Massachusetts Mills is managed by Corcoran Management Company.
Adjacent to the Lowell National Historical Park and in close proximity to shopping, dining, nightlife, and entertainment is the historic building of apartment homes known as Massachusetts Mills. With multiple Lowell Regional Transit Authority bus routes located around the property and the Commuter Rail within one mile, Massachusetts Mills is the perfect location for getting around. Enjoy breakin a sweat at our fitness center! Massachusetts Mills has many diverse floor plans that offer great views of the Merrimack River and add a distinct flavor to your lifestyle!
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 Massachusetts Mills.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $51,950 | $59,400 | $66,800 | $74,200 | $80,150 | $86,100 | $92,050 | $97,950 |
Low Income (60%) | $62,340 | $71,280 | $80,160 | $89,040 | $96,180 | $103,320 | $110,460 | $117,540 |
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.