The Baker-Polito Administration, on July 18, announced $118 million in funding for the production and preservation of 1,581 affordable homes. Eighty million dollars in government funding, together with another $38 million in low income housing tax credits will fund 28 projects and support the construction and renovation of 1,349 affordable homes and 273 units for extremely low-income households.
Projects will be spread across several communities in Massachusetts and include three transit-oriented projects, five projects for seniors, and two public housing rehabilitation projects.
Of the 28 projects funded, 10 are being undertaken by nine MACDC members: Nuestra Comunidad Development Corp., Dorchester Bay EDC, Urban Edge, Mission Hill Neighborhood Housing Services, The Neighborhood Developers, North Shore CDC, B’nai B’rith Housing, The Women’s Institute, and Worcester Common Ground.
Nuestra Comunidad’s Bartlett Station Building A project, part of a multi-phase redevelopment of a former MBTA lot in Roxbury, will offer 42 new rental units (30 of which will be affordable, and 12 that will be restricted for extremely low-income households).
Dorchester Bay EDC’s Dudley Terrace Apartments project in Dorchester, will renovate 56 affordable rental units (20 of which will be further restricted for extremely low-income households, including formerly homeless households).
Urban Edge’s Holtzer Park project, a new construction transit-oriented development in Jamaica Plain, will offer 62 new rental units (44 of these units will be available to low-income households, 13 of which will be further restricted for extremely low-income households, including formerly homeless households).
The Neighborhood Developers’ St. Therese Condo project in Everett will consist of the redevelopment of a site as low-income housing with services for seniors. Phase I of the project will feature 44 affordable units for seniors (eight that will be further restricted for extremely low-income seniors). Phase II will feature 33 affordable units for seniors (six that will be further restricted to extremely low-income seniors).
North Shore CDC’s Harbor Village project in Gloucestor is a mixed-use project consisting of both affordable rental units and commercial/retail space in the city’s downtown area. When completed, the project will offer 30 affordable units (with eight being further restricted for extremely low-income households).
B’nai B’rith Housing’s Senior Residences at The Machon will offer 38 new affordable rental units for senior households (eight further restricted for extremely low-income senior households).
The Women’s Institute’s Terrapin Ridge project, a new construction housing project for families in Sandwich, will offer 30 new affordable rental units (with 14 further restricted for extremely low-income households).
Worcester Common Ground’s 126 Chandler, a new construction and adaptive re-use housing project, will offer 31 units to low-income households (nine of which would be further restricted for extremely low-income households).
Thank you to the Baker Administration for providing support for affordable housing in the Commonwealth, and congratulations to all awardees!