More than $8.4 million in affordable housing resources and tax credit funding from the Commonwealth of Massachusetts’ Office of Housing and Economic Development will jumpstart three Boston affordable housing developments: Jackson Commons in Jamaica Plain, Roxbury Crossing Senior Housing in Roxbury, and Phase One of the redevelopment of St. Kevin’s in Dorchester.
Together, these three developments will produce 110 units of affordable rental housing. Approximately 20 of these units will be reserved for very low-income families and households transitioning from homelessness.
These state resources, including more than $1.5 million in Low Income Housing Tax Credit Assistance Program funding, will leverage almost $47 million in private development funds.
The three developments will support an estimated 284 new construction jobs in Boston. Additionally, the Jackson Commons development includes 12,000 square feet of commercial and community space, to be called the Neighborhood Learning Center. The space will include offices, community based classrooms, and 2,000 square feet of ground floor retail.
