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.

How to apply?
Download the application form from the following link and send it completed to suffolk@mvhp.org between April 6th and May 8th. Applications will not be accepted before or after this date.

Important Dates & Application Submission

Applications must be postmarked or received by the deadline and must be received within 5 business days. Late applications will not be accepted under any circumstances.

DateDetails
Monday, April 6, 2026Application Period Opens
Friday, May 8, 2026 at 4PMApplication Period Ends
Monday, June 1, 2026Public Lottery Drawing

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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