Housing News Roundup
To keep in touch with what's going on at the local level, MHP regularly summarizes and links to housing stories that have appeared in newspapers around the state.
Waltham: Construction begins on 269 units downtown WALTHAM --- Construction recently began on the first phase of apartments at a new complex dubbed "The Merc at Moody & Main". The mixed-use, transit-orientated development will consist of 269 new residences, of which 27 are affordable, 27,959 square feet of retail space, a 300-car garage and 92 surface parking spaces. The first apartments will be ready for occupancy in the summer of 2015 with project completion set for the following year.
Publication: Boston city biz list, Jun 27, 2014
Boston: 101 units for veterans planned for Commonwealth Ave. BOSTON --- Brighton Marine Health Center Inc. and WinnDevelopment recently announced plans to partner in order to create a 101-unit affordable rental complex for veterans and their families. The project would be built along Commonwealth Avenue with 80 percent of the units designated as affordable. Of the affordable units, 70 percent would be reserved for veterans and their families. The partner agencies will soon start the permitting process with the Boston Redevelopment Authority (BRA).
Publication: The Boston Herald, Jun 20, 2014
Pittsfield: July 1 move-in for 14 units downtown PITTSFIELD --- Construction recently wrapped on the conversion of formerly vacant building on Federal Street into 14 apartments and 10,000 square feet of retail space. Rents for the apartments range from $950 to $1,400/month for the one- and two-bedroom units. The project received $400,000 from the state Department of Housing and Community Development's (DHCD) Housing Development Incentive Program (HDIP) tax credit program.
Publication: The Berkshire Eagle, Jun 18, 2014
Hopkinton: 20 condos proposed for three-acre site HOPKINTON --- A Southborough-based developer has proposed a 40B development for 149 Hayden Rowe Street. The proposed project will be located on a nearly three-acre site and will consist of 20 Cape Cod-style condominium units. The Board of Appeals must review the project before it can move forward.
Publication: The MetroWest Daily News, Jun 6, 2014
Banking: In effort to 'simplify', BofA exits state loan program BOSTON --- Bank of America, the largest bank in Massachusetts, has pulled out of one of the state's leading first-time homebuyer programs, a move that will make it harder for low-income and minority borrowers to get home loans, according to housing advocates. A BofA spokesman said the move was made as part of an effort to "simplify" the company.
Publication: Boston Globe, Jun 4, 2014
Stoneham: Hires consultant to fight proposed 264-unit 40B STONEHAM --- The town's legal counsel and an affordable housing specialist retained by the town hinted this week that it may resort to procedural challenges to delay Corcorcan & Company bid to use Ch. 40B to build a 264-unit apartment complex on the 26-acre Weiss Farm property. .
Publication: Stoneham Independent, May 28, 2014
Boston: Mayor pushes for more middle-income housing BOSTON --- With only 22 percent of the city's 6,600 rental units currently under construction in the city, Mayor Martin J. Walshis seeking to dramatically increase production of middle-income housing in Boston.
Publication: Boston Globe, May 27, 2014
Amherst: TM votes to establish affordable housing trust AMHERST - Town Meeting has created the Amherst Affordable Housing Trust Fund that will allow the town more flexibility when creating or preserving affordable housing.
Publication: Springfield Republican, May 24, 2014
Norwood: Downtown 40R fails to garner 2/3rds majority at TM NORWOOD --- A bid to create a 40R zoning district that would would pave the way for a former press building to be turned into 238 apartments and commercial space near the train station has failed. On May 16, Norwood Town Meeting members voted 93-70 in favor of the project, which fell short of the required two-thrids majority for zoning changes.
Publication: Norwood Bulletin, May 22, 2014
Southborough: 'Safe harbor' claim filed too late to block 40B SOUTHBOROUGH --- The town's attempt to delay a 180-unit Ch. 40B condo proposal near Rts. 9 and 495 has been overturned by the state, which has ruled the town's claim that it had permitted enough housing to earn a one-year "safe harbor" from 40B applications was filed one day after condo developer William Depietri filed his application to the town for a 40B permit.
Publication: MetroWest Daily News, May 21, 2014