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Archive for the 'affordable housing' category


Pine Street Inn wins funds for Upton St rehab

Affordable Housing Funds Hit New England - By Ryan Clark, GlobeSt.com
The Federal Home Loan Bank of Boston is committing 10% of its net profits to provide grants and subsidized, below market-rate, loans through American Housing Project. The allotted money was divided between needy areas in the New England, including Massachusetts, New Hampshire, Vermont and Maine. [...]



Best idea ever: tax the rich (aka, the other guy)

If you read the papers at all, you know that there’s a proposal to levy a new tax on high-end home sales on Nantucket and Martha’s Vineyard. The goal is to raise funds to pay for affordable housing construction.
I can’t say whether or not this is a good thing.*
What I love though, is the [...]



Affordable housing opportunity available in South Boston

According to the Boston Redevelopment Authority, there are several “affordable housing” units available at the new Avenue 152 condo development, in South Boston.
Applications must be picked up in person at the following times:
MCM PROPERTIES:
917 East Broadway South Boston, MA
July 9 & 10: Time: 9am-5pm
July 11: [...]



Affordable housing units available at NorthPoint

There are a bunch of “affordable” housing units available at the recently completed NorthPoint project, near Lechmere Station, on the borders of Cambridge, Somerville, and Boston.
Information on the City of Cambridge’s affordable housing program may be found on the city’s website.
There are a total of 38 affordable units listed for sale, from studios to one [...]



Affordable housing opportunity at Wilkes Passage

When a developer in Boston builds a large condo project (over 10 units, I think), it has to agree to set aside a certain percentage of units as “affordable”. This is somewhere in the 13% range. Whether or not this is a good thing is open to debate (to me, at least), but [...]



NorthPoint rumored to be turned into Section 8 housing

Even in your wildest dreams you couldn’t imagine something like this happening:
From the ArchBoston.com forum:
Re: NorthPoint Cambridge
I recently spoke to someone who works indirectly with this project. He told me that One Earhart has been completed for over 5 months and is still unoccupied. Two Earhart would’ve been completed around the same time but during [...]




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