On March 2nd, Baker Administration officials were joined by local officials and project sponsors in a virtual announcement of 12 affordable housing awards. Housing and Economic Development Secretary Mike Kennealy and DHCD Undersecretary Jennifer Maddox were joined by, among others, Emilio Dorcely, CEO of Urban Edge.
Funds were awarded to 12 projects in 8 communities, which, when completed, will create 572 homes, including 507 affordable units. These projects will collectively receive more than $46 million in direct subsidies, as well as state and federal low-income housing tax credits that will result in $125 million in equity.
Eight of the 12 projects were sponsored, or co-sponsored, by MACDC Members. When completed, these 8 projects will provide 357 units, including 340 affordable rental units:
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The Residences at Kelly’s Corner, a new construction project in Acton, is sponsored by Common Ground Development Corporation, a wholly-owned subsidiary of Community Teamwork. It will provide 31 affordable units for seniors.
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Urban Edge will construct 65 units of affordable family housing at its 1599 Columbus Avenue project in Boston, built to Passive House standards.
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Seniors will be served at 9 Leyland by Dorchester Bay EDC, by the new construction of 43 affordable units in Boston, also to Passive House standards.
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Dudley Crossing will provide 47 family units, with 42 of these being affordable units. Nuestra Comunidad is the sponsor of this combination new construction and preservation project.
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The Neighborhood Developers, in partnership with Traggorth Companies, will construct 1005 Broadway in Chelsea. When completed, the project, built to Passive House standards, will provide 38 affordable family units.
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CDC of South Berkshire received an award for the construction of 910 Main Street in Great Barrington, to provide 49 affordable family units.
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The Lighthouses is a 46-unit new construction, all affordable project that will be built to Passive House standards, on two sites in Salem. The project is sponsored by North Shore CDC.
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Neighborhood of Affordable Housing (NOAH) will undertake a historic rehabilitation/adaptive re-use project in Taunton’s central business district. Union Block, a mixed-use project, will provide 38 units, including 26 affordable units.
Massachusetts has successfully moved forward during a difficult year to fund the creation of desperately-needed affordable homes. The Commonwealth’s success is due, in large part, to the diligence, skill, and commitment to mission of community-based organizations across the Commonwealth- many of whom MACDC is proud to call its Members.
