Welcome to Bailey Street! If you’re considering making our vibrant community your new home, you likely have questions about income requirements and property details. We’ve compiled a list of frequently asked questions to help you navigate the application process and understand what Bailey Street apartments offer.
Income Eligibility on Bailey Street
Understanding income eligibility is a crucial first step in your application for a Bailey Street apartment. Here are answers to common income-related questions:
How is household income calculated for Bailey Street apartments?
For Bailey Street apartment applications, household income is calculated based on the total gross income of all household members. This includes commissions, bonuses, and any other regular payments, which are all considered part of your gross annual income. It’s important to provide a complete picture of your financial situation to ensure accurate assessment of your eligibility for Bailey Street residences.
What if I didn’t file taxes last year? Do I need tax returns for Bailey Street applications?
If you didn’t file taxes last year, you’ll need to provide a Verification of Non-Filing from the IRS instead of a tax return for your Bailey Street apartment application. To get this verification, simply fill out IRS Form 4506-T and submit it to the IRS by mail or in person at an IRS office. The IRS will then mail you a verification letter, which you should include with your income documents when you submit them to the marketing agent for Bailey Street properties. You can download Form 4506-T from the IRS website.
What happens if I got a pay raise after applying but before income certification for a Bailey Street apartment?
Income eligibility for Bailey Street apartments is determined at the time you submit your application to the lottery agent, not later in the process. You must maintain eligibility from the moment you pick up the application through the income certification process. Unfortunately, if your income increases after applying and exceeds the income limit for the Bailey Street unit you applied for, you will no longer be eligible for that specific unit. It’s important to consider potential income changes when applying for housing on Bailey Street.
Do my children’s income affect my Bailey Street apartment application?
Income from children who are under 18 years old and in school or college is not included when calculating your household income for Bailey Street apartment applications. This ensures that families with students are not unfairly penalized in the application process for Bailey Street residences.
Are student loans considered income for Bailey Street apartment eligibility?
No, student loans are not considered income and cannot be used to meet income qualification requirements for Bailey Street apartments. Student loans are viewed as financial aid, not income, when assessing eligibility for housing in the Bailey Street area.
I am separated from my spouse. Does this impact my Bailey Street apartment application?
For Bailey Street apartment applications, legally married couples are considered part of the same household, even if they are separated. If you have specific questions about this policy and how it applies to your Bailey Street application, please consult directly with the marketing agent or seller for clarification.
How can I appeal an income eligibility decision for a Bailey Street apartment?
If your Bailey Street apartment application is rejected due to income ineligibility, you will receive a formal rejection letter in writing. You have a 7-day window from the date of the letter to appeal the decision. Details on the appeals process will be included in your rejection letter, or you can inquire with the marketing agent for Bailey Street properties.
Property Details for Bailey Street Apartments
Once you understand the income requirements, you’ll want to know more about the Bailey Street apartments themselves. Here are answers to common property-related questions:
What are the move-in costs for Bailey Street apartments?
The standard move-in fees for Bailey Street apartments include the first month’s rent and a security deposit equal to one month’s rent. These costs are typical for rental properties in the Bailey Street area and ensure a smooth transition into your new home.
Which utilities are included in my Bailey Street apartment rent?
Rent for Bailey Street apartments includes water and sewer services. Tenants are responsible for all other utilities, including electricity (for heating, cooling, hot water, laundry, and cooking) and optional cable/internet services. Please note that gas is not a utility at this property, which is common for many modern buildings on Bailey Street.
Are the stoves in Bailey Street apartments electric or gas?
The stoves in Bailey Street apartments are electric. This is consistent with modern safety standards and building infrastructure in the Bailey Street area.
Do Bailey Street apartments include a washer and dryer?
Yes, each Bailey Street apartment includes its own in-unit, electric washer and dryer. This convenient amenity is a significant benefit for residents and adds to the appeal of Bailey Street living.
Is parking available for Bailey Street residents?
Limited off-street surface parking is available for Bailey Street residents. There are 8 parking spaces that can be rented on a first-come, first-served basis for an additional monthly fee of $300. It’s important to note that due to the City of Boston’s Compact Living Policy Pilot, residents of this Bailey Street development are not eligible to obtain residential parking permits. This will be explicitly communicated to you by management before you sign your lease, ensuring full transparency about parking on Bailey Street.
Is storage available at Bailey Street apartments?
Additional storage units are not included with Bailey Street apartments and are not available for rent or purchase. Residents should plan their storage needs accordingly when moving to Bailey Street.
What is the pet policy for Bailey Street apartments?
Unfortunately, pets are not allowed in Bailey Street apartments. This is a building-wide policy designed to ensure a comfortable and allergy-free environment for all residents.
If you have any further questions about Bailey Street apartments, please don’t hesitate to reach out using the contact form or the contact information provided below. We are here to help you find your perfect home on Bailey Street!
