MassDevelopment
Boston: MassD supports Roxbury's Walker Park
BOSTON --- MassDevelopment has issued $9.4 million in bonds for Walker Park, a project from the Urban Edge Housing Corporation, a community development organization in Roxbury. Urban Edge is using bond proceeds to build Walker Park, a 49-unit affordable rental housing facility in the Egleston Square section of Roxbury. MHP has committed $2.1 million in long-term financing for Walker Park. Also, MHP’s community assistance team provided a $25,000 grant and significant staff time to work with Urban Edge, the city and development team on using lean design techniques, which emphasize collaboration, reliable workflows and resource efficiencies to hold down construction costs. The effort supported a 20 percent reduction in construction costs at construction document stage.