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Canal Lofts

48 Water Street, Worcester, MA 01604

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Lorena Bentley
Rent Beds Baths SqFt
$1,150 - 1,850 per Month† 1 - 2 Beds 1 - 2 Baths 833 - 1,487 Sq Ft
Call (508) 752-3782 Email

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.

Ideally located near Worcester's boutique shopping and dining, educational institutions and recreational activities, Canal Lofts breathes new life into the city's historic industrial epicenter. The building has been carefully restored into 64 residences including a unique mix of bi-level lofts, 1 and 2 bedroom, and 2 plus den floor plans. Canal Lofts unites past and present with dramatic elements of Victorian architecture and sleek modern design. Expansive windows, designer kitchens and contemporary amenities create the ideal urban experience.

Dave's Thoughts On Canal Lofts

Because Canal Lofts participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Canal Lofts Amenities

  • Fitness Center
  • Clubhouse
  • Close to Public Transportation
  • Window Coverings
  • Storage
  • Custom Accent Wall Program
  • Recessed Lighting
  • Breakfast Bar
  • Kitchen Pantry
  • Linen Closets
  • Energy Star Appliances
  • On-Site Maintenance
  • Downtown Location
  • Historic Renovation
  • Loft Style
  • Exposed Brick
  • Architectural Details
  • Laundry Facility

Units at Canal Lofts

Unit (Bd/Ba) Ft2 Rent
One Bedroom Flat or Townhouse (1/1) 833ft2 $1,150 $1,225†
One Bedroom + Den (1/1) 843ft2 $1,200 $1,350†
One Bedroom Townhouse + Den (1/1) 925ft2 $1,275 $1,350†
Two Bedroom plus Den (2/2) 1156ft2 $1,530 $1,600†
Two Bedroom Flat (2/2) 1189ft2 $1,535†
Two Bedroom Townhouse (2/2) 1487ft2 $1,850†

Income Qualification for Canal Lofts

*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
50% AMI for LIHTC Units $37,150 / year $42,450 / year $47,750 / year $53,050 / year
50% AMI for LIHTC Units $36,200 / year $41,400 / year $46,550 / year $51,700 / year
50% AMI for LIHTC Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for LIHTC Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for LIHTC Units $48,550 / year $55,500 / year $62,450 / year $69,350 / year
50% AMI for LIHTC Units $48,550 / year $55,500 / year $62,450 / year $69,350 / year
50% AMI for LIHTC Units $48,550 / year $55,500 / year $62,450 / year $69,350 / year
50% AMI for LIHTC Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for LIHTC Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for LIHTC Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for LIHTC Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for LIHTC Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for LIHTC Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for LIHTC Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for LIHTC Units $37,150 / year $42,450 / year $47,750 / year $53,050 / year
50% AMI for LIHTC Units $37,150 / year $42,450 / year $47,750 / year $53,050 / year
50% AMI for LIHTC Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for LIHTC Units $36,200 / year $41,400 / year $46,550 / year $51,700 / year
50% AMI for LIHTC Units $48,550 / year $55,500 / year $62,450 / year $69,350 / year
50% AMI for LIHTC Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for LIHTC Units $48,550 / year $55,500 / year $62,450 / year $69,350 / year
50% AMI for LIHTC Units $36,200 / year $41,400 / year $46,550 / year $51,700 / year
50% AMI for LIHTC Units $48,550 / year $55,500 / year $62,450 / year $69,350 / year
50% AMI for LIHTC Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for LIHTC Units $37,150 / year $42,450 / year $47,750 / year $53,050 / year
50% AMI for LIHTC Units $37,150 / year $42,450 / year $47,750 / year $53,050 / year
50% AMI for LIHTC Units $48,550 / year $55,500 / year $62,450 / year $69,350 / year
50% AMI for LIHTC Units $48,550 / year $55,500 / year $62,450 / year $69,350 / year
50% AMI for LIHTC Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for LIHTC Units $48,550 / year $55,500 / year $62,450 / year $69,350 / year
50% AMI for LIHTC Units $36,200 / year $41,400 / year $46,550 / year $51,700 / year
50% AMI for LIHTC Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for LIHTC Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for LIHTC Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for LIHTC Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for LIHTC Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for LIHTC Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for LIHTC Units $36,200 / year $41,400 / year $46,550 / year $51,700 / year
50% AMI for LIHTC Units $36,200 / year $41,400 / year $46,550 / year $51,700 / year
50% AMI for LIHTC Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for LIHTC Units $36,200 / year $41,400 / year $46,550 / year $51,700 / year
50% AMI for LIHTC Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for LIHTC Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for LIHTC Units $48,550 / year $55,500 / year $62,450 / year $69,350 / year
50% AMI for LIHTC Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for LIHTC Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for LIHTC Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for LIHTC Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for LIHTC Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for LIHTC Units $37,150 / year $42,450 / year $47,750 / year $53,050 / year
50% AMI for LIHTC Units $48,550 / year $55,500 / year $62,450 / year $69,350 / year
50% AMI for LIHTC Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for LIHTC Units $36,200 / year $41,400 / year $46,550 / year $51,700 / year
50% AMI for LIHTC Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for LIHTC Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for LIHTC Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for LIHTC Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for LIHTC Units $37,150 / year $42,450 / year $47,750 / year $53,050 / year
50% AMI for LIHTC Units $37,150 / year $42,450 / year $47,750 / year $53,050 / year
50% AMI for LIHTC Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for PBRA Units $37,150 / year $42,450 / year $47,750 / year $53,050 / year
50% AMI for PBRA Units $36,200 / year $41,400 / year $46,550 / year $51,700 / year
50% AMI for PBRA Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for PBRA Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for PBRA Units $48,550 / year $55,500 / year $62,450 / year $69,350 / year
50% AMI for PBRA Units $48,550 / year $55,500 / year $62,450 / year $69,350 / year
50% AMI for PBRA Units $48,550 / year $55,500 / year $62,450 / year $69,350 / year
50% AMI for PBRA Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for PBRA Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for PBRA Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for PBRA Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for PBRA Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for PBRA Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for PBRA Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for PBRA Units $37,150 / year $42,450 / year $47,750 / year $53,050 / year
50% AMI for PBRA Units $37,150 / year $42,450 / year $47,750 / year $53,050 / year
50% AMI for PBRA Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for PBRA Units $36,200 / year $41,400 / year $46,550 / year $51,700 / year
50% AMI for PBRA Units $48,550 / year $55,500 / year $62,450 / year $69,350 / year
50% AMI for PBRA Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for PBRA Units $48,550 / year $55,500 / year $62,450 / year $69,350 / year
50% AMI for PBRA Units $36,200 / year $41,400 / year $46,550 / year $51,700 / year
50% AMI for PBRA Units $48,550 / year $55,500 / year $62,450 / year $69,350 / year
50% AMI for PBRA Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for PBRA Units $37,150 / year $42,450 / year $47,750 / year $53,050 / year
50% AMI for PBRA Units $37,150 / year $42,450 / year $47,750 / year $53,050 / year
50% AMI for PBRA Units $48,550 / year $55,500 / year $62,450 / year $69,350 / year
50% AMI for PBRA Units $48,550 / year $55,500 / year $62,450 / year $69,350 / year
50% AMI for PBRA Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for PBRA Units $48,550 / year $55,500 / year $62,450 / year $69,350 / year
50% AMI for PBRA Units $36,200 / year $41,400 / year $46,550 / year $51,700 / year
50% AMI for PBRA Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for PBRA Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for PBRA Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for PBRA Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for PBRA Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for PBRA Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for PBRA Units $36,200 / year $41,400 / year $46,550 / year $51,700 / year
50% AMI for PBRA Units $36,200 / year $41,400 / year $46,550 / year $51,700 / year
50% AMI for PBRA Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for PBRA Units $36,200 / year $41,400 / year $46,550 / year $51,700 / year
50% AMI for PBRA Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for PBRA Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for PBRA Units $48,550 / year $55,500 / year $62,450 / year $69,350 / year
50% AMI for PBRA Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for PBRA Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for PBRA Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for PBRA Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for PBRA Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for PBRA Units $37,150 / year $42,450 / year $47,750 / year $53,050 / year
50% AMI for PBRA Units $48,550 / year $55,500 / year $62,450 / year $69,350 / year
50% AMI for PBRA Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for PBRA Units $36,200 / year $41,400 / year $46,550 / year $51,700 / year
50% AMI for PBRA Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for PBRA Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for PBRA Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for PBRA Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
50% AMI for PBRA Units $37,150 / year $42,450 / year $47,750 / year $53,050 / year
50% AMI for PBRA Units $37,150 / year $42,450 / year $47,750 / year $53,050 / year
50% AMI for PBRA Units $40,950 / year $46,800 / year $52,650 / year $58,500 / year
60% AMI for LIHTC Units $44,580 / year $50,940 / year $57,300 / year $63,660 / year
60% AMI for LIHTC Units $43,440 / year $49,680 / year $55,860 / year $62,040 / year
60% AMI for LIHTC Units $49,140 / year $56,160 / year $63,180 / year $70,200 / year
60% AMI for LIHTC Units $49,140 / year $56,160 / year $63,180 / year $70,200 / year
60% AMI for LIHTC Units $58,260 / year $66,600 / year $74,940 / year $83,220 / year
60% AMI for LIHTC Units $58,260 / year $66,600 / year $74,940 / year $83,220 / year
60% AMI for LIHTC Units $58,260 / year $66,600 / year $74,940 / year $83,220 / year
60% AMI for LIHTC Units $49,140 / year $56,160 / year $63,180 / year $70,200 / year
60% AMI for LIHTC Units $49,140 / year $56,160 / year $63,180 / year $70,200 / year
60% AMI for LIHTC Units $49,140 / year $56,160 / year $63,180 / year $70,200 / year
60% AMI for LIHTC Units $49,140 / year $56,160 / year $63,180 / year $70,200 / year
60% AMI for LIHTC Units $49,140 / year $56,160 / year $63,180 / year $70,200 / year
60% AMI for LIHTC Units $49,140 / year $56,160 / year $63,180 / year $70,200 / year
60% AMI for LIHTC Units $49,140 / year $56,160 / year $63,180 / year $70,200 / year
60% AMI for LIHTC Units $44,580 / year $50,940 / year $57,300 / year $63,660 / year
60% AMI for LIHTC Units $44,580 / year $50,940 / year $57,300 / year $63,660 / year
60% AMI for LIHTC Units $49,140 / year $56,160 / year $63,180 / year $70,200 / year
60% AMI for LIHTC Units $43,440 / year $49,680 / year $55,860 / year $62,040 / year
60% AMI for LIHTC Units $58,260 / year $66,600 / year $74,940 / year $83,220 / year
60% AMI for LIHTC Units $49,140 / year $56,160 / year $63,180 / year $70,200 / year
60% AMI for LIHTC Units $58,260 / year $66,600 / year $74,940 / year $83,220 / year
60% AMI for LIHTC Units $43,440 / year $49,680 / year $55,860 / year $62,040 / year
60% AMI for LIHTC Units $58,260 / year $66,600 / year $74,940 / year $83,220 / year
60% AMI for LIHTC Units $49,140 / year $56,160 / year $63,180 / year $70,200 / year
60% AMI for LIHTC Units $44,580 / year $50,940 / year $57,300 / year $63,660 / year
60% AMI for LIHTC Units $44,580 / year $50,940 / year $57,300 / year $63,660 / year
60% AMI for LIHTC Units $58,260 / year $66,600 / year $74,940 / year $83,220 / year
60% AMI for LIHTC Units $58,260 / year $66,600 / year $74,940 / year $83,220 / year
60% AMI for LIHTC Units $49,140 / year $56,160 / year $63,180 / year $70,200 / year
60% AMI for LIHTC Units $58,260 / year $66,600 / year $74,940 / year $83,220 / year
60% AMI for LIHTC Units $43,440 / year $49,680 / year $55,860 / year $62,040 / year
60% AMI for LIHTC Units $49,140 / year $56,160 / year $63,180 / year $70,200 / year
60% AMI for LIHTC Units $49,140 / year $56,160 / year $63,180 / year $70,200 / year
60% AMI for LIHTC Units $49,140 / year $56,160 / year $63,180 / year $70,200 / year
60% AMI for LIHTC Units $49,140 / year $56,160 / year $63,180 / year $70,200 / year
60% AMI for LIHTC Units $49,140 / year $56,160 / year $63,180 / year $70,200 / year
60% AMI for LIHTC Units $49,140 / year $56,160 / year $63,180 / year $70,200 / year
60% AMI for LIHTC Units $43,440 / year $49,680 / year $55,860 / year $62,040 / year
60% AMI for LIHTC Units $43,440 / year $49,680 / year $55,860 / year $62,040 / year
60% AMI for LIHTC Units $49,140 / year $56,160 / year $63,180 / year $70,200 / year
60% AMI for LIHTC Units $43,440 / year $49,680 / year $55,860 / year $62,040 / year
60% AMI for LIHTC Units $49,140 / year $56,160 / year $63,180 / year $70,200 / year
60% AMI for LIHTC Units $49,140 / year $56,160 / year $63,180 / year $70,200 / year
60% AMI for LIHTC Units $58,260 / year $66,600 / year $74,940 / year $83,220 / year
60% AMI for LIHTC Units $49,140 / year $56,160 / year $63,180 / year $70,200 / year
60% AMI for LIHTC Units $49,140 / year $56,160 / year $63,180 / year $70,200 / year
60% AMI for LIHTC Units $49,140 / year $56,160 / year $63,180 / year $70,200 / year
60% AMI for LIHTC Units $49,140 / year $56,160 / year $63,180 / year $70,200 / year
60% AMI for LIHTC Units $49,140 / year $56,160 / year $63,180 / year $70,200 / year
60% AMI for LIHTC Units $44,580 / year $50,940 / year $57,300 / year $63,660 / year
60% AMI for LIHTC Units $58,260 / year $66,600 / year $74,940 / year $83,220 / year
60% AMI for LIHTC Units $49,140 / year $56,160 / year $63,180 / year $70,200 / year
60% AMI for LIHTC Units $43,440 / year $49,680 / year $55,860 / year $62,040 / year
60% AMI for LIHTC Units $49,140 / year $56,160 / year $63,180 / year $70,200 / year
60% AMI for LIHTC Units $49,140 / year $56,160 / year $63,180 / year $70,200 / year
60% AMI for LIHTC Units $49,140 / year $56,160 / year $63,180 / year $70,200 / year
60% AMI for LIHTC Units $49,140 / year $56,160 / year $63,180 / year $70,200 / year
60% AMI for LIHTC Units $44,580 / year $50,940 / year $57,300 / year $63,660 / year
60% AMI for LIHTC Units $44,580 / year $50,940 / year $57,300 / year $63,660 / year
60% AMI for LIHTC Units $49,140 / year $56,160 / year $63,180 / year $70,200 / year

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

FAQs for Canal Lofts

Does Canal Lofts have a waiting list?

Canal Lofts 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 Canal Lofts?

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.

What property management company manges Canal Lofts?

Canal Lofts is managed by WinnCompanies headquartered in Boston, Massachusetts.

In addition to Canal Lofts, how many other affordable housing properties (and units) are there in Worcester?

In addition to Canal Lofts, we list 81 other affordable properties in Worcester. Learn about these properties here. Our data research shows that there are a total of 8068 affordable units in Worcester.

When was the Canal Lofts listing last updated?

Canal Lofts listing on Affordable Housing Online was last updated on 01/02/2023 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.

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