WILLIAMSTOWN, Mass. — Individuals and families can now apply for one of 28 new affordable rental apartments at River Lofts, 250 Water Street. 

 

The apartments are deed-restricted in perpetuity for households earning 80 percent or less of Berkshire County's Area Median Income (AMI).

 

The Town of Williamstown has invested $2,005,000 in the Cable Mills development on Water Street over nearly two decades. At the 2007 Annual Town Meeting, residents voted to commit $1,525,000 in Community Preservation Act (CPA) funds to the project's first phase. For River Lofts specifically, Williamstown supported the project in 2024 with $480,000 — $400,000 from the town directly and $80,000 from the Williamstown Affordable Housing Trust Fund. Without the public investment, the gap between construction costs and what income-restricted households can afford to pay could not have been bridged.

 

River Lofts will include 54 energy-efficient rental apartments total, 28 of which - 52 percent of the building - will be income-restricted affordable units. All 54 units are designed to be energy efficient in accordance with the town's master plan, Envisioning Williamstown 2035.

 

Applications are available online at https://riverloftsliving.com or in person at Williamstown Town Hall lobby, 31 North Street, Williamstown.

For questions about the lottery and applications: Contact HallKeen Management at (781) 915-3060 or RiverLoftsLottery@hallkeen.com