Posted on January 26, 2024
BOSTON, January 22, 2024 --- Less than a week after her State of the Commonwealth address in which she vowed to tackle rising housing costs, Governor Maura Healey announced the commitment of resources to support production and preservation of more than 1,900 housing units in 19 communities across the state. Ninety percent will be income restricted. The award provides $138 million on top of $100 million in state and federal tax credits. All 26 applicants received awards.
The governor was joined by Lt. Governor Kim Driscoll and Secretary of the Executive Office of Housing and Livable Communities Ed Augustus in making the announcement of the Low-Income Housing Tax Credit awards at Blessed Sacrament Church in Jamaica Plain. MHP provided a letter of support for the development, which is co-sponsored by Pennrose and Hyde Square Task Force. Blessed Sacrament will create 55 units of mixed-income housing.
In a statement of support MHP Executive Director Clark Ziegler said, “Today’s funding awards represent another major step forward by the Healey-Driscoll Administration to expand housing opportunities and reduce pressure on rents through the development and preservation of affordable housing. The Massachusetts Housing Partnership is pleased to support that effort by making long-term fixed rate mortgage financing available to many of these developments at below-market interest rates.”
The projects include:
Residences at the Park—Athol
135 Dudley Street—Roxbury, Boston
Mildred Hailey Building 3—Jamaica Plain, Boston
NUBA Apartments—Roxbury, Boston
Thatcher Apartments—Brockton
Clifton Place—Cambridge
Jackson Place—Cambridge
Sacred Heart—Cambridge
4th at Broadway—Chelsea
25 Garvey Street—Everett
Prospect Place—Northampton
Southern Tier—Oak Bluffs
The Exchange—Salem
24 Webster Avenue—Somerville
775 Huntington Avenue—Mission Hill, Boston
Franklin Ridge Seniors Housing—Franklin
Baldwinville School—Templeton
Residences at the Vault—Springfield
Residences at Lawrence Hill—Wellfleet
Blessed Sacrament—Jamaica Plain, Boston
Library Commons Phase II—Holyoke
Schoolhouse Apartments—Rockland
Plaza Apartments—South Hadley
WCG Homes—Worcester
For more information contact MHP Communications Manager Lisa Braxton at Lbraxton@mhp.net or at (857) 301-1526.