Affordable Housing - Boston
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MA Senior Housing Asset Extends Affordability With $45M Refi
Non-profit B’nai B’rith Housing intends to execute a capital improvement program on 200 units at Covenant House in Brighton and ensure rental affordability for the next three decades.
27 February 2019 13:33 -
Affordable Boston Community Receives $39M Loan
The 146-unit West Newton Apartments in South End is set to undergo extensive renovations. MassHousing provided the financing to non-profit Inquilinos Boricuas En Accion.
27 February 2019 07:31 -
MA Modular Development Moves Forward
More than 100 “boxes” that will create residential units in Newton, Mass., are being installed as the mixed-use project prepares for a summer opening.
19 February 2019 13:51 -
Boston’s Affordable Housing Market: An Insider’s View
Community Preservation Partners' John Fraser weighs in on trends in Boston and the East Coast, as well as creative strategies for financing affordable development.
15 February 2019 11:40 -
MassHousing Provides $14M Renovation Loan for Boston Community
Boston Housing Authority selected Beacon Communities to oversee the rehabilitation and preservation of Camden Apartments, a 72-unit affordable property.
06 February 2019 15:19 -
Former MA Dormitory Turns Into Affordable Community
Kennedy Hall at Cardinal Cushing Center found new life as the 37-unit Bethany Apartments. NEI General Contracting, The Architectural Team and Horsley Witten Group were part of the project.
01 February 2019 12:54 -
LIHC Preserves Affordability for Boston Community
More than 170 units at Concord Houses in the South End neighborhood will stay affordable for at least the next 40 years.
22 January 2019 09:15 -
Aura Properties Breaks Ground on MA Mixed-Use Project
The company is developing the five-story, 42,000-square-foot building in Brookline, with a completion date scheduled for next August.
14 December 2018 16:10 -
MassHousing Provides $24M Loan for Boston-Area Asset
The agency closed on the tax-exempt financing for a recently built 108-unit mixed-income community in Chelmsford. The transaction involved the use of recycled private activity volume cap.
07 December 2018 10:40 -
Boston-Area Community Preserves Affordability for Next 40 Years
Asian Community Development Corp. purchased the Martensen Village in Quincy, mass. The new owner acquired the property under a state law that prevents it from being sold and converted into a market-rate community.
23 October 2018 14:30 -
Homeowners Rehab Secures $40M for MA Asset
The 98-unit HRI Concord Highlands will be the largest new construction affordable development to rise in Cambridge, Mass., in 40 years.
04 October 2018 15:42 -
Community Builders Secures $10M for Affordable Boston Development
TD Bank arranged the financing for The Clarion, and its Community Capital Group has also invested $9.2 million of equity in the project. Construction is scheduled for completion by 2019.
07 September 2018 15:51 -
CBRE Secures $27M for Former MA Chocolate Factory
The historic building close to downtown Mansfield is being redeveloped into a mixed-income, mixed-use property that will contain 130 units.
20 July 2018 14:27 -
WinnCos. Breaks Ground on Boston Veterans Housing
The Residences at Brighton Marine is the first of its kind to offer mixed-income housing in Boston since World War II. It will include 102 units and on-site services and is scheduled for completion by December 2019.
05 July 2018 17:01 -
Sidestepping the Pitfalls of Brownfield Development
Dan Drazen, project manager at Trinity Financial, details the upsides and challenges in brownfield multifamily projects and discusses the firm’s next major adaptive reuse project.
25 May 2018 11:13