Boston Mayor Martin Walsh yesterday announced nearly $39 million to support affordable housing developments in Boston.
The funding will create or preserve 1,194 housing units and is made possible through $27 million in federal and local resources through the Department of Neighborhood Development (DND) and $11.7 million in linkage funds through Boston’s Neighborhood Housing Trust.
The development budgets for all proposals will total over $614 million of public and private investment in Boston, with the city’s investment representing 6 percent of the total capital needed. Many of the proposals are seeking additional support from the state.
Plans for the funds include: leveraging more than $575 million in public and private investment in neighborhoods, creating an estimated 1,200 construction jobs and setting aside 196 units for homeless or extremely low-income families.
Housing projects to receive founding include the following:
- 28 Affordable Units at Waverly Abby in Allston-Brighton for single parents and transitional living opportunities for at-risk youth and families.
- 80 total units – including 26 affordable units – at Ropewalk, Frontier Enterprise Inc. in Charlestown. Plans include redeveloping two historic buildings located in the Charlestown Navy Yard. Four thousand square feet of museum space will also be created.
- 39 units – including 33 affordable units – at Harmon Apartments in Dorchester. All units will be handicapped accessible with specialized technology and services that will allow those with neurological disabilities to continue to live independently.
“It is imperative that we continue to support affordable housing in our neighborhoods, and this funding will help many of our families in need of safe housing stay in their homes,” Walsh said in a statement. “By investing in housing, we are supporting economic development and creating jobs that will revitalize Boston’s neighborhoods for future generations.”



