Third Street Project — Income-Restricted Housing in Fall River, MA 02721
465 Third St, Fall River, MA 02721
12 units · 2 BR
How to apply
- No phone is listed. Try visiting the property or asking the city housing office how to apply.
- These records do not show openings — call to confirm vacancies and waiting lists.
At this building
- Opened
- 1999
- Income limit
- 60% AMI
- Bedrooms
- 12 2 bedrooms
Map loads here…
This buildingNearbyOpen a pin for the building name.
Nearby income-restricted buildings
Hudner Building
145 Old Second St, Fall River, MA 02721
0 mi away
39 units · 1–2 BR · People with disabilities
Holmes Apts
34 Whipple St, Fall River, MA 02721
0.1 mi away
230 units · 1–2 BR
- Apply through Fall River Housing Authority
- Residents waited about 18 months to move in (HUD, Oct 2026)
- Most residents are 62 or older
Landmark at Fall River
332 Milliken Blvd, Fall River, MA 02721
0.2 mi away
88 units · 44 income-restricted · Studio–1 BR
Plymouth, Fifth & Tecumseh Project
685 Plymouth Ave, Fall River, MA 02721
0.2 mi away
12 units · 1–4+ BR
Borden Street Housing
111 Borden St, Fall River, MA 02721
0.3 mi away
261 units · 260 income-restricted · 1–2 BR · People with disabilities
Rents and income limits in 02721
- Fair market rent, 2 bedrooms
- $1,560/mo
- Income needed to pay it at 30% of income
- $62,400/yr
- Renters in 02721 paying 30% or more of income on rent
- 52%
Income limits (2026)
Providence-Fall River, RI-MA area · median family income $112,100. Your household's yearly income before taxes must be at or below the limit.
| People | Extremely low 30% | Very low 50% | Low 80% |
|---|---|---|---|
| 1 | $23,600 | $39,250 | $62,800 |
| 2 | $26,950 | $44,850 | $71,800 |
| 3 | $30,300 | $50,450 | $80,750 |
| 4 | $33,650 | $56,050 | $89,700 |
| 5 | $38,680 | $60,550 | $96,900 |
| 6 | $44,360 | $65,050 | $104,100 |
| 7 | $50,040 | $69,550 | $111,250 |
| 8 | $55,720 | $74,000 | $118,450 |
Section 8 vouchers: up to the 50% limit, and most go to households under 30%. Public housing: up to 80%. Tax-credit apartments: usually up to 60% of median income, between the 50% and 80% columns.
Fair market rents (2027)
HUD's estimate of rent plus utilities for a modest home. Housing authorities set Section 8 voucher limits from it.
| Size | 02721 | Wider area |
|---|---|---|
| Studio | $1,190 | $1,423 |
| 1 bedroom | $1,270 | $1,509 |
| 2 bedrooms | $1,560 | $1,879 |
| 3 bedrooms | $1,880 | $2,302 |
| 4 bedrooms | $2,240 | $2,615 |
Wider area = Providence-Fall River, RI-MA. Two-bedroom fair market rents in 12 nearby ZIPs range from $1,660 (02723) to $2,430 (02871).
Census figures for 02721 (2020–2024 average): median rent $1,102. Median household income $52,841. 66% of homes are rented. 52% of renters pay 30% or more of their income on rent, and 22% pay half or more.
Census median rent is what renters here actually pay, including long-term leases. Fair market rent is HUD's estimate for a modest apartment available now.
Sources: HUD income limits FY2026; HUD Fair Market Rents FY2027 (Small Area FMR for ZIP figures); U.S. Census Bureau American Community Survey 5-year 2020–2024. Each program and building can set its own limits — confirm with the property.
Estimate your Section 8 rent share
Project-based Section 8 is on the buildings above. A Housing Choice Voucher is different: you apply with the housing authority, then find a landlord who takes it. Your share of rent is based on income — not always 30%. The calculator uses 02721's fair market rent.
Estimate your Section 8 rent share for 02721Frequently Asked Questions
How do I apply to Third Street Project?
No phone is listed for Third Street Project. Try the city housing office or, for USDA rural properties, USDA's Multifamily Housing search. These records do not show openings.
Is Third Street Project Section 8 housing?
Third Street Project is listed as income-restricted housing in Fall River, MA 02721 (lihtc). It is not labeled as project-based Section 8 in this file. Call to ask which programs they run.
How many units are at Third Street Project?
Public records list 12 units at Third Street Project in Fall River, MA 02721. That is a building size, not a count of open apartments.
Are there other affordable apartments near Third Street Project?
Yes — this page lists other income-restricted buildings in 02721 and nearby ZIP codes. Open a nearby card for the address and phone. Lists still do not show vacancies.
People Also Ask
How do I get into Third Street Project?
Call the number on this page and ask about the waiting list or how to apply at Third Street Project in Fall River, MA 02721. Public housing is through the housing authority. Bring ID and income documents when they tell you to. This site cannot submit an application for you.
How do I qualify for affordable housing in Fall River, MA 02721?
Most income-restricted buildings in Fall River, MA 02721 serve households at or below 50% or 80% of area median income. HUD's 2026 very low-income (50%) limit for a 1-person household is $39,250, and $56,050 for a 4-person household. Public housing can go up to 80% ($62,800 for 1 person). Each building sets its own cap — call to confirm before you apply. Citizenship, household size, and local preferences can also apply.
What is the income limit for low-income housing in Fall River, MA 02721?
For many programs in Fall River, MA 02721, the 2026 HUD very low-income (50%) limit is $39,250 a year for 1 person and $56,050 for 4 people. The low-income (80%) limit is $62,800 for 1 person. Tax-credit buildings often use 60% of median income. Confirm with the property — they can be stricter.
How much rent do you pay for low-income housing in Fall River, MA 02721?
In public housing and most Section 8 in Fall River, MA 02721, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Fall River, MA 02721 is $1,560 a month (rent plus utilities for a modest unit). Tax-credit apartments use set rents below market, not always 30% of income. Call the building for the actual rent; this site is not a vacancy or price list.
Does Third Street Project take Section 8 vouchers?
This file does not say that Third Street Project has a project-based Section 8 contract. Some landlords in Fall River, MA 02721 accept Housing Choice Vouchers; you have to ask. Apply for a voucher with the housing authority, then call Third Street Project.
Sources: HUD LIHTC database, 2024 (released Apr 2026); HUD Multifamily Assisted Properties, Oct 2026; HUD Public Housing Developments, Oct 2026. Not affiliated with HUD or USDA. Details can be out of date — confirm with the property before applying. Report a correction.