Local Government and Politics, News

New lease agreement keeps majority of Harbor Loft units affordable in Lynn

A woman walks up to the entrance of the Harbor Loft Apartments at 7 Liberty Square in Lynn. A new lease agreement will keep many of the units at the Harbor Loft Apartments affordable through 2071. (Spenser Hasak)
LYNN — A new lease agreement ensures that the majority of rental units at the Harbor Loft Apartments will be affordable housing for the next 50 years. The Economic Development & Industrial Corporation (EDIC/Lynn) signed the agreement with Crowninshield Management Corporation, which manages the two buildings, located at 7 Liberty Square and 678 Washington St.…

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