Units are set aside for applicants who make 30, 50 and 60 percent of the area’s median income. For a two-person household, a 30 percent income would be $22,650; 50 percent would be $37,800, and 60 percent would be $45,360 (based on 2012 averages).
Rents will vary based on income. Eight units are set aside as Section 8 affordable housing for tenants who make 30 percent of the median income.
In addition to the 51 housing units, the complex will have three retail spaces.
Alberghini said yesterday that construction is on track for residents to move into the complex with the new year.
Mayor Kim Driscoll, who pulled the first 10 lottery numbers, said yesterday’s crowd included the young and old, disabled and families with kids in strollers.
Alberghini and Driscoll agreed that the development will draw working people and breathe life into a once-dormant area.
“They’re folks who are working, and because of the high cost of housing, have trouble make ends meet and (paying) market-rate rents,” Driscoll said. “It’s a little bit bittersweet because there are only 51 units and there were a lot more than 51 people there (at the lottery).”
Alberghini said her office has already begun to think about possible uses for the property’s school and rectory buildings, which are the project’s second phase. They will focus fully on phase two in the new year, once people begin to move in to the housing units, she said.
Yesterday’s lottery was held in a conference room at the Beverly Cooperative Bank on Lafayette Street. For details, see www.135Lafayetteapts.com.
Bethany Bray can be reached at email@example.com and on Twitter @SalemNewsBB.