About This Property
Loft Five 50 is a 75-unit residential building in Lawrence, MA that includes 72 low-income units serving families, individuals with disabilities, and formerly homeless residents. The property features 17 one-bedroom and 58 two-bedroom units and has been in service since 2012. Financing for this property includes HOME funds and 9% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Lawrence Housing Authority
The Lawrence Housing Authority is currently accepting federal public housing waiting list applications for elderly/disabled individuals requesting an Efficiency or 2 bedroom apartment, and the family federal public housing waiting list is also open. Applications are accepted by contacting the LHA office, and preferences affect waitlist placement based on the date and timestamp of application.
Applicants are placed on the waitlist by date and time of application receipt; local preference for Lawrence residents or workers, and veteran preference may apply. Income limits apply at admission, with at least 75% of admissions for extremely low-income families; criminal background checks are conducted.
Waitlist data provided by section8waitlist.org
Updated July 8, 2026
Property Details
Fair Market Rent - Essex County, MA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $2,212 |
| 1 Bedroom | $2,377 |
| 2 Bedroom | $2,827 |
| 3 Bedroom | $3,418 |
| 4 Bedroom | $3,765 |
Income Limits - Essex County, MA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $28,200
- Very Low (50%)
- $47,000
- Low (80%)
- $70,750
- Extremely Low (30%)
- $32,200
- Very Low (50%)
- $53,700
- Low (80%)
- $80,850
- Extremely Low (30%)
- $36,250
- Very Low (50%)
- $60,400
- Low (80%)
- $90,950
- Extremely Low (30%)
- $40,250
- Very Low (50%)
- $67,100
- Low (80%)
- $101,050
- Extremely Low (30%)
- $43,500
- Very Low (50%)
- $72,500
- Low (80%)
- $109,150
- Extremely Low (30%)
- $46,700
- Very Low (50%)
- $77,850
- Low (80%)
- $117,250
- Extremely Low (30%)
- $49,950
- Very Low (50%)
- $83,250
- Low (80%)
- $125,350
- Extremely Low (30%)
- $53,150
- Very Low (50%)
- $88,600
- Low (80%)
- $133,400
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $28,200 | $47,000 | $70,750 |
| 2 Persons | $32,200 | $53,700 | $80,850 |
| 3 Persons | $36,250 | $60,400 | $90,950 |
| 4 Persons | $40,250 | $67,100 | $101,050 |
| 5 Persons | $43,500 | $72,500 | $109,150 |
| 6 Persons | $46,700 | $77,850 | $117,250 |
| 7 Persons | $49,950 | $83,250 | $125,350 |
| 8 Persons | $53,150 | $88,600 | $133,400 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lawrence, MA?+
The Fair Market Rent (FMR) for Essex County, MA is: $2212 (Studio), $2377 (1BR), $2827 (2BR), $3418 (3BR), $3765 (4BR). Actual rent at subsidized properties like Loft Five 50 is typically 30% of household income or less.
What size apartments are available at Loft Five 50?+
Loft Five 50 offers the following unit types: 17 One-Bedroom, 58 Two-Bedroom units, for a total of 75 units.
What is the price range for apartments in Lawrence, MA?+
Based on Fair Market Rent for Essex County, the estimated price range is: 1-bedroom: $2377, 2-bedroom: $2827. Actual rent at Loft Five 50 may be lower for income-eligible households.
What are the income limits for affordable housing in Essex County, MA?+
For a 4-person household in Essex County, MA, the income limits are: Extremely Low Income (30% AMI): $40,250, Very Low Income (50% AMI): $67,100, Low Income (80% AMI): $101,050. These limits are set by HUD and updated annually.
How do I apply for housing at Loft Five 50?+
Loft Five 50 is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Is there a waitlist for Loft Five 50?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who is eligible to live at Loft Five 50?+
Loft Five 50 primarily serves families, persons with disabilities, formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Loft Five 50?+
Loft Five 50 is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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