Lyman Terrace

30 Hampden St., Holyoke, Massachusetts 01040

Lyman Terrace Apartments is a currently being renovated on its second phase , the suburban community set minutes from downtown Holyoke, Massachusetts. 

Residents enjoy the ease of a work-life balance with access to health and entertainment locations, within minutes to the community. Conveniences such as the Holyoke Health Center, The Holyoke Canal Walk, and The Holyoke Children’s Museum are just a few of the many amenities in the neighborhood. 

This community offers an unmatched living option with attention to quality living, spacious floor plans, and a welcoming staff. Contact their leasing staff for a personal tour of their latest affordable 1, 2, 3, and 4 bedroom apartments. 

Unit (Bd/Ba) Ft2 Rent
One Bedroom One Bath (1/1) 579 Call for Price
Two Bedroom One Bath (2/1) 885 Call for Price
Three Bedroom One in a half Bath (3/1.5) 994 Call for Price
Four Bedroom One in a half Bath (4/1.5) 1022 Call for Price

Eligibility for Lyman Terrace

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Holyoke but actual income limits may differ for units at Lyman Terrace.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $20,950 $23,950 $26,950 $30,000 $35,140 $40,280 $45,420 $50,560
50% $34,900 $39,850 $44,850 $49,800 $53,800 $57,800 $61,800 $65,750
80% $55,800 $63,800 $71,750 $79,700 $86,100 $92,500 $98,850 $105,250

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Holyoke but actual income limits may differ for units at Lyman Terrace.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $34,900 $39,850 $44,850 $49,800 $53,800 $57,800 $61,800 $65,750

Lyman Terrace Details

  • 116 one, two, three and four bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • State or Local Program

Property Amenities

  • Controlled Access
  • Playground
  • BBQ and Picnic Area
  • Community Room
  • Business Center
  • On-Site Manager
  • On-Site Maintenance
  • High Speed Internet Access
  • Spanish Speaking Staff
  • New and Renovated Apartment Homes
  • Community Kitchen

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Window Coverings
  • Refrigerator
  • Energy Efficient Appliances

Nearby Amenities

  • Close to Public Transportation
  • Close to Shopping

Office Hours

Day Hours
Monday 8:30am-5:00pm
Tuesday 8:30am-5:00pm
Wednesday 8:30am-5:00pm
Thursday 8:30am-5:00pm
Friday 8:30am-5:00pm
Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Images of Lyman Terrace
Image of Lyman Terrace
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