Union Street Lofts

184 State St , New Bedford, Massachusetts 02740

The Union Street Lofts, made up of 5 turn-of-the-century buildings, offer 35 loft style apartment homes. Each loft is unique and designed to provide the maximum amount of natural light with high ceilings and open floor layouts for comfort and creativity.

If the excitement and activity of living in a historic urban neighborhood is what you enjoy, living in downtown New Bedford allows for easy access to some of the best art galleries and museums New Bedford has to offer. The Union Street Lofts are a short walk to the Historic Waterfront District, as well as a myriad of restaurants, art galleries, museums and specialty shops.

The Union Street Lofts consist of studio, one and two bedroom lofts with finishes including a mix of hardwood floors, wall-to-wall carpeting, and new energy efficient over sized windows. Kitchens are fully applianced and several lofts have harbor views.

The property address is 516 Pleasant Street, New Bedford MA. Tours are provided by appointment only, please contact the management team for availability.

Union Street Lofts Details

  • 78 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Unit Amenities

  • Hardwood Floors
  • Energy Saving Windows
  • Fully Equipped Kitchen

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.

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 Union Street Lofts.

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

Union Street Lofts is managed by HallKeen Management.

Image of Union Street Lofts
Image of Union Street Lofts

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