North Canal Apartments

517 Moody Street, Lowell, Massachusetts 01854

Contact North Canal Apartments

North Canal Apartments is conveniently located in the charming Acre Section of Lowell, MA. North Canal offers a variety of one, two and three bedroom apartments in twenty-seven buildings. Family households enjoy the well-maintained 265-unit community that services a mixed income population. Rent levels vary depending upon the household income.

This non smoking community offers units with modern appliances, high speed internet access, on-site parking, laundry facilities and several play areas. First floor units have small back yard areas. The property is a short walk to downtown, restaurants, post office, U Mass Lowell and several bus lines. Walk Score: 85 out of 100.

Eligibility for North Canal Apartments

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 Lowell but actual income limits may differ for units at North Canal Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
50%	$51,950	$59,400	$66,800	$74,200	$80,150	$86,100	$92,050	$97,950

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 North Canal Apartments.

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

North Canal Apartments Details

267 bedroom units.
Low-Income Housing Tax Credit (LIHTC)

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.