Developers Get $67M for Housing Projects in Boston
Developers will receive $67 million to build and preserve 802 units of income-restricted housing in Boston, including the conversion of a vacant Jamaica Plain church into affordable apartments.
Developers will receive $67 million to build and preserve 802 units of income-restricted housing in Boston, including the conversion of a vacant Jamaica Plain church into affordable apartments.
Nearly $12 million in financing from the Boston-based Community Economic Development Assistance Corp. will support a group of affordable housing projects across Massachusetts.
Boston Planning and Development Agency officials selected a team led by developer Urbanica to redevelop the publicly-owned parcel 8 in Nubian Square and approved plans for 688 income-restricted housing units, including the first phase of the Mildred Hailey Apartments redevelopment in Jamaica Plain.