Brown School Residences

200 Lynn Street, Peabody, Massachusetts 01960

Contact Brown School Residences

Brown School features 61 apartment homes with styles featuring 1 & 2 bedrooms. Interiors feature expansive windows, historic architectural details and modern amenities. Fully appointed kitchens include electric cooking, dishwasher, ample counter space and closet space. Oversized windows create sun-filled apartments over looking the beautifully landscaped community grounds. On site laundry, community social lounge and on site storage available.**Rental rates may vary based on program type, please see income guidelines.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	588	From $962
Two Bedroom Deluxe (2/2)	1200	From $1,136
Two Bedroom (2/1)	969	From $1,136 To $1,141

Eligibility for Brown School Residences

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 Peabody but actual income limits may differ for units at Brown School Residences.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$51,950	$59,400	$66,800	$74,200
Low Income (60%)	$62,340	$71,280	$80,160	$89,040

Brown School Residences Details

33 one and two bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)

Property Amenities

Elevator
Clubhouse
Energy Star Appliances
On-Site Maintenance
Historic Renovation
Laundry Facility

Unit Amenities

Window Coverings
Breakfast Bar
Linen Closets
Architectural Details

Nearby Amenities

Close to Public Transportation
Nearby Parks and Recreation

Office Hours

Day	Hours
Monday	8:30am-5:00pm
Tuesday	8:30am-5:00pm
Wednesday	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.