Canal Lofts

48 Water Street, Worcester, Massachusetts 01604

Contact Canal Lofts

Ideally located near Worcester's boutique shopping and dining, educational institutions and recreational activities, Canal Lofts breathes new life into the city's historic industrial epicenter. The building has been carefully restored into 64 residences including a unique mix of bi-level lofts, 1 and 2 bedroom, and 2 plus den floor plans. Canal Lofts unites past and present with dramatic elements of Victorian architecture and sleek modern design. Expansive windows, designer kitchens and contemporary amenities create the ideal urban experience.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom Flat or Townhouse (1/1)	833	From $1,150 To $1,225
One Bedroom + Den (1/1)	843	From $1,200 To $1,350
One Bedroom Townhouse + Den (1/1)	925	From $1,275 To $1,350
Two Bedroom plus Den (2/2)	1156	From $1,530 To $1,600
Two Bedroom Flat (2/2)	1189	From $1,535
Two Bedroom Townhouse (2/2)	1487	From $1,850

Eligibility for Canal Lofts

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 Worcester but actual income limits may differ for units at Canal Lofts.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$37,150	$42,450	$47,750	$53,050
Low Income (60%)	$44,580	$50,940	$57,300	$63,660

Canal Lofts Details

64 one and two bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Fitness Center
Clubhouse
Custom Accent Wall Program
Energy Star Appliances
On-Site Maintenance
Downtown Location
Historic Renovation
Laundry Facility

Unit Amenities

Window Coverings
Storage
Recessed Lighting
Breakfast Bar
Kitchen Pantry
Linen Closets
Loft Style
Exposed Brick
Architectural Details

Nearby Amenities

Close to Public Transportation

Office Hours

Day	Hours
Monday	9:00am-5:00pm
Tuesday	9:00am-5:00pm
Wednesday	9:00am-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.