Dimock Bragdon

MassHousing has arranged financing to improve two Boston-area apartment complexes and maintain their affordability.

The 90-unit Cleaves Court and Dimock Bragdon Apartments in Roxbury will receive $16.9 million in financing.

Cleaves Court was originally built in the late 1890s on Cleaves Street and consists of adjacent, 3-story buildings containing eight one-bedroom apartments, 20 two-bedroom apartments and eight three-bedroom apartments. Urban Edge has owned the property since 1985.

Dimock Bragdon was built in 1900 and consists of seven contiguous buildings on Columbus Avenue containing four one-bedroom apartments, 25 two-bedroom apartments and 25 three-bedroom apartments. Urban Edge has owned this property since 1982.

Cleaves Court

Among the property improvements planned are the installation of groundwater infiltration systems to address flooding at both locations, upgrades to building systems, upgrades to fire systems, masonry repairs, roof and window replacement, the venting of kitchen range hoods and bathroom fans and some kitchen and bathroom renovations.

All of the apartments are covered by federal Section 8 Housing Assistance Payment contracts.

Additionally, the 71-unit Chelsea Square apartments in Chelsea will receive $5.1 million in MassHousing financing.

Chelsea Square Assoc., which owns Chelsea Square, is refinancing the property and will extend the federal Section 8 Housing

Chelsea Square Apartments

Assistance Payment contact on the 71 apartments for 20 years.

Constructed in the early 1900s, Chelsea Square is located on Broadway in Chelsea and is comprised of two 4-story buildings and nine 3-story buildings containing 56 one-bedroom apartments and 15 two-bedroom apartments. The management agent is Trinity Management.

The $5.1 million MassHousing loan was provided through the U.S. Department of Housing and Urban Development’s Multifamily Accelerated Processing/Ginnie Mae Mortgage Backed Securities program.