Shannock Falls is managed by Housing Opportunity Development Corporation.
Shannock Falls is a new affordable apartment development on two sites in Charlestown and Richmond. There are 11 units at Shannock Village, located at 1639 Shannock Road in Charlestown, and 32 units at Richmond Ridge, located on West Shannock Road in Richmond. These are 1, 2, and 3 bedroom townhouse apartments in the wooded setting of rural South County.
Applications are currently being accepted from qualified low-income individuals and families. Experience the best of South County in these professionally-managed units, just steps from the historic Shannock Village.
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 |
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.