Tag: affordablehousing
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, […]
Suffolk Ventures Hires Myerson
Boston – Suffolk Ventures, an affiliate of Suffolk, has hired Sara Myerson, the former director of planning for the Boston Planning and Development Agency, as its new vice president. Previously, she served as the chief of staff and director of policy at Preservation of Affordable Housing (POAH) in Boston. She began her career at Goldman […]
Braintree RE Firm Exceeds $15M in No-Cost Energy Retrofits
Braintree, MA – Peabody Properties, a full-service real estate and property management firm, has attained a total of $15 million in no-cost energy retrofits throughout its portfolio of managed communities as a result of recent retrofitting projects. With the addition of new technology to existing systems, savings has been realized in lighting, refrigeration, boiler, water […]
Affordable Apartments to be Renovated
Boston – MassHousing has closed on $38.7 million in affordable housing financing to the nonprofit Inquilinos Boricuas En Accion, Inc., for the rehabilitation and preservation of the West Newton Apartments, a public housing community in Boston’s South End, The project is part of the Boston Housing Authority’s (BHA) ongoing effort to modernize public housing across Boston. Of […]
Mattapan Affordable Housing Development Financed
Boston – MassHousing is providing $25 million in affordable housing financing to Lena New Boston to support the latest phase of rental housing development at Olmsted Green in Mattapan. With the MassHousing financing, Lena New Boston, a partnership between Lena Park Community Development Corporation and the New Boston Fund, will advance the latest phase of Olmsted Green, […]
Bond Issued for Chicopee Affordable Housing Facility
Chicopee, MA – MassDevelopment has issued a $15 million tax-exempt bond on behalf of MacArthur Terrace, LLC, an affiliate of real estate company Dimeo Properties, Inc. Dimeo Properties will use bond proceeds to renovate MacArthur Terrace, a 222-unit fully affordable housing facility in Chicopee. MassDevelopment also assisted the Department of Housing and Community Development with […]
Renovation of Rockingham Village Apartments Complete
Seabrook, NH – North Branch Construction of Concord recently completed the $13 million renovation of Rockingham Village Apartments (formerly known as Cimarron Apartments) located just off Interstate 95 on Batchelder Road in Seabrook. Owned by Chartwell Holdings, Rockingham Village offers quality, affordable housing to New Hampshire’s Seacoast and the North Shore of Massachusetts. Burnell Johnson […]
BPDA Approves Four Residential Projects
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 […]
