Mill Falls

51 Osgood Street, Methuen, Massachusetts 01844

Contact Mill Falls

Mill Falls Apartments are located in the Merrimack River Valley of Methuen, Massachusetts. Once a cotton-duck fabric factory, the river side mill has been readapted into 97 unique apartment units. Close to shopping centers, restaurants, movie theaters, schools and public transportation. On site laundry facility and community room. Please contact site manager for more details.

Unit (Bd/Ba)	Ft²	Rent
1 BR (1/1)	800	From $1,100 To $1,175
2 BR (2/2)	800	From $1,250 To $1,575
3 BR (3/2)	1514	$1,925
3 BR TH (3/2.5)	1800	$2,050

Eligibility for Mill Falls

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 Methuen but actual income limits may differ for units at Mill Falls.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$51,950	$59,400	$66,800	$74,200	$80,150	$86,100
Low Income (60%)	$62,340	$71,280	$80,160	$89,040	$96,180	$103,320

Mill Falls Details

97 one, two and three bedroom units.
High Rise
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)

Property Amenities

Playground
Laundry Room
24hr Emergency Maintenance

Unit Amenities

Air Conditioning
Dishwasher
Garbage Disposal
Cable Ready
Window Coverings
Carpet
Scenic View

Nearby Amenities

Close to Dining
Close to Downtown District
Close to Public Transportation
Close to Shopping
Near Library
Near Park
Near Schools

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.