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.