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West End Place is an elegant landmark building that overlooks a bustling commercial district in the heart of Boston’s West End neighborhood. The building’s rounded form creates a large, quiet, residential green space within—complete with a pathway leading to the Charles River Esplanade.
West End Place is a mixed-income residential community that includes: 183 apartments, an underground parking garage, street-level commercial units, green spaces, and a museum to preserves the history of the old West End neighborhood. The property opened in 1997, and residential units are organized into two housing cooperatives:
- West End Place One Corporation
A residential cooperative comprised of 82 one, two and three bedroom apartments controlled with low income housing tax credits (LIHTC) of which 58 are subsidized by a project based Section 8 contract. Those shareholders residing in a Section 8 apartment pay 30% of their gross annual income in rent and the balance is paid by The Department of Housing and Urban Development (HUD). The shareholders residing in LIHTC apartments pay a maximum rent which is based on 60% of the Area Median Income (AMI) for the family size published by HUD. The LIHTC rent is fixed, does not fluctuate according to household income; however, it may change according to the AMI. Cooperative One maintains a waitlist for all unit sizes and subsidies. The waitlist has been closed since May 1, 2011 due to high interest. All applicants who are considered for a unit at Cooperative One are certified as being income eligible per HUD and LIHTC regulations.
- West End Place Two Corporation
A residential cooperative comprised of 101 one, two and three bedroom apartments of which 77 are market rate and 24 are affordable. The 24 HOME Fund units are regulated by the Department of Neighborhood Development and sales are restricted to those households who are at or below 80% of area median income. The re-sale price of these units is also restricted. The market rate units are sold on the open market with no restrictions.