As Funding Wanes, Developers Face Downsizing Decisions
Facing reluctant investors and lenders, developers are pursuing changes designed to salvage projects teetering on the brink of financial feasibility.
Hot Property: 55 Hudson St.
Asian Community Development Corp.’s 55 Hudson St. project broke ground recently. The building will create 110 affordable homes and bring a permanent branch of the Boston Public Library to Chinatown.
Augustus, Driscoll Tapped to Chart More Housing Reforms
Gov. Maura Healey is still waiting for the legislature to act on her big housing bill, but she paused Monday to swear in two panels of developers, municipal leaders and advocates Monday, charged with charting more housing production reforms.
Healey Veto Would Damage Racial Wealth Gap Efforts, Nonprofits Say
A $1.5 million cut to a state grant program for first-time homebuyer counseling might seem small, but the nonprofit community developers who use the funds say it could gut their work trying to give aspiring homebuyers of color a shot in the ever-more-expensive Massachusetts housing market.
State Grants for 1.6K Homes Announced
A huge batch of state grants for 27 different projects announced Thursday will see 1,597 affordable and mixed-income housing units built or preserved.
53 Affordable Housing Landlords Pledge to Avoid Evictions
Over four dozen owners and operators of affordable housing units announced a joint pledge this morning to work with their tenants in financial trouble due to the COVID-19 recession and avoid evicting them over missed rent payments.
Winthrop Center Project Has Far-Reaching Effects
What does an MIT professor, an African American-owned cleaning company, a Chinatown affordable housing project and a 1.4 million-square-foot tower in Downtown Boston have in common? The answer: everything.
BPDA OKs Chinatown Affordable Housing-Library Tower, and More
The Boston Planning & Development Agency board approved a tower funded in part by affordable housing payments from Millennium Partners’ Winthrop Square tower, which will also contain a new Boston Public Library branch on the ground floor.
