Developments > Mass Mills III
The project involves the adaptive reuse of an abandoned mill building [the vacant Picker Building (a/k/a Mill #3)] into 70 units of family rental housing of which 57 are LIHTC units and 13 are Market units. The project site is part of Lowell's historic Massachusetts Mills complex which contains the previously developed Mass Mills I and II projects in downtown Lowell.
Mass Mills III
Project at a Glance:
Location:
Lowell
Development Type:
Family,Rental
MHIC Financing:
$6,166,050 in debt financing, $14,002,014 in LIHTC financing
Sponsor:
MM Picker LLC
Number of Units:
70
Date Completed:
4/15/2017
The project involves the adaptive reuse of an abandoned mill building [the vacant Picker Building (a/k/a Mill #3)] into 70 units of family rental housing of which 57 are LIHTC units and 13 are Market units. The project site is part of Lowell's historic Massachusetts Mills complex which contains the previously developed Mass Mills I and II projects in downtown Lowell.