Cable Mills
Cable Mills is a residential development located at 160 Water Street in Williamstown, MA located near Route 7 and Route 2. Built in 2016, Cable Mills consists of 61 condominiums including a mix of one-bedrooms, two-bedroom and three-bedroom units. 13 of the units are designated as income-restricted, as defined by the U.S. Department of Housing & Community Development (HUD). and sold to households earning up to 80% AMI (Area Median Income).
*Pictures of unit are of a model unit, not the actual unit. Tours of the property and unit are available once contacted and the income-verification process has begun.*
FEATURES
Elevator
On-Site Surface Parking Included
On-Site Storage (additional fees apply)
Bike Storage
Fitness Center (with cardio & lifting equipment)
Outdoor Living Room
Community Clubroom
Riverwalk
NEIGHBORHOOD
Williamstown rests in a high valley between the Green Mountains (in Vermont) and the Taconics (in New York) — a college town in an old farming community in the homeland of the Mohican people — a home for world-class art where you’ll find mountain laurel on the Appalachian trail. In summer, the Clark Art Institute expands from its collection of Impressionists into contemporary and global work and welcomes visitors to roam their hiking trails and meditate along their reflecting pools. Winter comes in with the downtown Holiday Walk, a weekend of traditional New England flair, from old- fashioned caroling to horse-drawn carriage rides and the beloved ReinDOG Parade. Don’t just visit Williamstown… Discover Williamstown!
JOIN OUR COMMUNITY / PRICING AND ELIGIBILITY
- Program: AHTF/EOHLC (Affordable Housing Trust Fund/Executive Office of Housing and Livable Communities)
- Number of Income-Restricted Condominiums: 1 (One 2-Bedroom Unit)
- Condo Size: 2-Bedroom
- Income-Restricted ADA Accessible Condos: 1 (One 2-Bedroom Unit built out for Households with Mobility Impairments)
- Maximum Income Limits: 80% AMI (Area Median Income) – Based on HUD Limits
- Asset Limit: $75,000
Asset Limit includes retirement and the assessed value of real estate owned by applicants.
Income limits and purchase prices are determined by HUD on an annual basis. To find out more about the current year’s limits, please visit this link.
2026 HUD Income Limits
| Household Size | 80% AMI |
|---|---|
| 1 | $73,650 |
| 2 | $84,200 |
| 3 | $94,700 |
| 4 | $105,200 |
| 5 | $113,650 |
| 6 | $122,050 |
Current Condo Listings
| # Beds ↑ | Price ↕ | AMI % ↕ | # Units ↕ | Accessible ↕ | Additional Details ↕ |
|---|---|---|---|---|---|
| 2-Bedroom | $185,000 | 80% | 4 | 1 Mobility - Open to All Applicants | — |
NEXT STEPS
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FAQ / FREQUENTLY ASKED QUESTIONS
Income Questions:
How is my income calculated?
The household income is calculated based on the gross income of the household. Commissions, bonuses and other regular payments are included and considered part of the gross annual income.
I didn’t file taxes last year. What do I need to provide?
Individuals or households who did not file taxes must provide a verification of non-filing from the IRS in lieu of a tax return. To obtain the verification of non-filing, applicants should fill out a 4506-T form and file it by mail or hand-deliver it to an IRS office. The IRS will mail back a letter of verification which must be provided with the income materials given to the marketing agent. See the IRS website to download a 4506-T form.
I received a pay raise between the time I picked up an application and the time I was income certified and now I am over the income limit. What do I do?
Income is calculated at the time the applicant submits an application to the lottery agent, not during the application process or at the time of the lottery. Eligibility must be maintained from the time of the application pick up until after income certification verification. Unfortunately, if an applicant’s income is over the income limit, the applicant will not be eligible for the particular unit for which they applied.
I have children in school/college, how does this affect my application?
Income from children under 18 and other dependents in school full-time is not counted the same as other sources of income. Any such earnings above $480 in annual income would not be counted towards the income limit.
Are student loans considered income?
Student loans are not considered income and may not be used to income qualify.
I am separated from my spouse, does this affect my application?
Legally married couples shall both be considered part of the household, even if separated. Applicants with additional questions regarding this policy must speak with the marketing agent/seller.
I would like to appeal a decision regarding income eligibility. How do I appeal? Applicants who are rejected will receive a rejection letter in writing and will be given 7 days for the opportunity to appeal the decision.
Property Questions:
What are the condo fees? The condo fees are estimated to be $212/month. These are subject to change due to final pricing and beneficial ownership.
What utilities are included in the condo fee? All common maintenance, common area utilities, professional management, snow plowing, elevator, insurance, & water/sewer. Owners are responsible for gas (cooking), electricity (heating/cooling, hot water, & laundry), & cable/internet (optional).
Is the stove electric or gas? Gas.
Are the washer/dryer included? Yes. In-Unit (Electric).
Is parking available? Each unit includes one deeded parking space in the purchase price.
Is storage available? Additional, on-site storage is available to rent on a first-come, first-served basis for an additional $50/month. The price is based on the market rate and is subject to change.
What is the pet policy? Pets are allowed, with some breed restrictions.
If you have additional questions about this property, please contact us.
