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Council approves River's Edge amendment to add 32 income-restricted owner-occupied units
Summary
The council voted unanimously to amend the River's Edge development plan, allowing Residents First to add 32 owner-occupied, income-restricted units and increasing the project from 155 to 187 units; supporters said units will include 30-year deed restrictions and a lottery will be used for eligibility.
The Lowell City Council on Nov. 25 approved an amendment to the River's Edge (Julian D. Steel) development plan that will allow Residents First Development Corporation to add 32 owner-occupied, income-restricted units to the project. Attorney John Geary said approval was needed to move forward with permitting and funding; he told the council the Executive Office of Housing and Livable Communities and the housing authority have already approved the amendment.
"The amended plan…
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