Francis Cabot Lowell Mill I & II is managed by Boston Land Company Management Services Inc.
The Francis Cabot Lowell Mill is a Historic Landmark located in the center of Waltham along the beautiful Charles River, close to public transportation and just twenty minutes from Boston. It is a project-based section 8 community for individuals who are 62 years old or older and individuals with disabilities 18 and over.
This 258 apartment community’s spirit is alive with activities and programs for the well being of the residents. The property features large and small community rooms, a Wellness Center, Mini-Market, Hair Salon, Gym, Game Room, Charles River Public Internet Center, and the Charles River Museum of Industry. All this to enhance the quality of life of the residents and to increase the value of the property for the Owner’s.
The Francis Cabot Lowell Mill waiting list is currently closed until further notice.
Last updated on February 13th, 2019Generally, 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 Waltham but actual income limits may differ for units at Francis Cabot Lowell Mill I & II.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $31,150 | $35,600 | $40,050 | $44,500 | $48,100 | $51,650 | $55,200 | $58,750 |
50% | $51,950 | $59,400 | $66,800 | $74,200 | $80,150 | $86,100 | $92,050 | $97,950 |
80% | $82,950 | $94,800 | $106,650 | $118,450 | $127,950 | $137,450 | $146,900 | $156,400 |
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.