BPDA Board Balks at Mission Hill Apartment Plan
Development approval for 218 apartments on a vacant Mission Hill property hit a delay last night as Boston officials reacted to opposition from neighborhood residents.
Hot Property: ThirtyOne Elm
A historic former office building, hotel and theater originally constructed in 1892, downtown Springfield’s 13-31 Elm St. fell into disrepair and vacancy for the past three decades.
Towns, Cities Need Partners When Repurposing School Buildings into Senior Housing
Consistent public school enrollment declines mean that surplus school buildings could be a real source of new homes, but towns and cities often lack the expertise to do it themselves.
Hot Property: Stone Mill Lofts
The oldest mill in the city of Lawrence was converted into multifamily housing including decarbonized building systems in a $39.2 million adaptive reuse project by WinnCompanies of Boston.
Muted Reaction to Wu’s $100M Housing Fund, Return of Top Planner
Developers and real estate executives weren’t tapping furiously at their keyboards and burning up my phone line in praise of the mayor’s announcement of a $100 million “Housing Acceleration Fund.”
A Move to Expand Her Impact
After five years as CEO of major Boston nonprofit housing developer Madison Park Development Corp., Leslie Reid joined the Massachusetts Housing Investment Corp. this summer to oversee its expansion and new product development.
Chinatown Tower Framed as Beacon of Housing Hope
A new 19-story residential tower is coming to downtown Boston, with a focus on supporting formerly homeless individuals and offering affordable rental options for working-class Bay Staters strained by the state’s housing crisis.
Progressive Leader Misses the Mark with Housing Plan
Congresswoman Alexandria Ocasio-Cortez rose to national prominence with her Green New Deal. Now, she’s turning her attention to the nation’s housing crisis with similar fanciful thinking.
Mass. Seniors Struggle to Age in Homes They Can Afford
Massachusetts ranks 50 out of the 50 states as the worst state for elder economic security – and that is largely due to high housing costs. 2Life Communities CEO Amy Schectman wants to change that.
Moddie Turay Is Taking Aim at Barriers for Underrepresented Developers
Housing production can get stuck at almost any stage, be it community input, zoning approval, hiring, material acquisition or construction. Affordable housing financiers are taking aim at a key barrier: accessing capital in the first place.
Hot Property: 52 New St.
The first housing permitted under the city of Cambridge’s affordable housing density bonus program celebrated its groundbreaking last week next to North Cambridge’s Danehy Park.
CDC Finds Infill Development Opportunity in Fenway
A nonprofit developer that has agreed to purchase a former Fenway laundromat submitted plans for a 24-unit affordable housing project.
Eastern Bank, MassDevelopment Fund Chelsea Housing
A Chelsea affordable housing development is securing site control thanks to Eastern Bank and MassDevelopment.
Fenway Team Competes in a Crowded Field
On the front lines in the housing affordability battle, Suneeth John leads the Fenway CDC’s real estate team in identifying promising sites and finding financing sources to acquire and develop them.
Housing Debate Clouded by Vague Language
Perhaps if we got more granular about what we mean when we say “affordable,” we would have more success creating affordable homes and talking with each other rather than – at best – past each other.
Hot Property: Michael E. Haynes Arms
The newly-completed Michael E. Haynes Arms development in Roxbury includes 55 housing units and a new headquarters for Cruz Construction.
Two Developer Teams Bid for Roxbury Parcels
Two teams of active local developers have responded to the city of Boston’s offer of 4.4 acres in Roxbury for housing development.
Perseverance Pays Off in Fitchburg for Nonprofit Developer
The new Fitchburg Arts Community demonstrates a potential playbook for successful financing of housing through public subsidies in Massachusetts’ Gateway Cities.
Boylston Properties Pursues $181M Project in Newtonville
Boylston Properties will seek approval for a 307-unit apartment complex on a cluster of commercial properties in Newtonville under the Chapter 40B affordable housing law.
BPDA Announces Goals for Roxbury Development
The second major opportunity under Boston’s surplus properties sell-off seeks developers for a mixed-use project on 4.4 acres off Harrison Avenue in Roxbury. The city wants responses by Feb. 28.
