The state will utilize $50.3 million in federal recovery funds to revive stalled affordable housing developments due to the lack of equity available in low-income housing tax credit markets, the governor’s office said today.

Ten projects in Amherst, Charlton, Chelmsford, Lunenburg, Plymouth, Wareham, Watertown, West Boylston, Westfield and Worcester will receive American Recovery and Reinvestment Act (ARRA) funds to fill the financing gaps.

"This influx of funds will help keep our economic recovery on track by putting people back to work and by creating new affordable housing opportunities for families across Massachusetts," said Gov. Deval Patrick.

AWARD LIST
Project: Butternut Farm (Amherst)
Project Sponsor: HAP, Inc.
Award Amount: $6,529,566

Project: Cady Brook Apartments (Charlton)
Project Sponsor: HAP, Inc.
Award Amount:  $2,178,208

Project: CHOICE Center at North Village (Chelmsford)
Project Sponsor: Chelmsford Housing Authority
Award Amount: $4,488,949

Project: Tri-Town Landing (Lunenburg)
Project Sponsor: Great Bridge Properties
Award Amount: $6,545,000

Project: Cherry Hill II (Plymouth)
Project Sponsor: Plymouth Bay Housing Corp.
Award Amount: $6,256,500     

Project: Village at 815 Main St. (Wareham)
Project Sponsor:  Cornerstone Properties Group of Wareham
Award Amount: $8,531,022

Project: 1060 Belmont St. (Watertown)
Project Sponsor: Watertown Community Housing
Award Amount: $2,832,491

Project: Freedom Village (West Boylston)
Project Sponsor: FWC Affordable Housing LLC
Award Amount: $4,618,161

Project: Elm Street Revitalization (Westfield)
Project Sponsor: Westfield Community Development Corp.
Award Amount:  $4,569,875

Project: Southgate Place (Worcester)
Project Sponsor: South Worcester Neighborhood Improvement Corp.
Award Amount: $3,795,889