and meet the specific in­come and asset requirements.According to the information packet distributed by the town, of the 130 total units, 42 will be ready for occupancy in February 2025. Of the 42, 31 will be market rate units (22 one-bedrooms and nine two-bedrooms); and 11 will be affordable rate units (eight one-bed­rooms and three two-bed­rooms; one one-bedroom will be HC accessible).The remaining 88 units will be ready for occupancy in the spring of 2025.Building amenities in­clude new laundry room, fitness room, community room with working space, new pool, children’s play structure, and pet relief area. Electric utilities are paid by the tenant; landlord pays water and sewer.All units have one parking space. The project includes seven handicap accessible units; two of which will be included in the affordable unit lotteries. Eligible applicants with disabilities in need of accessible units will have first preference for such units.There will be two rental lotteries for the affordable units. For the first lottery, interested parties may obtain an information packet and application at Tewksbury Town Hall, the Tewksbury Pub­lic Library, or from Kris­ten Costa, L.A. Associates, (978) 758-0197, kriscosta@laassoc.com. A subsequent lottery will be an­nounced later in 2025.For this project, the applicant household in­come is required to be at or less than the 80 percent of the Lowell HUD FMR Area Median In­come (AMI) as publish­ed by HUD for total Gross Annual Household Income. These income limits will apply for the initial lottery and rent-up.Gross Annual Household Income includes all wa­ges prior to any deductions from all adult house­hold members. The maximum allowable gross annual household income from all sources, adjusted for household size, may not exceed the following in order to be eligible for the lottery: for one person approximately $68,500, $78,250 for two persons, $88,050 for three persons and $97,800 for four persons, according to the lottery application.Per the packet, a 1-bedroom unit will be offered at $1,681/month and a 2-bedroom unit at $2,000/month. Special note: rents are subject to change in 2025.According to the lottery packet, first preference goes to households re­quiring the total number of bedrooms in the unit providing there is at least one occupant and no more than two occupants per bedroom, that a husband and wife, or those in a similar living arrangement, shall be required to share a bedroom, and other household members may share but shall not be required to share a bedroom.A local preference op­tion will be exercised for 70 percent or eight of the units. This includes Tewks­bury residents, employees of the town, employees of local businesses, and families with children in Tewksbury public schools.The Zoom Meeting ID for the January information meeting is: 850 0504 6825, Passcode: 069684, Call in: (929) 205-6099 The application deadline is Feb. 21, 2025, and all applications must be sent to the Lottery Agent: Kristen Costa, L.A. As­sociates, Inc., 5 Middle­sex Ave., Unit 16, Wilming­ton, MA 01887 via email, fax or USPS mail.Translation services are available free of charge. Applications are available for pickup at Tewks­bury Town Hall, 11 Town Hall Ave. (978) 640-4370 and Tewksbury Public Li­brary, 300 Chandler St. (978) 640-4490.Applications may also be downloaded at the following websites: L.A. Associates, Inc.: www.laassoc.com and www.housingnavigatorma.org