Suffolk Place

What is Suffolk Place?

Suffolk Place Residences is a new affordable homeownership development located at 408 Suffolk Street in Lowell, Massachusetts. The development is currently under construction and is expected to be completed in Summer 2026. It will include 33 condominium homes—30 one-bedroom units and 3 two-bedroom units—and is part of a larger mixed-use effort contributing to the continued revitalization of the Acre neighborhood.

This development is designed to create meaningful homeownership opportunities for income-eligible, first-time homebuyers earning at or below 100% of the Area Median Income (AMI). Through Suffolk Place, buyers have the opportunity to transition from renting to owning, build roots in the community, and create long-term stability.

Merrimack Valley Housing Partnership is serving as the lottery agent for the development and will also support applicants throughout the process—providing guidance, education, and resources to help first-time homebuyers successfully prepare for and sustain homeownership.

Homes will be sold through an application and lottery process in accordance with state guidelines. All units are subject to affordable housing restrictions, including resale limitations, to help ensure long-term affordability.

Marketing Period
The marketing period for Suffolk Place began on March 23, 2026. This period ensures that all interested and eligible first-time homebuyers have adequate time to learn about the opportunity and apply before the lottery.

Information Session
Missed our information sessions? You can now review the full Suffolk Place presentation on your own time. The slides walk through everything you need to know—from eligibility and pricing to the application and lottery process.
If you have questions after reviewing, our team is here to help—feel free to reach out.

How to apply?
Download the application form from the following link and send it completed to suffolkplace@mvhp.org between April 6th and May 8th. Applications received after May 8th will not be accepted for the lottery, but will be processed on a first-come, first-served basis.

Lottery Period Closed – Applications Still Being Accepted

The official Suffolk Place lottery application period is now closed. However, we are continuing to accept applications on a rolling basis should additional opportunities become available. Due to ongoing eligibility review, withdrawals, and future availability, additional applicants may still be contacted. Applications received after May 8th will not be accepted for the lottery, but will be processed on a first-come, first-served basis.

Interested applicants are encouraged to continue submitting applications.

Income Limits

Pricing

Social Media Reel
We’ve released a first look at Suffolk Place. This video offers an inside look at a one-bedroom unit currently under construction, giving a preview of the layout, design, and progress being made on the development. It’s an exciting glimpse at what future residents can expect from this new space.

Floor Plans

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