Local Government and Politics, News

Affordability in question at King’s Lynne Apartments

From top left, 10-year residents Gloria and Aurelio Birriel, 43-year resident Raymonde "Raye" Weiss, 6-year resident Maria Torres and 4-year resident Ana Perdono are some of the residents who may be affected by the long-term mortgage subsidy expiring this month. (Olivia Falcigno)
LYNN — How much of King’s Lynne Apartments will remain affordable is in question as the property’s 40-year mortgage subsidy is set to expire this month, causing concern among residents, who fear their rents will increase.  Established in 1974, King’s Lynne has long been considered a model for mixed-income housing. That balance of 40 percent…

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