Close
Current temperature in Boston - 62 °
BECOME A MEMBER
Get access to a personalized news feed, our newsletter and exclusive discounts on everything from shows to local restaurants, All for free.
Already a member? Sign in.
The Bay State Banner
BACK TO TOP
The Bay State Banner
POST AN AD SIGN IN

Trending Articles

Women's History Month: From wash tubs to union halls

OWN partners with American Cancer Society to empower Black women’s health through historic study

Alvin Ailey and Celebrity Series expand free dance workshops

READ PRINT EDITION
For Sale

St. Louis Schoolhouse

Affordable Housing

St. Louis Schoolhouse, Fall River, MA
Affordable Housing Lottery

Four 1BR 80% AMI Condos for $188,508 (condo fee: $247/mo.)
Five 1BR 100% AMI Condos for $233,213 (condo fee: $329/mo.)
Five 2BR 80% AMI Condos for $212,075 (condo fee: $278/mo.)
Four 2BR 100% AMI Condos for $262,520 (condo fee: $369/mo.)

This is a lottery for the eighteen (18) affordable 1-bedroom and 2-bedroom units located within St. Louis Schoolhouse, a renovation of an existing school building in Fall River. Nine (9) of these units will be sold at affordable prices to households with incomes at or below 80% of the area median income (AMI), and Nine (9) of these units will be sold at affordable prices to households with incomes at or below 100% of area median income (AMI). Affordable homes are expected to be ready starting in the Summer of 2025. Units will feature LED recessed lighting with smart wi-fi light switches, mini split AC units, on demand hot water system, a video doorbell system, high end counter tops, contemporary cabinet design, in unit washer and dryer appliances, floating vanities, and more. The community will feature bike storage, security camera system, a mail and storage room, trash chute system, conference room and co-working space, elevator, an elevated outdoor balcony for common use, and 18 parking spaces.

# of Household Members 80% Maximum Income Limit 100% Maximum Income Limit
1 $62,950 $78,680
2 $71,950 $89,920
3 $80,950 $101,160
4 $89,900 $112,400

The Maximum Household Asset Limit is $150,000.
Qualified retirement accounts are exempted.

Public Info Session
April, 28th, 2025 at 6:00 pm via Zoom
Go to zoom.com/join or call (646) 558-8656 and enter
Meeting ID: 818 9317 7595, Passcode: 088159

Application Deadline
May 20th, 2025 at 2:00 pm
Completed Applications and Mortgage Pre-Approvals must be received by this date.

Lottery
June 3rd, 2025 at 6:00pm via Zoom
Go to zoom.com/join or call (646) 558-8656 and enter
Meeting ID: 857 2736 5609, Passcode: 276410

For lottery information and Applications, or for reasonable accommodations for persons with disabilities, please visit: www.sebhousing.com or call (617) 782-6900 x2 and leave a message, or postal mail SEB Housing, 257 Hillside Ave., Needham, MA 02494. Free translation available. Traducción gratuita disponible.

Equal Housing Opportunity