CDC Sues State for Blocking Housing in Eastie
An East Boston nonprofit is challenging a recent state ruling that would prevent affordable housing from being built on a long-vacant waterfront parcel.
An East Boston nonprofit is challenging a recent state ruling that would prevent affordable housing from being built on a long-vacant waterfront parcel.
Gentrification and displacement pressures have hit hard in East Boston amid a wave of condo conversions and apartment rent hikes in recent years.
A partnership between Boston-based Trinity Financial and East Boston Community Development Corp. has begun construction of the third and final phase of the Overlook Terrace at Orient Heights project, modernizing the East Boston public housing complex.
A partnership between The Davis Cos. and an East Boston health center proposes a six-building, 426-unit multifamily project, including 60 income-restricted units designed for families to address the neighborhood’s displacement pressures.
Proceeds from the sale of the Winthrop Center garage and inclusionary development payments from developers helped pay for the second phase of the Overlook Terrace at Orient Heights public housing redevelopment in East Boston.
The state Department of Housing and Community Development awarded grants worth $44.7 million and $16 million in state and federal low-income housing tax credits Tuesday to a group of 11 housing developments in Eastern Massachusetts.
The newest multifamily development on the East Boston waterfront is 40 percent leased as it begins welcoming tenants to 200 apartments.
A $8 million construction loan from Citizens Bank’s community development group will pay for rehabilitation of 111 affordable housing units in East Boston.
Trinity Financial’s Boston East mixed-income rental complex has opened its temporary marketing center at 80 Border St. and begun preleasing 200 mixed-income units on the East Boston waterfront.