Appleton Mills

219 Jackson Street

Lowell, MA

978.458.0588

130 affordable rental live/work apartments for those who create art and those who appreciate it.

The redevelopment of the Appleton Mills is the first phase of the revitalization of the Hamilton Canal district in downtown Lowell. This new development will provide a range of unit sizes and layouts where artists and their families can live and pursue their craft.

ARTIST PREFERENCE

• Artist Preferences will be awarded by the Appleton Mills Artist Selection Board.

• The Artist Selection Board consists of a panel of owners, management and local artists nominated by The City of Lowell.

• The Artist Selection Board will provide interviews by appointment.

• The interview process is not a judge of artwork. Instead, it will allow local artists the opportunity to demonstrate their ability to provide consistent participation or a commitment to a creative pursuit.

• Qualifying artists will receive Certification of Artist Preference in writing.

• Receipt of an Artist Preference Award will not guarantee housing within Appleton Mills. Applicants must also meet appropriate credit, income and background screening criteria.

• Welcoming residents for move-in Spring 2011.

APPLICATION PROCESS

Applicable dates can be found on Page 2 of this document. Please fee free to contact the Leasing center at 978.458.0588 with any questions.

Applications are available at 27 Jackson Street, Lowell MA 01851.  To request an application by mail please call 978.458.0588 or email appletonmills@winnco.com

COMMUNITY AMENITIES & FEATURES

• Four-story atrium with gallery for exhibitions, film screenings, performances and receptions

• Fitness center

• Laundry/community lounge with WIFI

• Roof terrace
• Dedicated storage
• Numerous common areas suitable for displays
• Dedicated sink rooms on each floor

• Wide hallways and two oversized service elevators for moving large or heavy pieces of art

• Outdoor open space and public passageway for rotating public art displays

• Two loading docks to facilitate transportation of materials and artwork

UNIT AMENITIES & FEATURES

• Over 30 unique floor plans and creative layouts of live/work space

• Durable hardwood floors, granite countertops, and stainless steel appliances

• High ceilings—9 to 13 feet— for the creation of larger-scale pieces

• Large windows with abundant natural light

• Wide entrance doors for transport of large pieces of art

• Unique townhouses with large, overhead doors opening to an outside terrace for large-format live/work and public display/sell opportunities

INCOME GUIDELINES & RENTAL RATES

Rates listed are calculated based on Area Median Income (AMI). Rates and Guidelines are subject to change based on program regulations and/or change in AMI. All updated information will be posted on our web-site at www.LiveAppletonMills.com

30% of Area Median Income

All apartments within the 30% program have been filled at this time, and our waiting list is currently closed.  Please check back for further information. 

60% of Area Median Income

Studio- $794 per month

One Bedroom Apartment- $839 per month

One Bedroom Townhouse- $820 per month

Two Bedroom Apartment- $910 per month

Two Bedroom Townhouse- $954 per month

 

 

FREQUENTLY ASKED QUESTIONS

 

Q. As an artist my income fluctuates from year to year. After I have lived at Appleton Mills for one year, what will happen if I have earned more or less than the income guidelines?  

A.The income limit is verified only at time of move-in/initial approval. Annually we will review incomes to determine if they are over 140% of area median. If they are under- we do nothing about it. Artists who can continue to pay the rent can continue to live at the property. If ones income goes over 140% of the current income limit at renewal, then management must rent the next available unit of equal or smaller size to an eligible household the current resident does not have to move or otherwise be displaced.

 

Q. Is the value of my condo or home, which I am not going to sell, considered as part of my income?

 

A. The net value (market value less mortgage) of the property is considered an asset and any revenue it generates is counted as income.  However, even if the property is not actually producing any revenue (i.e. you are not renting it out), the government still counts 2% of the property’s value as income. For example, a $200,000 home with a $100,000 mortgage would have a value of $100,000.  In this case, 2% of the property’s value of $100,000 or $2,000 would be counted towards your annual income.

Q. I have retirement funds, however I am not currently drawing from them. How will they be considered?

 

A. The cash value of Retirement funds, which means net of any penalties for early withdrawal, are counted as an asset. The current rate of return (or average over the past year if current is indeterminable) would be counted as income. There are special HUD rules if regular withdrawals are being made from the account which will be discussed on a case by case basis with the applicant.

 

Q. I have a Section 8 Voucher. Do I qualify to live at Appleton Mills?

 

A. Yes, applicants with Section 8 vouchers are welcome to apply. All necessary background, credit and applicable preferences will be verified per Appleton Mills Tenant Selection Plan.

 

Q. My income is between 30% and 60% of median income. Would I qualify to live at Appleton Mills? 

 

A.  Applicants must meet initial minimum/maximum income limits to apply.  

 

Q.  Does Appleton Mills allow pets?

 

A.  Yes, we will be welcoming both dogs and cats at Appleton Mills.  Residents are allowed to have up to two pets per apartment.  There is a total combined weight restriction of 75 pounds.  Breed restrictions and additional fees apply.  

 

Q.  I am self employed and I file a tax return with a Schedule C, E or F.  Does the program use the gross or net business income listed?

 

A.  Net income from the operation of a business or profession including self-employment income is included.  Net income is gross income less business expenses, interest on loans and depreciation computed on a straight line basis. 

Q.  Will my rent increase as my income increases?

A.  The maximum allowable rent is a function of Area Median Income Limits, published annually by HUD.  Your rent is not a function of your household income.