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ARBORPOINT AT WOODLAND STATIONIncome-based apartments (LIHTC tax credit · 50% AMGI AMI) in Newton, Massachusetts
ARBORPOINT AT WOODLAND STATION — Income-based apartments (LIHTC tax credit · 50% AMGI AMI) in Newton, Massachusetts Street View
Home
Affordable Housing
Massachusetts
Newton
ARBORPOINT AT WOODLAND STATION
Income-based apartmentsLIHTCFamily housing50% AMINew construction

ARBORPOINT AT WOODLAND STATIONIncome-based apartments (LIHTC tax credit · 50% AMGI AMI) in Newton, Massachusetts

1940 WASHINGTON ST, NEWTON, MA 02466

Best fit

Families

Rent

Contact for pricing

Floor plans

1 Bed • 2 Bed • 3 Bed

Total Units

180

Year Built / Opened

2007

HUD Score

95

Waitlist expected. Click Check Eligibility below to generate your ready-to-print application materials so you're first in line.

ARBORPOINT AT WOODLAND STATION — Income-based apartments (LIHTC tax credit · 50% AMGI AMI) in Newton, Massachusetts Street View

Neighborhood & Amenities

Walk Score®

26/100• Car-Dependent

Transit Score®

52/100• Good Transit

Bike Score®

36/100• Somewhat Bikeable

Walk Score®, Transit Score®, and Bike Score® are trademarks of Walk Score and Redfin.

How Walk Score works

How rent works

What this means for you

This property includes LIHTC tax credit · 50% AMGI AMI. Rent rules can change by unit, so ask the office which program applies to the apartment you want.

LIHTC: These are income-based apartments with rent limits tied to the local Area Median Income (AMI) — not market-rate rent. The local 4-person AMI for the 02466 zip code is $248,053 (2024 data). Rent limits are set from that number. If this property also has rental assistance, some tenants may pay about 30% of adjusted income.

How income limits work

To qualify for these apartments at ARBORPOINT AT WOODLAND STATION, your total household income must fit the local Area Median Income (AMI) limits for Newton and the 02466 zip code. The exact rules can vary by program and by household size.

This property includes LIHTC tax credit · 50% AMGI AMI. Check the program labels on this page and confirm the exact unit rules with management before you apply.

Local Median (1-Person)

$173,637

Local Median (4-Person)

$248,053

Based on the latest 2024 census data, the figures above show the local median earnings for this area. Management will generally require your household income to be at or below 50% of these median figures.

Services & Accessibility

Wheelchair & Mobility AccessVerify

Not explicitly confirmed. Call ahead to verify elevator availability and doorway widths before applying.

Management & Ownership

Management Company

NATIONAL DEVELOPMENT ASSET MANAGEMENT OF NEW ENGLAND LP

Property Owner

ORIX REAL ESTATE CAPITAL LLC

For Profit

HUD Property ID

800222506

Who can live here

Income ceiling: 50% AMGI Family housing New Construction Income-qualified only

Rent-Restricted Units

96 of 180 total

income-restricted tax credit apartments

Rent-Restricted Until

~2007

Minimum 30-year LIHTC legal commitment

How do Tax Credit Apartments work?

Arborpoint at woodland station is a Low Income Housing Tax Credit (LIHTC) apartment community in Newton, Massachusetts. LIHTC properties — also called Section 42 housing or tax credit apartments — are income-restricted rentals developed with federal tax credits administered by state Housing Finance Agencies (HFAs). Qualifying residents pay rent based on a percentage of the Area Median Income (AMI) for Newton. Based on 2024 data, the local AMI for the 02466 zip code is $173,637 for a single person and $248,053 for a 4-person household. These figures make Newton tax credit apartments among the most affordable rentals available without a Section 8 voucher.

To qualify, your total household income must fall at or below the income limit set for this property — currently 50% AMGI of AMI. That works out to approximately $124,027/yr for a 4-person household in the 02466 area. Unlike public housing, LIHTC income-restricted apartments are privately managed and require you to apply directly to the property. Rent is fixed at a discounted rate tied to AMI — not to your specific income — so your monthly payment stays predictable.

By law, LIHTC properties must remain rent-restricted for a minimum of 30 years. Arborpoint at woodland station was placed in service around 2007, keeping rents income-restricted at least through ~2007.

Before You Apply

  • Confirm the age rule and income limit

    You must be of qualifying age. Your income must fall within HUD's Area Median Income (AMI) limits for Newton. Based on the 02466 zip code AMI (2024), this property's 50% income limit is approximately $86,819/yr for 1 person / $124,027/yr for a 4-person household.

  • Ask which unit types are actually available

    This listing shows historically available units. Ask directly if a unit is open today.

  • Verify accessibility before paying any fees

    If you use a wheelchair or walker, confirm elevator access and doorway widths before submitting a paid application.

Property Standing

95

✓ HUD Inspection: Good Standing

Last inspection 8/29/2023 · This score means the property meets HUD's highest safety and quality standards.

Did you know?LIHTC properties have specific maximum rent limits based on your income and the local Area Median Income (AMI). Read the full guide

Questions People Ask

What are the local income limits around Arborpoint at woodland station?OpenClose

Income limits are calculated against the Area Median Income (AMI) for the 02466 zip code. Based on recent Census data, the local median income is $173,637 for a single person, and $248,053 for a four-person household. Your specific income cap depends on the exact subsidy program rules applied by management.

To view how these median figures translate to specific income caps (e.g., 30%, 50%, or 60% AMI limits) for all household sizes, check out the AMI Calculator .

!Check Your Qualification Instantly

Our eligibility tool automatically cross-references your household size and gross income with the local AMI database for this property to determine your fit.

Apply Now

Verify your eligibility and send a priority profile directly to management.

Takes 30 seconds. 100% free

More Tax Credit & Income-Restricted Apartments Near Newton

ARBORPOINT AT WOODLAND STATION is one of many income-restricted properties serving Newton and the surrounding area. LIHTC tax credit apartments and income-restricted housing near me are in high demand — applying to multiple rent-restricted apartments in Newton at once improves your chances of finding an available income-based apartment.

CABOT PARK VILLAGE
Income-Based RentWaitlist

Cabot Park Village

22 Munroe St

Subsidized

Income Limit

50% AMGI

Your household income must be at or below this % of Area Median Income — roughly $124,027/yr for a 4-person household in 02466 (2024 data)

Designated For

Families

May have preference policies — confirm with management

Additional Financing Sources

FHA LoanTax-Exempt Bond
Go to AMI Calculator
What unit types are reported at Arborpoint at woodland station?OpenClose

This record reports: 1 Bed • 2 Bed • 3 Bed. Availability can change rapidly, so ask management which layouts are currently open and whether any accessible units are available.

How do I contact Arborpoint at woodland station to apply?OpenClose

Use the eligibility checker to see the next step for this listing. Contact details are not shown here, but you can start the process and get your application path from the property page.

!Start your lead

We'll ask a few basic questions and then show the next step.

What are the income limits to qualify at Arborpoint at woodland station?OpenClose

Arborpoint at woodland station is a Low Income Housing Tax Credit (LIHTC) property. HFA records indicate the income ceiling is set at 50% AMGI. This means your household income must be at or below that percentage of the Area Median Income (AMI) for newton. Based on 2024 Census data, the local median income for the 02466 zip code is $173,637 for a single person and $248,053 for a 4-person household. At the 50% AMGI limit, the approximate income threshold is $86,819/yr for a 1-person household / $124,027/yr for a 4-person household. Management will verify income during the application process.

To view the specific income caps (e.g. 30%, 50%, or 60% AMI limits) for all household sizes, check out the AMI Calculator .

!Check Your Qualification Instantly

Our eligibility tool automatically cross-references your household size and gross income with the local AMI database for this property to determine your fit.

Go to AMI Calculator
How long will Arborpoint at woodland station remain affordable housing?OpenClose

LIHTC properties are required by law to remain affordable for a minimum of 30 years from the date they were placed in service (Arborpoint at woodland station was placed in service around 2007, so rent restrictions are secured at least until ~2037). After that period, the owner can choose to exit the program or renew. Ask management about the property's current compliance end date.

What government programs helped fund Arborpoint at woodland station?OpenClose

In addition to the federal Low Income Housing Tax Credit, this property was also financed with: FHA-insured financing, tax-exempt bonds. Layering multiple housing subsidy programs is common and often allows properties to offer deeper affordability or better amenities than LIHTC alone.

Is Arborpoint at woodland station a new building?OpenClose

Yes. HFA records classify this as a new construction LIHTC property, meaning units were purpose-built as affordable housing rather than converted from existing stock. New construction properties often feature modern layouts and energy-efficient systems. It's worth asking management about the age of appliances and any known maintenance issues before applying.

Who is Arborpoint at woodland station designed for?OpenClose

According to HFA records, this LIHTC property is specifically designated to serve families. This means it may have specialized services, accessible units, or preference policies that prioritize these groups. Contact management to understand their current preference and waitlist selection process — being in a designated group does not guarantee priority without a formal application.

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Data Provenance

Sourced from LIHTC Database. Last updated: Aug 8, 2026.Read our methodology.