Portfolio

555 Merrimack St – 2023 

555 Merrimack St is a 27-unit affordable housing development with a 1,700 square foot commercial storefront. CBA, in partnership with Lowell House Inc.,  (addiction and recovery services) developed this supportive housing project to serve those in recovery from substance use disorder (SUD) by providing independent, apartment-style affordable housing with voluntary services targeted at supporting residents in their long-term recovery. The project consists of 7 studios, 11 one-bedroom, and 9 two-bedrooms rental units, with 10 units reserved for individuals and families earning less than 60% of the Area Median Income (AMI) and 1 unit reserved for those earning less than 50% AMI. The project also has 8 Massachusetts Rental Voucher Program (MRVP) units for those earning less than 50% AMI, and 8 Project-Based Voucher (PBV) units for those earning less than 30% AMI.  

# of Units: 27 residential, 1 commercial  

76-78 Suffolk Street

Dracut Center School - 2021

Gerson Building - 2020

555 Merrimack Street, Lowell, MA

The Dracut Centre School project was a historic rehabilitation of a schoolhouse, previously utilized by the town of Dracut as a town hall annex into 9 units of workforce housing. Workforce housing targets individuals and families that earn too much to qualify for traditional affordable housing. This project has a veteran preference and is reserved for individuals and families earning less than 80% of the Area Median Income (AMI).  

# of units: 9 residential 

19 Tremont Street, Haverhill

181 Washington Street, Haverhill, MA

11 Spring Park Avenue, Dracut, MA

The Gerson Building project is a 44-unit affordable housing development completed in 2020. Gerson has a veteran-preference and includes 7 one-bedroom, 32 two-bedroom, and 5 three-bedroom units. Of those, 34 units are reserved for individuals and families earning less than 60% of the Area Median Income (AMI) and 10 units with Project-Base Vouchers (PBV). 

# of units: 44 residential, 1 commercial 

Gorham St – 2015

305 Gorham Street, Lowell, MA

Welcome Home - 2015

The Gorham St project is a 24-unit affordable housing development consisting of 2 one-bedroom, 17 two-bedroom, and 5 three-bedroom units. Seventeen units are reserved for individuals and families earning less than 60% Area Median Income (AMI), 1 unit is reserved for those earning less than 30% AMI, and 6 units are for residents with Project-Based Vouchers (PBV). Gorham Street also includes a community space and centralized laundry room. 

# of units: 24 residential 

 

2 Reed Street, Haverhill

The Welcome Home project consists of 27 units of affordable rental housing located within 3 buildings in Haverhill, MA. This development has a veteran-preference, with 24 one-bedroom, 1 two-bedroom, and 2 three-bedroom units reserved for individuals and families earning less than 50% of the Area Median Income (AMI).  

# of units: 27 residential 

Unity Place - 2011

199 Broadway Street, Lowell

482 Moody Street, Lowell, MA

The Unity Project is a 23-unit affordable rental housing development consisting of 4 one-bedroom, 11 two-bedroom, and 8 three-bedroom units, with 15 units reserved for individuals earning less than 60% of the Area Median Income (AMI). There are also 2 additional units set aside for those earning less than 30% AMI, and 6 Project-Based Voucher (PBV) units. 

# of units: 23 residential 

Acre High School - 2010

760 Merrimack Street, Lowell

CBA renovated the former St. Joseph’s High School to create 22 units of affordable rental housing through utilization of Low-Income Housing Tax Credit, and state and federal Historic Tax Credits. The project consists of 6 one-bedroom, 14 two-bedroom, and 2 three-bedroom units, with 12 units reserved for individuals and families earning less than 60% of the area median income (AMI), 4 units reserved for those earning less than 30% AMI, and 8 Project-Based Voucher (PBV) units. 

# of units: 22 residential  

St. Joseph’s Apartments - 2008

511 Moody Street, Lowell

Located next to CBA’s main office at 517 Moody Street, the St. Joseph’s project is a 15-unit affordable housing development for individuals and families, including 4 one-bedroom, 10 two-bedroom, and 1 three-bedroom units. Four units are reserved for individuals and families earning less than 60% of the Area Median Income (AMI), 3 units are reserved for those earning less than 50% AMI, and 8 are Project-Based Voucher (PBV) units.  

# of units: 15 residential 

Carriage Place – 2006

48-56, 60-64 Middlesex Street, Lowell

84-86 Suffolk Street

186 Suffolk Street, Lowell

98-100 Suffolk Street

North Canal Arial view 1

114-116 Suffolk Street

Carriage Place is a 24-unit affordable housing development project consisting of 9 one-bedroom and 15 two-bedroom units. Tne unitsare  reserved for individuals and families earning less than 60% of the Area Median Income (AMI), 2 units are reserved for those earning less than 50% AMI, and 6 are Project-Based Voucher (PBV) units.  

# of units: 24 residential 

Suffolk St Joint Venture – 2005

The Suffolk St Joint Venture project consists of 5 three-bedroom duplexes located on Suffolk Street in Lowell. These 5 homeownership units were completed in 2005 in partnership with Residents First Development Corp.  

# of units: 5 residential 

Liberty Square – 2004  

63 Fletcher Street, Lowell

174 Broadway Street, Lowell

132-134 Suffolk Street

The Liberty Square project is a 33-unit affordable housing development and also includes 5 commercial units. This project consists of 4 one-bedroom, 23 two-bedroom, 3 three-bedroom, and 3 four-bedroom units reserved for individuals and families that earn less than 60% of the Area Median Income (AMI).   

# of units: 33 residential, 5 commercial 

At Home – 2003

252 Fletcher Street, Lowell

The At Home project is a duplex with 2 three-bedroom homeownership units sold to first-time homebuyers in 2003. 

# of units: 2 residential 

Moody Street Center - 2002

517 Moody Street, Lowell, MA

517 Moody Street houses CBA’s main offices and programming space on the 2nd and 3rd floors. The North Canal Tenant Council, the tenant association for CBA’s North Canal project, has community and meeting space on the 1st floor. Maloney Properties, CBA’s property management company, is located at 517A Moody Street, behind CBA’s main office. 

# of units: 4 commercial  

Triangle Rental – 1997 

450 Merrimack Street, Lowell, MA

28 Cork Street, Lowell, MA

192 Suffolk Street, lowell

The New North Canal project is a 267-unit affordable housing development, located within 27 buildings along Moody Street. This project consists of 1-, 2-, and 3-bedroom units that are reserved for individuals and families earning less than 60%, 50%, and 30% of the Area Median Income (AMI). This project was refinanced and improved in 2006 by CBA in partnership with the North Canal Tenant Council and participation from residents of the property.  

# of units: 267 residential 

Triangle Homeownership Project – 1983

Map of the Acre Neighborhood

The Triangle Homeownership Project was the redevelopment of a severely blighted section of the Acre neighborhood that increased the homeownership rates in this area from 1% to 25%. This project consisted of the development of 38 new housing units, creating 22 homeownership opportunities and 16 affordable rental units that were later refinanced and renovated under the Triangle Rental project in 1997. This substantial investment into the neighborhood was the first of its kind in over twenty years, and significantly changed the Acre both physically and economically.

Learn More About Income Limits, Area Median Income (AMI), and Housing Vouchers General HUD Income Limits

Income Limits | HUD USER

FY 2024 Income Limits Documentation System -- Summary for Lowell city, Massachusetts (huduser.gov)

AMI: 2024 INCOME RENT LIMITS for 19 MA Income Limit Areas (1).pdf

MRVP: Apply for the Massachusetts Rental Voucher Program (MRVP) | Mass.gov

PBV:Project Based Vouchers | HUD.gov / U.S. Department of Housing and Urban Development (HUD)

387 Market Street, Lowell

404 Fletcher Street, Lowell

The Triangle Rental project consists of 26 affordable housing units and 3 commercial units with 4 one-bedroom, 14 two-bedroom, and 8 three-bedroom units. Twenty-two units are reserved for individuals and families earning less than 60% of the Area Median Income (AMI), and 4 are Project-Based Voucher (PBV) units. 

# of units: 26 residential, 3 commercial 

New Merrimack Street – 1990, 2007

The New Merrimack Street project is a 12-unit affordable housing development, with 2-, 3-, and 4-bedroom rental units available for individuals and families earning less than 60% of the Area Median Income (AMI). This project was refinanced and improved in 2007. New Merrimack Street also includes 6 commercial units, housing CBA’s walk-in center, developed in 2020 and located at 450 Merrimack Street. Here community members can access CBA’s programs staff and services, including CBA’s food pantry, English classes, and the sewing program.

# of units: 12 residential, 6 commercials

Acre Triangle - 1989, 1994

95 Rock Street, Lowell, MA

The Acre Triangle project consists of 3 homeownership units on Cork Street and 4 commercial floors at 95 Rock Street. Since 1994, the building has been home to UnWrapped Inc., a commercial sewing company that serves the U.S. military, Trader Joe’s, and other national businesses. 

# of units: 3 residential, 4 commercial 

New North Canal – 1989, 2006

North Canal map

North Canal Arial view 2

74-76 Temple Street, Haverhill

Moody Street, Lowell, MA 01854