Tag: affordablehousing
Precast Concrete is a Great Solution for Affordable Housing
by Rita L. Seraderian Can Precast Concrete Systems Reduce Inefficient Construction in Affordable Housing? The nation is struggling with a housing affordability crisis where income growth can’t keep pace with skyrocketing housing prices, forcing the construction industry to grapple with cost cutting measures. Housing affordability varies across the country, but the two main factors that […]
Kaplan Wraps Up Three Multi-Family Projects
Boston – Kaplan Construction, a WBE general contractor and construction management firm in Boston, announced that it has recently completed construction on three multi-family projects in Boston and Brookline which have brought 87 new residential units to market. Fenway’s Audobon Circle After demolishing an existing two-story building, Kaplan oversaw the construction of a new 55,665sf, five-story […]
Shingle by Shingle
by Brent Maugel Eric Bibb, a blues artist, wrote a song called “Shingle by Shingle” and sings, “I’m fixing up the roof, shingle by shingle… got water in the well and I’m grateful.” We can be grateful that for most designers in New England, our pipelines are full, our own “water in the well.” But […]
WIC Profile: Elizabeth Collins
Submitted by Peabody Properties Elizabeth (Betsy) Collins is vice president of development at Peabody Properties, a full-service real estate firm managing more than 13,000 housing units, primarily in New England. Since joining Peabody Properties 15 years ago, Betsy has been responsible for the successful development or repositioning of more than $550 million of completed affordable […]
Kostaras Named President/CEO of Habitat Boston
Boston – The board of directors for Habitat for Humanity Greater Boston has selected architect and urban planner James Kostaras as its new president and CEO. Kostaras began transitioning into his duties in December of 2019 with the assistance of outgoing president and CEO Lark Palermo. Kostaras says his goal is to help more families […]
Three Affordable Housing Projects Receive Loans
Providence, RI – Citizens Bank announced that its Community Development Group has provided $24.2 million in construction loans for three separate affordable housing projects in Massachusetts. Citizens is providing an $11.7 million loan to RHW Development LLC, whose sponsors are EA Fish Development and Planning Office for Urban Affairs, for the new construction of 64 […]
BPDA Approves 433 Income-Restricted Units in February
Boston – The Boston Planning & Development Agency (BPDA) board of directors this month approved development projects in neighborhoods across the city of Boston, which will result in new residential units, economic development, and jobs. The projects approved this month will create an additional 625 residential units, 433 of which are income-restricted, representing nearly 70% of […]
BPDA Approves New Affordable Projects
Boston – The Boston Planning & Development Agency (BPDA) board of directors this month approved development projects in neighborhoods across the city of Boston, which will result in new residential units, economic development and jobs. The three, fully affordable residential projects located in Roxbury will bring 79 new income-restricted units and 12 renovated income-restricted units to […]
Fitchburg Affordable Housing Receives Financing
Boston – MassHousing has provided $14.4 million in affordable housing financing to an affiliate of the Barkan Companies, to extend the affordability of the Fitchburg Green affordable housing community in Fitchburg, and make property improvements to the 159-unit property. As a result of the MassHousing financing, affordability protections for lower-income senior citizens and families living […]
Holyoke Housing Community Receives Financing
Boston – MassHousing has closed on $8.9 million in affordable housing financing to an affiliate of Mount Holyoke Management, LLC, to make property improvements at the 127-unit S.C. Hamilton Apartments and extend affordability restrictions at the property for at least 40 years. The S.C. Hamilton Apartments are in four low-rise, brick buildings on adjacent streets […]
