Szecon Development and our lottery agent, ACRES Consulting, are pleased to announce the official opening of the marketing and application phase for the 20 designated Chapter 40B income-restricted rental residences at Cedar Park One64 (164 Essex Street, Melrose, MA).
Located steps from the Cedar Park MBTA Commuter Rail station, Cedar Park One64 is an 80-unit transit-oriented community engineered to high-performance building standards. Twenty of the residences (25% of the community) are deed-restricted for eligible households earning at or below 80% of Area Median Income (AMI). Under Massachusetts Chapter 40B guidelines, 100% of the community's 80 units credit directly toward the City of Melrose Subsidized Housing Inventory (SHI).
Cedar Park One64 in Melrose, MA—20 Chapter 40B income-restricted residences accepting lottery applications through December 18, 2026.
Eligibility & Income Limits
Many working individuals, municipal employees, and families residing or working in Melrose assume their income exceeds qualification thresholds for designated affordable housing. However, because Chapter 40B income ceilings are set relative to Greater Boston’s Area Median Income (AMI), allowable limits encompass a wide range of working households:
1-Person Household: Up to $96,000 / year
2-Person Household: Up to $109,700 / year
3-Person Household: Up to $123,400 / year
4-Person Household: Up to $137,100 / year
5-Person Household: Up to $148,100 / year
6-Person Household: Up to $159,050 / year
Minimum income requirements apply to non-subsidized applicants (e.g., households without Section 8, MRVP, VASH, or AHVP housing vouchers) to ensure rent affordability.
Unit Specs, Base Rent & Income Limits
Below is the complete schedule of monthly rents, minimum required incomes, and HUD 80% AMI maximum allowable gross household incomes across the 20 available lottery units:
Lottery Schedule & Key Operational Milestones
The application distribution and selection process will follow this timeline:
01 Application Distribution Period | October 21, 2026 – December 21, 2026 (60 days)
02 Informational Zoom Session | Wednesday, November 18, 2026 @ 12:00 PM
Meeting ID: 864 8040 8312 | Passcode: 426057 (Attendance is optional; session will be recorded).
03 Application Submission Deadline | Friday, December 18, 2026
Online applications must be submitted, or paper applications postmarked, no later than December 18, 2026.
04 Lottery Drawing Date | December 28, 2026
05 Applicant Contact & Unit Showings | beginning January 4, 2027
06 Owner Screening & Tenant Approvals | beginning January 9, 2027
07 Estimated Move-In Period | April 1, 2027 – May 1, 2027
How to Request & Submit an Application
Applications can be completed online, downloaded, requested by mail, or picked up in person:
Online Portal & Downloads: Visit the official ACRES portal ↗.
In-Person Pickup: Hard copies are available during regular business hours at the Melrose Public Library (69 W Emerson Street, Melrose, MA 02176).
Mail Requests & Questions: Email Info@ACRESCompliance.com or call ACRES directly at (617) 675-1083 (US Relay 711).
Mailing Address for Completed Applications: ACRES Consulting LLC ATTN: Cedar Park One64 Lottery 27 Mica Lane, Wellesley, MA 02481
VISIT THE CEDAR PARK ONE64 LEASING SITE FOR FULL BUILDING DETAILS ↗
