Silver Mill

246 Somerville St, Manchester, New Hampshire 03103

Contact Silver Mill

Bright, Sunny, Large Apartments await you! Formerly the F.M. Hoyt Shoe Manufacturing Company, the historic Silver Mill building has been renovated into 57 delightful apartments. The property is conveniently located in southeast Manchester in an up and coming neighborhood. There are laundry facilities on-site at the property, as well as ample parking available. Choose from a variety of sizes and layouts. The “Mill” offers a variety of 1, 2, and 3, and 4 bedroom apartments. There are very affordable rental rates at this property. Please call for current rental rates and waitlist information. Income limits do apply.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	Call for Price
2 Bedroom (2/1)	-	Call for Price
3 Bedroom (3/1)	-	Call for Price
4 Bedroom (4/1)	-	Call for Price

Eligibility for Silver Mill

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 Manchester but actual income limits may differ for units at Silver Mill.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$45,400	$51,850	$58,350	$64,800	$70,000	$75,200	$80,400	$85,550
Low Income (60%)	$54,480	$62,220	$70,020	$77,760	$84,000	$90,240	$96,480	$102,660

Silver Mill Details

57 one, two, three and four bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Free Parking
On-Site Laundry

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.