Multi Residential

Residential Communities Get Financing

Whittier at Cabot

Boston – MassHousing recently closed on a total of $49.3 million in affordable housing financing to affiliates of Preservation of Affordable Housing (POAH) and the Madison Park Development Corporation to support the ongoing first phase of the Whittier Choice Neighborhoods Initiative.

The financing will advance the phased demolition and redevelopment of the Boston Housing Authority’s 200-unit Whittier Street Apartments in Roxbury.

 Preservation of Affordable Housing will utilize a total of $27.4 million in MassHousing financing to construct the 92-unit Whittier at Cabot apartments, in a midrise building and adjacent townhomes, on the site of the current Whittier Street Apartments.

Concurrently, Madison Park Development Corporation will use $21.9 in MassHousing financing to construct the 76-unit Madison Melnea Cass Apartments in nearby Madison Park Village that will offer 33 apartments for low-income families.

Madison Melnea Cass Apartments

Both new residential communities will contain a mix of affordable housing units with a preference for current Whittier Street residents, workforce housing units, and market-rate housing. The phased redevelopment of the Whittier Street Apartments will ultimately redevelop and preserve 200 public housing units, and create an additional 309 housing units.

The project has been awarded a $30 million implementation grant through HUD’s highly competitive Choice Neighborhoods program, which helps communities transform neighborhoods by revitalizing severely distressed public or assisted housing and catalyzing critical improvements in the neighborhood, including vacant property, housing, businesses, services, and schools.