Affordable Housing Trust Board
Rental Assistance Applications Accepted Now!
Applications are currently being accepted for the Maynard Rental Assistance Program (MRAP). MRAP is sponsored by the Maynard Affordable Housing Trust, and provides $500 monthly rental assistance payments, in the form of a grant, to four selected eligible households residing in Maynard, Massachusetts.
Rental assistance for selected households is anticipated to begin June 1, 2023 and will continue for up to thirty-six months (3 years) subject to recertification of income and rent every 12 months. Payments are made directly to the property landlord/owner.
Applicants must meet all of the following criteria:
- Current residents of Maynard with a current lease or tenant agreement
- Households that own any real estate property, or who are receiving any tenant-based rental assistance from a local, state or federal program (Section 8, MRVP, Housing Authority) do NOT qualify
- Households whose income is below the listed limits
- The maximum rent to be considered for benefit is the following:
1 Bedroom: $2,198, 2 Bedroom: $2,635, 3 Bedroom: $3,207, 4 Bedroom: $3,540
Other Program Requirements:
- Landlord and applicant must provide self-certification the unit is in satisfactory condition
- Participation agreements must be executed between the Affordable Housing Trust, the applicant/tenant and the landlord
The deadline to apply is March 31, 2023 by 5:00pm. Applications will be selected by way of a lottery to be held April 25, 2023.
MRAP is funded through Maynard's Municipal Affordable Housing Trust and is administered by the Regional Housing Services Office.
For questions, you may contact Jenicia Pontes at 978-287-1091 or JenP@rhsohousing.org
Agendas & Minutes
The Affordable Housing Trust Board of Trustees oversees Maynard’s Affordable Housing Trust, established in 2016 under M.G.L. Chapter 44.
By state law, the trust allows Maynard to collect funds for affordable housing, segregate them out of the general municipal budget into a trust fund, and use the funds for local initiatives to create and preserve affordable housing. Examples of what a local affordable housing trust can do include:
- Provide financial support for the construction of affordable homes by private developers (non-profit or for-profit);
- Rehabilitate existing homes to convert to affordable housing;
- Increase affordability in new housing development projects;
- Develop surplus municipal land or buildings;
- Preserve properties faced with expiring affordability restrictions;
- Create programs to assist low- and moderate-income homebuyers;
- Create programs to help low- and moderate-income families make health and safety repairs;
- Educate and advocate to further affordable housing initiatives.