Quincy Affordable Housing Community Purchased
The Asian Community Development Corp. (ACDC) of Greater Boston has purchased Martensen Village, a 12-unit affordable housing community in Quincy.
The Asian Community Development Corp. (ACDC) of Greater Boston has purchased Martensen Village, a 12-unit affordable housing community in Quincy.
Homeowners Rehab Inc. has received funding for a 98-unit apartment community in Cambridge to be called Concord Highlands. It will be the largest affordable housing community in Cambridge in 40 years, with all units being deed-restricted and affordable.
It’s no secret that the suburbs lag behind Boston in the creation of affordable housing. Year after year, economists have noted that the suburbs could learn much from Boston and its best practices for reducing the time it takes to secure housing permits and construct units.
Massachusetts has much to be proud of when it comes to providing affordable housing solutions for populations in need.