Third Street Project

477 3rd St, Fall River, MA 02721

Waiting List Forecast: Likely Short or None

check_circleVerified for 2019 by Colleen Carter, Ric Gresia
Rent Beds Baths SqFt
Call for Rents Floorplan Info Upon Request - -
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Affordable

Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

Dave's Thoughts On Third Street Project

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Third Street Project does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Income Qualification for Third Street Project

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people 7 people 8 people
50% AMI for LIHTC Units $34,900 / year $39,850 / year $44,850 / year $49,800 / year $53,800 / year $57,800 / year $61,800 / year $65,750 / year
50% AMI for LIHTC Units $35,850 / year $41,000 / year $46,100 / year $51,200 / year $55,300 / year $59,400 / year $63,500 / year $67,600 / year
50% AMI for LIHTC Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for LIHTC Units $34,900 / year $39,850 / year $44,850 / year $49,800 / year $53,800 / year $57,800 / year $61,800 / year $65,750 / year
50% AMI for LIHTC Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for LIHTC Units $52,800 / year $60,350 / year $67,900 / year $75,400 / year $81,450 / year $87,500 / year $93,500 / year $99,550 / year
50% AMI for LIHTC Units $34,900 / year $39,850 / year $44,850 / year $49,800 / year $53,800 / year $57,800 / year $61,800 / year $65,750 / year
50% AMI for LIHTC Units $35,850 / year $41,000 / year $46,100 / year $51,200 / year $55,300 / year $59,400 / year $63,500 / year $67,600 / year
50% AMI for LIHTC Units $34,900 / year $39,850 / year $44,850 / year $49,800 / year $53,800 / year $57,800 / year $61,800 / year $65,750 / year
50% AMI for LIHTC Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for LIHTC Units $34,900 / year $39,850 / year $44,850 / year $49,800 / year $53,800 / year $57,800 / year $61,800 / year $65,750 / year
50% AMI for LIHTC Units $35,850 / year $41,000 / year $46,100 / year $51,200 / year $55,300 / year $59,400 / year $63,500 / year $67,600 / year
50% AMI for LIHTC Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for LIHTC Units $52,800 / year $60,350 / year $67,900 / year $75,400 / year $81,450 / year $87,500 / year $93,500 / year $99,550 / year
50% AMI for LIHTC Units $35,850 / year $41,000 / year $46,100 / year $51,200 / year $55,300 / year $59,400 / year $63,500 / year $67,600 / year
50% AMI for LIHTC Units $35,850 / year $41,000 / year $46,100 / year $51,200 / year $55,300 / year $59,400 / year $63,500 / year $67,600 / year
50% AMI for LIHTC Units $35,850 / year $41,000 / year $46,100 / year $51,200 / year $55,300 / year $59,400 / year $63,500 / year $67,600 / year
50% AMI for LIHTC Units $35,850 / year $41,000 / year $46,100 / year $51,200 / year $55,300 / year $59,400 / year $63,500 / year $67,600 / year
50% AMI for LIHTC Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for LIHTC Units $35,850 / year $41,000 / year $46,100 / year $51,200 / year $55,300 / year $59,400 / year $63,500 / year $67,600 / year
50% AMI for PBRA Units $34,900 / year $39,850 / year $44,850 / year $49,800 / year $53,800 / year $57,800 / year $61,800 / year $65,750 / year
50% AMI for PBRA Units $35,850 / year $41,000 / year $46,100 / year $51,200 / year $55,300 / year $59,400 / year $63,500 / year $67,600 / year
50% AMI for PBRA Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for PBRA Units $34,900 / year $39,850 / year $44,850 / year $49,800 / year $53,800 / year $57,800 / year $61,800 / year $65,750 / year
50% AMI for PBRA Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for PBRA Units $52,800 / year $60,350 / year $67,900 / year $75,400 / year $81,450 / year $87,500 / year $93,500 / year $99,550 / year
50% AMI for PBRA Units $34,900 / year $39,850 / year $44,850 / year $49,800 / year $53,800 / year $57,800 / year $61,800 / year $65,750 / year
50% AMI for PBRA Units $35,850 / year $41,000 / year $46,100 / year $51,200 / year $55,300 / year $59,400 / year $63,500 / year $67,600 / year
50% AMI for PBRA Units $34,900 / year $39,850 / year $44,850 / year $49,800 / year $53,800 / year $57,800 / year $61,800 / year $65,750 / year
50% AMI for PBRA Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for PBRA Units $34,900 / year $39,850 / year $44,850 / year $49,800 / year $53,800 / year $57,800 / year $61,800 / year $65,750 / year
50% AMI for PBRA Units $35,850 / year $41,000 / year $46,100 / year $51,200 / year $55,300 / year $59,400 / year $63,500 / year $67,600 / year
50% AMI for PBRA Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for PBRA Units $52,800 / year $60,350 / year $67,900 / year $75,400 / year $81,450 / year $87,500 / year $93,500 / year $99,550 / year
50% AMI for PBRA Units $35,850 / year $41,000 / year $46,100 / year $51,200 / year $55,300 / year $59,400 / year $63,500 / year $67,600 / year
50% AMI for PBRA Units $35,850 / year $41,000 / year $46,100 / year $51,200 / year $55,300 / year $59,400 / year $63,500 / year $67,600 / year
50% AMI for PBRA Units $35,850 / year $41,000 / year $46,100 / year $51,200 / year $55,300 / year $59,400 / year $63,500 / year $67,600 / year
50% AMI for PBRA Units $35,850 / year $41,000 / year $46,100 / year $51,200 / year $55,300 / year $59,400 / year $63,500 / year $67,600 / year
50% AMI for PBRA Units $41,450 / year $47,350 / year $53,250 / year $59,150 / year $63,900 / year $68,650 / year $73,350 / year $78,100 / year
50% AMI for PBRA Units $35,850 / year $41,000 / year $46,100 / year $51,200 / year $55,300 / year $59,400 / year $63,500 / year $67,600 / year
60% AMI for LIHTC Units $41,880 / year $47,820 / year $53,820 / year $59,760 / year $64,560 / year $69,360 / year $74,160 / year $78,900 / year
60% AMI for LIHTC Units $43,020 / year $49,200 / year $55,320 / year $61,440 / year $66,360 / year $71,280 / year $76,200 / year $81,120 / year
60% AMI for LIHTC Units $49,740 / year $56,820 / year $63,900 / year $70,980 / year $76,680 / year $82,380 / year $88,020 / year $93,720 / year
60% AMI for LIHTC Units $41,880 / year $47,820 / year $53,820 / year $59,760 / year $64,560 / year $69,360 / year $74,160 / year $78,900 / year
60% AMI for LIHTC Units $49,740 / year $56,820 / year $63,900 / year $70,980 / year $76,680 / year $82,380 / year $88,020 / year $93,720 / year
60% AMI for LIHTC Units $63,360 / year $72,420 / year $81,480 / year $90,480 / year $97,740 / year $105,000 / year $112,200 / year $119,460 / year
60% AMI for LIHTC Units $41,880 / year $47,820 / year $53,820 / year $59,760 / year $64,560 / year $69,360 / year $74,160 / year $78,900 / year
60% AMI for LIHTC Units $43,020 / year $49,200 / year $55,320 / year $61,440 / year $66,360 / year $71,280 / year $76,200 / year $81,120 / year
60% AMI for LIHTC Units $41,880 / year $47,820 / year $53,820 / year $59,760 / year $64,560 / year $69,360 / year $74,160 / year $78,900 / year
60% AMI for LIHTC Units $49,740 / year $56,820 / year $63,900 / year $70,980 / year $76,680 / year $82,380 / year $88,020 / year $93,720 / year
60% AMI for LIHTC Units $41,880 / year $47,820 / year $53,820 / year $59,760 / year $64,560 / year $69,360 / year $74,160 / year $78,900 / year
60% AMI for LIHTC Units $43,020 / year $49,200 / year $55,320 / year $61,440 / year $66,360 / year $71,280 / year $76,200 / year $81,120 / year
60% AMI for LIHTC Units $49,740 / year $56,820 / year $63,900 / year $70,980 / year $76,680 / year $82,380 / year $88,020 / year $93,720 / year
60% AMI for LIHTC Units $63,360 / year $72,420 / year $81,480 / year $90,480 / year $97,740 / year $105,000 / year $112,200 / year $119,460 / year
60% AMI for LIHTC Units $43,020 / year $49,200 / year $55,320 / year $61,440 / year $66,360 / year $71,280 / year $76,200 / year $81,120 / year
60% AMI for LIHTC Units $43,020 / year $49,200 / year $55,320 / year $61,440 / year $66,360 / year $71,280 / year $76,200 / year $81,120 / year
60% AMI for LIHTC Units $43,020 / year $49,200 / year $55,320 / year $61,440 / year $66,360 / year $71,280 / year $76,200 / year $81,120 / year
60% AMI for LIHTC Units $43,020 / year $49,200 / year $55,320 / year $61,440 / year $66,360 / year $71,280 / year $76,200 / year $81,120 / year
60% AMI for LIHTC Units $49,740 / year $56,820 / year $63,900 / year $70,980 / year $76,680 / year $82,380 / year $88,020 / year $93,720 / year
60% AMI for LIHTC Units $43,020 / year $49,200 / year $55,320 / year $61,440 / year $66,360 / year $71,280 / year $76,200 / year $81,120 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Third Street Project

Does Third Street Project have a waiting list?

Third Street Project probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Third Street Project?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

In addition to Third Street Project, how many other affordable housing properties (and units) are there in Fall River?

In addition to Third Street Project, we list 39 other affordable properties in Fall River. Learn about these properties here. Our data research shows that there are a total of 3664 affordable units in Fall River.

Listings Near Third Street Project

Curtain Lofts

420 Quequechan St., Fall River, Massachusetts 02723

bed 1-2
payment $792-1295/mo.

The Creative Class

64 Durfee St., Fall River, Massachusetts 02720

bed Studio-3

Knitting Mill Apartments

69 Alden St, Fall River, Massachusetts 02723

bed 1-2

Ship's Watch Apartments

4001 N Main St, Fall River, Massachusetts 02720

bed 1-2
payment $1185-1620/mo.

Hudner Building

145 Old 2nd Street, Fall River, Massachusetts 02721

St Mathieus Apartments

221 Wellington St, Fall River, Massachusetts 2720

bed 1
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.