Tag: affordablehousing
State Funding Awarded to Swampscott Senior Housing
Brighton, MA – On July 18, Governor Charlie Baker and Undersecretary Janelle Chan of the Massachusetts Department of Housing and Community Development (DHCD), announced the 2019 annual affordable rental housing funding awards. B’nai B’rith Housing’s Senior Residences at the Machon development was one of the 28 funding recipients. The complete list of funded projects was […]
QA+M Architecture Honored by NAHRO
Farmington, CT – QA+M Architecture has been honored by The National Association of Housing and Redevelopment Officials (NAHRO) with a 2019 Award of Merit for the Foran Towers Revitalization project. Foran Towers is a five-story, 42-unit affordable housing development built in the mid-1960s in Milford. The project was celebrated at the annual NAHRO conference on […]
Peabody Housing Community to Remain Affordable for Residents
Boston – MassHousing has closed on $49.3 million in affordable housing financing to WinnCompanies to preserve affordability for lower-income households at The Tannery in Peabody. WinnCompanies purchased the 284-unit affordable housing community under Chapter 40T, preventing the conversion of affordable apartments to market rates and protecting the tenancies of dozens of low-income residents. The MassHousing financing […]
North 116 Flats Housing Community in Development
Sunderland, MA – Dallas, Texas-based Fountain Residential Partners, in a joint venture with HC2 Capital, announced the development of its first housing community in Massachusetts, North 116 Flats. Located at 653 Amherst Road in Sunderland, the property is located just north of the town of Amherst and the UMass Campus, and will provide 150 units […]
Callahan Announces Groundbreaking
Cambridge, MA – Callahan Construction Managers announced the groundbreaking of Squirrelwood Apartments, a 12-building, 88-unit affordable housing development owned by Just-A-Start Corporation. Callahan and Davis Square Architects were tasked to renovate the 10 existing buildings and execute the design and construction of two new infill buildings, along with an addition to an existing building. The […]
BPDA Board Approves Projects
Boston – The Boston Planning & Development Agency (BPDA) Board of Directors approved development projects in June that will create an additional 324 residential units, including 39 income-restricted units, and 717 trade jobs, 572 direct jobs and 382 indirect and induced jobs. The Dock Square Garage project will add 200 residential units, including 27 income-restricted, […]
MassHousing Finances Redevelopment
Boston – MassHousing has closed on $35.8 million in affordable housing to Trinity Financial for the redevelopment of the former Worcester County Courthouse in downtown Worcester. The financing will be used to redevelop the former courthouse into 117 apartments for households across a wide range of incomes, including 45 workforce housing units. The general contractor is […]
Melissa Fish-Crane Gets NAHMA Award
Braintree, MA – Peabody Properties, a full-service real estate and property management firm, announced that COO Melissa Fish-Crane was awarded the National Affordable Housing Management Association (NAHMA) President’s Award at its winter meeting earlier this month in Washington, D.C. Fish-Crane was recognized in part for dedicating more than 20 years to superior achievement in the […]
City of Boston Awards Grant for Redevelopment of Historic Church
Boston – Mayor Martin J. Walsh, the city’s Community Preservation Committee and the Boston City Council have awarded $500,000 to the nonprofit Historic Boston Inc. (HBI) for acquisition and redevelopment of the historic St. James African Orthodox Church in Roxbury as affordable housing and neighborhood workspace. The grant is among the first secured by HBI […]
Two Affordable Housing Communities to Undergo Renovations
Orange, MA – MassHousing has provided a total of $11.6 million in affordable housing financing to the non-profit Retirement Housing Foundation (RHF), for the renovation and preservation of two adjacent affordable housing communities in Orange. As part of the transaction, RHF will combine the 120-unit King James Court property, which serves elderly and disabled residents, […]
