Baker Administration Awards $46 Million for Affordable Housing
by iwd Tina | Mar 2, 2021 | Housing News
On March 2, the Baker-Politio Administration announced $46 million in affordable housing awards that will support 12 projects in 8 communities, creating 572 new homes, including 507 affordable homes, with 108 reserved for extremely low-income households.
The Department of Housing and Community Development (DHCD) is providing $46.1 million in direct subsidies, and awarding 73 project-based Massachusetts Rental Voucher Program vouchers and 67 project-based federal Housing Choice vouchers. Additionally, DHCD is allocating $4.8 million in state housing tax credits and $10.9 million in federal housing tax credits, which will create approximately $125 million in equity.
Affordable Rental Housing Awards
The Residences at Kelly’s Corner is a new construction project for seniors to be built in Acton. The sponsor is the non-profit Common Ground Development Corporation. DHCD will support the project with federal low-income housing tax credits and subsidy funds. The town of Acton also will support the project with local funds. When completed, the project will offer 31 units affordable to seniors earning less than 60 percent of AMI, including 10 units reserved for seniors earning less than 30 percent of AMI. As required by DHCD policy, the sponsor also will provide support services to new senior residents of the project.
37 Union Street is a historic adaptive re-use project in Attleboro. The sponsor is the for‑profit E3 Development LLC. DHCD will support this transit-oriented, mixed-income project with federal and state low-income housing tax credits and subsidy funds. The city of Attleboro will support the project with local funds. When completed, 37 Union Street will offer 59 total rental units. 42 units will be restricted for households earning less than 60 percent of AMI, with 8 units further restricted for households earning less than 30 percent of AMI.
1599 Columbus Avenue is a 65-unit new construction project located in Boston. The sponsor is the non-profit Urban Edge. DHCD will support the project with federal and state low-income housing tax credits and subsidy funds. The city of Boston also will support the project with local funds. When completed, all 65 units will be reserved for families earning less than 60 percent of AMI, with 8 units further reserved for families earning less than 30 percent of AMI, including families making the transition from homelessness. Urban Edge intends to build the project to Passive House standards.
2147 Washington is a new construction mixed-income project to be built near Nubian Square in Boston. The sponsor is a partnership between New Atlantic Development and the Dream Collaborative. DHCD will support the project with federal and state low-income housing tax credits and subsidy funds. The city of Boston also will support the project with local funds. When completed, 2147 Washington will offer 62 total rental units. 45 rental units will be reserved for families earning less than 60 percent of AMI, with 16 units further reserved for families earning less than 30 percent of AMI, including families transitioning from homelessness. In addition to rental units, the project will feature 12 condominium for-sale units and a new café for the Haley House. The sponsor intends to build 2147 Washington to Passive House standards.
9 Leyland is a 43-unit new construction project for seniors to be built in Boston. The sponsor is Dorchester Bay Economic Development Corporation. DHCD will support the project with federal and state low-income housing tax credits and subsidy funds. The city of Boston also will support the project with local funds. When completed, all 43 units at 9 Leyland will be reserved for seniors earning less than 60 percent of AMI, with 11 units further restricted for seniors earning less than 30 percent of AMI, including seniors transitioning from homelessness. In accordance with DHCD requirements for senior housing, the sponsor, working with Hebrew Senior Life, will offer support services to the new residents of 9 Leyland. The sponsor intends to build the project to Passive House standards.
Dudley Crossing 1 is a 47-unit new construction and preservation project located in Roxbury. The sponsor is the non-profit Nuestra Comunidad. DHCD will support the project with federal and state low-income housing tax credits and subsidy funds. The city of Boston also will support the project with local funds. When completed, 42 of the 47 total units will be reserved for families earning less than 60 percent of AMI, with 5 units further restricted for families earning less than 30 percent of AMI, including families transitioning from homelessness.
Morton Station Village is a new construction project to be built in Mattapan. The sponsor is the non-profit Caribbean Integration Community Development, working with the Planning Office of the Archdiocese of Boston. DHCD will support the project with federal and state low-income housing tax credits and subsidy funds. The city of Boston also will support the project with local funds. When completed, Morton Station Village will offer 31 total residential units, with 24 units reserved for families earning less than 60 percent of AMI, and 7 units further restricted for families earning less than 30 percent of AMI, including families transitioning from homelessness. In addition to 31 rental units, the project will include 9 condominium for-sale units.
1005 Broadway is a 38-unit new construction project located in Chelsea. The sponsor is Traggorth Companies. DHCD will support the project with federal and state low-income housing tax credits and subsidy funds. The city of Chelsea also will support the project with funds of its own. When completed, all 38 units at 1005 Broadway will be reserved for families earning less than 60 percent of AMI, with 8 units further reserved for families earning less than 30 percent of AMI, including families making the transition from homelessness. The sponsor intends to build the project to Passive House standards.
910 Main Street is a 49-unit new construction project in Great Barrington. The sponsor is the non-profit Community Development Corporation of South Berkshire, working with the non-profit Way Finders of Springfield. DHCD will support the project with federal and state low-income housing tax credits and subsidy funds. The town of Great Barrington also will support the project with local funds. When completed, 910 Main Street will offer 49 units reserved for families earning less than 60 percent of AMI, with 15 units further reserved for families earning less than 30 percent of AMI, including families making the transition from homelessness.
The Lighthouses is a 44-unit new construction project on two sites in Salem. The sponsor is the non-profit North Shore Community Development Coalition. DHCD will support the project with federal and state low-income housing tax credits and subsidy funds. The city of Salem also will support the project with local funds. When completed, all 46 units will be reserved for families earning less than 60 percent of AMI, with 8 units further reserved for families earning less than 30 percent of AMI, including families making the transition from homelessness. The sponsor intends to build The Lighthouses to Passive House standards.
The Union Block is a historic rehabilitation/adaptive re-use project located in Taunton’s central business district. The sponsor is the non-profit Neighborhood of Affordable Housing (NOAH). DHCD will support the project with federal and state low-income housing tax credits and subsidy funds. The city of Taunton also will support the project with local funds. When completed, The Union Block will offer 38 total units. 26 units will be reserved for households earning less than 60 percent of AMI, with 4 units further restricted for households earning less than 30 percent of AMI, including households transitioning from homelessness.
Woodland Cove Phase 1 is a new construction mixed-income project in Wareham. The sponsor is Dakota Partners, Inc. DHCD will support the project with federal and state low-income housing tax credits and subsidy funds. The town of Wareham also will support the project with local funds. When completed, Woodland Cove Phase 1 will offer 63 total units. 56 units will be reserved for families earning less than 60 percent of AMI, with 8 units further reserved for families earning less than 30 percent of AMI, including families making the transition from homelessness. The sponsor intends to build Woodland Cove Phase 1 to Passive House standards.