MACDC Members Stand Tall in State’s Rental Round Awards
On October 21st, Governor Baker announced the 2020 Affordable Rental Housing Awards- 28 projects in 19 communities, which will result in more than 2,400 housing units, including 2,166 affordable rental units. These projects will collectively receive more than $105 million in direct subsidy funds, as well as federal and state tax credits that will result in $370 million in equity for these projects.
As always, MACDC’s Members will play a prominent role in developing these homes. Sixteen of the 28 projects were sponsored, or co-sponsored, by MACDC Members. When completed, these 16 projects will provide 882 units, including 811 affordable rental units:
- Anchor Point 1, the first phase of a two-phase new construction project in Beverly, will provide 38 affordable units. It is sponsored by Harborlight Community Partners.
- Boston’s Jamaica Plain neighborhood will benefit from the new construction of 3368 Washington Street, a transit-oriented, mixed-income project sponsored by our associate member Pine Street Inn and The Community Builders. The project will provide 202 total units, with 156 of the units restricted for extremely low-income individuals, many of them transitioning from homelessness.
- Boston’s historic North End will host 41 North Margin Street, sponsored by East Boston CDC. This new construction project will provide 23 affordable homes for seniors.
- Nuestra Comunidad is partnering with Preservation of Affordable Housing (POAH) on Bartlett Station D, a new construction project near Nubian Square in Boston’s Roxbury neighborhood. It will provide 50 units for seniors, including 44 affordable units.
- J.J. Carroll is a new construction project for seniors, in Boston’s Brighton neighborhood. The project, sponsored by associate member 2Life Communities, will provide 142 units, all but 1 affordable.
- Codman Square NDC was awarded funding for two projects, both in Boston’s Dorchester neighborhood! Four Corners Plaza will provide 35 newly constructed affordable homes. At Walando Homes, CSNDC will rehabilitate and preserve another 59 units, including 58 affordable units, in two properties on separate streets- Waldeck Street and Orlando Street.
- Brewster Woods will provide 30 new affordable homes. Housing Assistance Corporation will partner with POAH on this new construction project in Brewster.
- The Neighborhood Developers will convert 181 Chestnut in Chelsea from an existing market-rate project to 32 units of mixed-income rental housing. Over time, 22 of the 32 units will be converted to affordable units.
- Cleghorn Preservation Project consists of three separate, occupied buildings in Fitchburg in need of rehabilitation. NewVue Communities will undertake this scattered-site substantial rehab, and provide 29 units, including 26 affordable units.
- NeighborWorks Housing Solutions will newly construct Holbrook Center Senior Housing. The project will provide 72 units in Holbrook for seniors, 70 of them affordable.
- Island Parkside Phase 1, sponsored by Lawrence CommunityWorks, will provide 40 affordable, newly constructed units, in Lawrence.
- The former Brookings School in Springfield will be converted to Elias Brookings School Apartments, 42 affordable homes sponsored by associate member Home City Development.
- Rural Development, Inc., aided by Valley CDC, will newly construct 33 affordable homes in Sunderland at Sunderland Senior Housing.
- Island Housing Trust is sponsoring Perlman House Apartments, an adaptive reuse of a former inn into 7 affordable units in Tisbury, on Martha’s Vineyard.
- Grand Street Commons will provide 48 homes in Worcester, including 46 affordable units. This new construction project, which will include a mix of townhouses and flats, is sponsored by Main South CDC.
In the midst of a global pandemic, so many activities have proven challenging, and affordable housing development is no exception. Kudos to the State’s Department of Housing and Community Development- and to the MACDC Members and other project sponsors- for managing to move essential affordable homes forward in a difficult year!