MassHousing has said it will loan up to $28.6 million to the Framingham Housing Authority for the renovation of The Musterfield at Concord Place, a 110-unit public housing development for low-income residents.

Formerly known as the Pearl Harbor Apartments, the existing 110 apartments in 11 two-story brick buildings will be completely renovated and modernized. The redevelopment will be financed under the Massachusetts Department of Housing and Community Development’s (DHCH) mixed-financing program for state-financed public housing developments.

It is expected that the MassHousing construction loan will be repaid through DHCD modernization funds and the use of 4-percent Low Income Housing Tax Credits.

"This partnership between MassHousing, DHCD and the Framingham Housing Authority will renovate and preserve a very valuable affordable housing resource for low-income residents in Framingham,” said MassHousing Executive Director Thomas R. Gleason.

The scope of work for the 67 two-bedroom apartments and 43 three-bedroom apartments includes expanding the size of the units to modernize and create enlarged kitchen and dining areas, as well as the replacement of electrical, plumbing and heating systems.

The project will also include the remediation of lead paint and asbestos present in the development, roadway improvements and major site landscaping.