MassHousing Funds Three Boston Affordable Condo Projects
The City of Boston said Tuesday that three affordable homeownership projects were awarded funds through MassHousing’s CommonWealth Builder program. Terms were not disclosed. The funding will allow construction to begin shortly on 108 affordable condominiums for first-time homebuyers in Nubian Square, Mission Hill and Beacon Hill.
“We are grateful that Boston received funding for three high quality homeownership projects that will allow us to build over 100 homes our families can afford,” said Chief of Housing Sheila A. Dillon. “These developments will create real opportunities for residents to build wealth, stay in their communities, and contribute to the long-term stability of our neighborhoods.”
Among the awarded projects is 27-29 Hancock St. in Beacon Hill, led by Fenway Forward. The project will convert two long-vacant and historic buildings near Mass General Brigham and the State House into 15 affordable homeownership condos.
In Mission Hill, the Mission Hill Pathway project will transform long-vacant city-owned land into 48 affordable homeownership units alongside community gardens and new passive open space. The third awarded project, NUBA Homes in Nubian Square, Roxbury will create 45 income-restricted homeownership units as part of a larger abutting mixed-use development.
Pictured: The site of the future Mission Hill Pathway development.
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout