Manomet Place

194 Riverside Ave, New Bedford, Massachusetts 02746

Spectacular apartment homes for seniors in New Bedford, MA! Reintroducing beautifully designed apartment homes in the Historic Manomet Mills . Formally known as home of the Cliftex Corporation, Clipper Craft Clothing, the newly renovated mill has been beautifully redesigned to offer spacious one and two bedroom floor plans, many with astounding views of the Acushnet River.

Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom w/ Den (1/1) 1150 Call for Price
1 Bedroom (1/1) 950 Call for Price
2 Bedroom (2/2) 1450 Call for Price
2 Bedroom w/ Den (2/2) 1750 Call for Price

Manomet Place Details

  • 76 0 and 0 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • HOME Investment Partnerships Program
  • State or Local Program

Property Amenities

  • Controlled Access
  • Fitness Center
  • Community Room
  • 24hr Emergency Maintenance
  • Energy Star Appliances
  • Pet Friendly
  • On-site Laundry

Unit Amenities

  • Air Conditioning
  • Ceiling Fan(s)
  • Window Coverings
  • Breakfast Bar

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

New Bedford Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in New Bedford but actual income limits may differ for units at Manomet Place.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $29,450 $33,650 $37,850 $42,050 $45,450 $48,800 $52,150 $55,550
Low Income (60%) $35,340 $40,380 $45,420 $50,460 $54,540 $58,560 $62,580 $66,660

Manomet Place is managed by WinnResidential .

Image of Manomet Place
Image of Manomet Place

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