MassHousing and the Department of Housing and Community Development (DHCD)
have closed $8.2 million in Affordable Housing Trust Fund (AHTF) loans for affordable housing communities in Boston, Brockton, Danvers, Gloucester, Newburyport, Somerville and Truro.
“Affordable housing is in high demand across Massachusetts,” Aaron Gornstein, Undersecretary for Housing and Community Development, said in a statement. “The Affordable Housing Trust Fund is one tool that we have for creating more affordable and accessible housing for young families and individuals and meeting Governor Patrick’s production goal of 10,000 new multi-family units a year in the commonwealth.”
Construction has started on all the projects. The funding included:
• $1 million for Quincy Commons, a new, affordable 40-unit development for senior citizens on Blue Hill Avenue in Boston. Quincy Commons is being developed by Nuestra Communidad and involves 40 one-bedroom units with supportive services and 5,800 square feet of retail space in a four-story building.
• $1 million for the Dudley Greenville Rental Project, a new, 43-unit affordable rental
development in Dudley Square in Boston. The project by the Madison Park Development Corp. involves construction of two buildings on two adjacent vacant parcels. One building will be five stories, with 31 apartments and 3,000 square feet of retail space on the ground floor. The other building will be four stories with 12 units configured as walk-up townhouses.
• $1 million for Spencer House II, a 37-unit affordable rental development for senior citizens near Egleston Square in Boston. Spencer House II is being developed by Rogerson Communities and involves renovation of the historic Badger Building with new construction of a four-story wing to the building. The development will contain seven studio apartments and 30 one-bedroom apartments.
• $1.4 million for the Station Lofts in Brockton, a 25-unit, mixed-income rental development involving the adaptive re-use of a vacant commercial building on Montello Street in Brockton. The Station Lofts are being developed by Capstone Communities.
• $1 million for Conifer Hill Commons Phase 2, a 42-unit new construction affordable development on Conifer Hill Drive in Danvers. Conifer Commons Phase 2 is being developed by the Kavanaugh Advisory Group and involves construction of 42 apartments in three townhouse-style buildings
• $573,145 for Home Together, a new 4-unit supportive housing development for homeless families in Gloucester. Home Together is being developed by Action Inc.
• $500,000 for the YWCA Market Street Apartments, a 10-unit development for homeless families in Newburyport. The YWCA Market Street Apartments are being developed by the YWCA of Greater Newburyport and involve the reconfiguration of an existing, occupied five-unit building with the addition of five new units. The project will be part of the YWCA’s campus in downtown Newburyport.
• $1 million for St. Polycarp Village Phase 3, a 31-unit, new affordable development on the
former St. Polycarp Church site in Somerville. St. Polycarp Village is being developed by Somerville Community Corp. and is the third and final phase of the overall project that consists of 84 affordable apartments and retail space.
• $800,000 for Sally’s Way, a new, 16-unit affordable rental development in Truro. Sally’s Way is being developed by Community Housing Resources Inc. and involves six townhouse-style homes with four one-bedroom apartments, nine two-bedroom apartments and three three-bedroom apartments.
