MCO Associates

Old Colony Square @ Cohasset Station

Lottery Process
Due to the nature of the affordable units' availability it is important for everyone to understand the procedure. Please understand the allowable income guidelines are adjusted based upon your household size. Also be advised that the program and its requirements are subject to changes in local, state or federal regulations.

Lottery Pools
One 1 bedroom unit (At‐Large Unit) and one 2 bedroom unit (Local Unit) are available by lottery at Old Colony Square @ Cohasset Station. The lottery has two pools – Local and At‐Large. The units and pools breakdown as follows:

Pool Qualifications # of Units
Local Pool – 2 Bed unit Must meet at least one of the Local Preference Criteria as listed on the application. 1
At‐Large Pool – 1 Bed Unit All applicants – including local pool 1

Local applicants would have two opportunities to lease a unit by being in both the Local and At‐Large Pools.

In all cases, preference for the two bedroom unit will be for households that require two bedrooms. Second preference is for households requiring one bedroom. Preference for the one bedroom unit is for a household requiring one bedroom.

Unit preferences are based on the following:
a. There is a least one occupant and no more than two occupants per bedroom.
b. A husband and wife, or those in a similar living arrangement, shall be required to share a bedroom. Other household members may share but shall not be required to share a bedroom.
c. A person described in (b) shall not be required to share a bedroom if a consequence of sharing would be a severe adverse impact on his or her mental or physical health and reliable medical documentation is provided substantiating the adverse impact.

All of the applicants for a given pool will be pulled at the time of the lottery. This will establish the rankings for the distribution of units. This means if you are a two person household and by the above definition require a one bedroom unit and are drawn first in the lottery, we will move to the first applicant on the list that meets the unit preference for the two bedroom unit. If we have gone through the list and have units remaining we will begin working from the top of the list and you may have an opportunity to lease.

Time Frames
Both affordable units at Old Colony Square @ Cohasset Station will be available for immediate occupancy.

If you are selected and have the opportunity to lease a unit you will speak or meet with a representative to review your application to verify all information. Please be advised that the official income verification will be done at the time you have an opportunity to lease a unit. Also understand you need to be income and asset eligible but will also be subject to a credit screening by the project and determined eligible or ineligible based on that basis.

Acceptance of Units
It is important for all applicants to understand that specific units are attached to specific lottery rankings based upon the projected availability of the completed unit. Applicants will not have a choice of unit locations, style or schedules. You will not be able "pass" on a unit and wait for another unit. If you choose not to take the designated unit, you will go to the bottom of the list and will likely NOT have another opportunity.

Summary
We hope this helps explain the process by which the units will be distributed. It can be a lengthy and sometimes complicated process. We greatly appreciate your participation and wish you the best of luck in the lottery process.

 

 
 
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