Chestnut Square Apartments

77 Chestnut St, Lowell, Massachusetts 01852

Contact Chestnut Square Apartments

Residents must income qualify. This property accepts Section 8 vouchers.

Chestnut Square is a rehabilitation of eleven historic multi-family buildings that encompass two-thirds of a city block in the Lower Belvidere neighborhood of Lowell. Built in 1910, these buildings formerly provided housing for families working in the Lowell Mills during the Industrial Revolution. Nine of the buildings are on the National Register of Historic Places. Caleb purchased and developed these buildings in 1998 to include 41 units and a community center. Chestnut Square Apartments are located close to downtown Lowell and 1 mile from the Boston Commuter Rail and MBTA bus line. The Caleb Group provides resident service coordination to assist in linking residents to the services they need within the community.

Unit (Bd/Ba)	Ft²	Rent
Two Bedroom (2/1)	-	Call for Price
Three Bedroom (3/1)	-	Call for Price
Four Bedroom (4/1)	-	Call for Price
Five Bedroom (5/1)	-	Call for Price

Eligibility for Chestnut Square Apartments

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 Lowell but actual income limits may differ for units at Chestnut Square Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person	9 Person	10 Person
Very Low Income (50%)	$51,950	$59,400	$66,800	$74,200	$80,150	$86,100	$92,050	$97,950	$0	$0
Low Income (60%)	$62,340	$71,280	$80,160	$89,040	$96,180	$103,320	$110,460	$117,540	$0	$0

Chestnut Square Apartments Details

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

Property Amenities

Community Room
On-Site Manager
Off-Street Parking
Laundry Facilities
Computer Room

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.