Multi Residential

New Round of Mass. Neighborhood Stabilization Program Capital Grants Announced

Boston – The Healey-Driscoll Administration and MassHousing recently announced a total of $8.1 million in Neighborhood Stabilization Program grants to 11 community-based organizations, to fund the redevelopment or rehabilitation of 56 affordable homes, including 24 new affordable homeownership opportunities.

“The Neighborhood Stabilization Program helps revitalize neighborhoods and expand homeownership opportunities by transforming underutilized properties into affordable housing,” said Mass. Governor Maura Healey. “We have to use every tool in our toolkit to address our housing crisis, and rehabilitating blighted properties is key to increasing our housing supply and strengthening our neighborhoods.”

Awarded Projects:

  • 104 Walter St, Boston: Habitat for Humanity of Greater Boston, Inc. will renovate and convert a vacant single-family home in Boston’s Roslindale neighborhood into a two-unit affordable homeownership condominium.
  • 1876 Beacon Street, Brookline: Caritas Communities will renovate and continue to manage this older, affordable 15-unit single room occupancy rental property.
  • 26 Poquanticut Avenue, Easton: In partnership with the Town of Easton and the Town’s Affordable Housing Trust, South Shore Habitat intends to tear down the existing blighted home and build a single-family home that will be offered to a lower-income homebuyer at an affordable price.
  • 50 Granite Street, Fitchburg: Habitat for Humanity North Central Massachusetts will construct a new single-family home for sale to a lower-income first time homebuyer on this formerly city-owned lot.
  • 42 Cleveland Street, Greenfield: Ownership of this four-bedroom home is anticipated to be transferred to Rural Development, Inc., which will rehabilitate and upgrade it, and sell it to a lower-income first-time homebuyer.
  • 141-147 High Street, Holyoke: One Holyoke Community Development Corporation will partner with a local developer to renovate this historic mixed-use building in the city’s retail center, creating eight new affordable rental units plus first floor commercial space.
  • Various sites, Lynn: The Latino Support Network and its development partners will purchase and renovate two three-family properties in Lynn, creating six new homeownership opportunities for low- and moderate-income first-time homebuyers.
  • First Street, Montague: Pioneer Valley Habitat for Humanity will build six all-electric, energy efficient detached single-family homes on a former blighted parking lot near the center of Montague.
  • 82-84 Robbins Avenue and 266-268 Onota Street, Pittsfield: Central Berkshire Habitat for Humanity will build four new three-bedroom homeownership units on these two parcels in Pittsfield’s Westside Neighborhood, and will sell them to lower-income first-time homebuyers.
  • Prospect Street, Springfield: HOPE Community Development Corporation and its local development partners will build a new two-family home on a long-vacant and blighted parcel. The developer will sell the property to a moderate-income homeowner, who will in turn rent the second unit to a low- or moderate-income tenant.
  • Various properties, Springfield: Revitalize Community Development Corporation will work with existing homeowners with significant housing rehabilitation needs to correct building and sanitary code violations and make other improvements to four properties, totaling eight units.