Baker Administration Awards $67 Million for Affordable Housing

On February 28, The Baker-Polito Administration announced affordable housing awards to support the creation of 643 new rental housing units, including 397 units of affordable housing, at nine different projects.

The awards represent an investment by the state through more than $45 million in direct subsidy, and the allocation of more than $22 million in state and federal low-income housing tax credits. The announcement took place at the former Worcester Courthouse, a development that will benefit from state funding announced today, and will be revitalized and transformed into 117 new, mixed-income housing units.

For the Governor's press release on the award announcement, click here.

Affordable Housing Awards:

Downing Square, Arlington

This 48-unit new construction project is located on two sites in Arlington. The sponsor is the non-profit Housing Corporation of Arlington. DHCD is providing federal and state low income housing tax credits and subsidy funds in support of the project and the Town of Arlington is also supporting the project with significant local funding. When completed, Downing Square will offer 48 affordable family rental units.

Cote Village, Boston

A two-phase, 76-unit new construction project located on the former Cote Ford site in Boston is sponsored by the non-profit Caribbean Integration Community Development Corporation and the Planning Office of the Archdiocese of Boston. DHCD is supporting both phases of the transit-oriented project with a blend of federal and state low income housing tax credits and subsidy funds and the City of Boston also is providing funds in support of Cote Village. When completed, the project will offer 57 affordable rental units for families as well as 19 workforce or market rate units.

Indigo Block, Boston

Indigo Block is an 80-unit new construction project located in Boston. The non-profit sponsor is Escazu Development. DHCD is supporting the project with federal and state low income housing tax credits and subsidy funds, and the City of Boston also is providing substantial support for Indigo Block. When completed, the project will offer 44 affordable family rental units as well as 36 workforce or market rate rental units on a transit-oriented site.

Michael Haynes Arms, Boston

This 55-unit new construction project located in Boston is sponsored by Cruz Development Corporation. DHCD is supporting the project with federal and state low income housing tax credits as well as subsidy funds.  The City of Boston also is supporting Michael Haynes Arms with local funding. When completed, the project will offer 39 affordable rental units as well as 16 workforce or market rate rental units.

Library Commons, Holyoke

The project is a 38-unit scattered site project located in Holyoke, sponsored by the non-profit Way Finders, Inc. DHCD is supporting the project with federal and state low income housing tax credits and subsidy funds, and the City of Holyoke also is providing support to Library Commons. When completed, the project will offer 38 affordable rental units for families.

Parcels 8 and 9, Lowell

This project is a mixed-income historic rehabilitation project located in Lowell, sponsored by WinnDevelopment.  DHCD is supporting the project with federal and state low income housing tax credits and subsidy funds. The City of Lowell also is providing support to Parcels 8 and 9 through local funding.  When completed, the project will offer 32 affordable rental units as well as 86 workforce or market rate rental units.

571 Revere, Revere

The development is a 51-unit mixed-income new construction project located in Revere.  The sponsor is the non-profit The Neighborhood Developers. DHCD is supporting the project with federal and state low income housing tax credits as well as subsidy funds.  The City of Revere also is supporting the project with local funding.  When completed, the project will offer 32 affordable rental units and 19 workforce rental units.

Mason Square, Springfield

Mason Square is a 60-unit project located in Springfield. The sponsor is First Resource Development. DHCD is supporting the project with federal and state low income housing tax credits and subsidy funds.  The City of Springfield also is supporting the project with local funding. When completed, Mason Square will offer 60 affordable rental units for families, including several units in the historic re-use of a former fire station.

Worcester Courthouse Apartments, Worcester

The 117-unit historic rehabilitation project located in Worcester is sponsored by is Trinity Financial, Inc. DHCD is supporting the project with federal and state low income housing tax credits and subsidy funds. The City of Worcester also is supporting the project with local funding, re-zoned the site, and has helped expedite the permitting process. When completed, Worcester Courthouse Apartments will offer 50 affordable rental units for families as well as 67units at workforce or market rate rents.