Heritage Apartments

In Exchange for $10.8 million in financing, the owner First Church in Malden Home's Inc. will agree to extend afforability until 2046, renew the development's Section 8 contracts and maintain 100% ogf the units as affordable for households earning no more than 80% of the area median income, which is $52,900 for a family of two in Malden.
In addition 86% (152) of the units will be affordable to households earning no more than 60% of the area median income which is $39,720 for a family of two in Malden