Tag: affordablehousing

BPDA Approves Four Residential Projects

| January 18, 2019

Boston – The Boston Planning & Development Agency (BPDA) Board of Directors approved residential development projects in Mattapan, East Boston, South Boston, and Fenway at its January meeting. In total, the projects will create 559 residential units, including 90 income-restricted units, and a fully affordable senior housing development. Development projects are: Grace Apartments – Developed by the […]

Continue Reading

Springfield Affordable Housing Community Receives Financing

Springfield Affordable Housing Community Receives Financing

| January 16, 2019

Boston – MassHousing is providing $50 million in affordable housing financing to Related Companies to refinance and renovate the Chestnut Park Apartments in downtown Springfield. The contractor will be ETC Companies, LLC, the architect is The Architectural Team, and the management agent is Related Management Company. The MassHousing financing will allow Related to preserve affordability at the 489-unit housing […]

Continue Reading

Springfield Affordable Housing Community Receives Bond

| January 14, 2019

Springfield, MA – MassDevelopment has issued a $9,190,000 tax-exempt bond on behalf of BH Chestnut Crossing LLC, an affiliate of Home City Development, Inc. (HCDI), which will use bond proceeds to renovate and enlarge rental units at an apartment building at 275 Chestnut St. in Springfield. MassDevelopment also assisted the Massachusetts Department of Housing and […]

Continue Reading

Financing Secured for Dorchester Affordable Housing Community

| January 10, 2019

Boston – MassHousing is providing $2.1 million in affordable housing financing from the agency’s Workforce Housing Initiative to support a housing community to be built at 233 Hancock St. in Dorchester, developed by Arx Urban. The general contractor is Haycon. The architect is Rode Architects Inc. and the management agent is Trinity Management LLC. The MassHousing financing will help transform […]

Continue Reading

Orient Heights Phase 2 Underway

Orient Heights Phase 2 Underway

| January 10, 2019

Easton, MA –  Construction is underway for the second phase of the redevelopment of the Orient Heights public housing community in Easton. MassHousing is supporting the project by providing $26 million in financing to Trinity Financial, Inc. and the East Boston Community Development Corporation, the team redeveloping the site with the Boston Housing Authority. MassHousing supported the first phase […]

Continue Reading

Workforce Housing Development Receives $1.5M in Financing

Workforce Housing Development Receives $1.5M in Financing

| December 10, 2018

Boston – MassHousing is providing $1.5 million in affordable housing financing from the Agency’s Workforce Housing Initiative to support the development of the Village at Nauset Green by Pennrose, LLC, a new, 65-unit rental housing community being built on a vacant parcel owned by the Town of Eastham. The MassHousing workforce housing financing will allow the Village […]

Continue Reading

O’Connor Way Senior Housing Breaks Ground

O’Connor Way Senior Housing Breaks Ground

| December 6, 2018

Boston – Caritas Communities, a nonprofit providing very low income individuals with permanent housing, broke ground in South Boston on 46 units of affordable housing for seniors. Completion is scheduled for February 2020. The architect is Davis Square Architects of Somerville. The general contractor is Bilt-Rite Construction Inc. of Boston. Caritas Communities was joined by Boston […]

Continue Reading

MassHousing Finances $45M Development

MassHousing Finances $45M Development

| November 29, 2018

Boston – MassHousing has closed on $45.7 million in financing to the Jamaica Plain Neighborhood Development Corporation (JPNDC) for the acquisition, preservation, and renovation of a 201-unit scattered site affordable housing portfolio in Roxbury and Dorchester. JPNDC utilized MassHousing financing to purchase the portfolio of six affordable housing communities, located on 21 scattered sites in Boston, from […]

Continue Reading

MassHousing Finances Development

MassHousing Finances Development

| November 26, 2018

Boston – MassHousing has closed on $45.7 million in financing to the Jamaica Plain Neighborhood Development Corporation (JPNDC) for the acquisition, preservation, and renovation of a 201-unit scattered site affordable housing portfolio in Roxbury and Dorchester. JPNDC utilized MassHousing financing to purchase the portfolio of six affordable housing communities, located on 21 scattered sites in Boston, […]

Continue Reading

Fish Sisters Receive Anna Bissonnette Award

Fish Sisters Receive Anna Bissonnette Award

| November 21, 2018

Braintree, MA – Peabody Properties, a real estate and property management firm, announced that CEO Karen Fish-Will and COO Melissa Fish-Crane have received the Anna Bissonnette Award from Hearth, Inc. Fish-Will and Fish-Crane accepted the award during the Hearth Inc. annual celebration and award gala, held on Nov. 8 at the Four Seasons Hotel in […]

Continue Reading

For more info on how to submit content or advertise with High-Profile, connect with us here!

Would you like more info on how to submit content or advertise with High-Profile?

 

Connect with us here!