Housing Headlines

NATICK --- The developer of proposed Chrysler Apartments recently announced that a ground breaking for the two high-rise buildings is tentatively set for November. The 407-unit complex will have 25 percent of the units designated as affordable with rents ranging from $1,000 for a one-bedroom apartment to $1,250 for a two-bedroom apartment.

ASHLAND --- The ZBA recently approved a 28-unit housing complex off Foundation Street named Overlook Commons. Seven out of the 28 units will be designated as affordable for families who meet specific income criteria.

TOWNSEND --- A developer who previously received a comprehensive permit to build 45 free-standing condominiums is going back to the ZBA with a plan to build rental units. Developer Gary Lorden plans to build two buildings each with 24 two-bedroom units. The affordable units would be available to residents earning at or below 80 percent of the area median income ($64,000 for a family of four).

HAVERHILL --- State and local officials recently celebrated the opening of a four-building 40R rental complex on the former site of a shoe factory. The Hamel Mill Lofts will contain 305 one- and two-bedroom rental units with 20 percent of the units designated as affordable. Affordable rents will range from $740 to $1,800 per month.

ROCKLAND --- Towns officials are working on plans to create a new senior center and a 40-50 unit affordable housing complex on 12 acres between Albion Court and Norman Street. The town received the land as a gift and is currently looking for state and federal grants to cover the project's construction and operating costs.

BOSTON --- Equity Residential developers recently announced a proposed plan to raze the Garden Garage on Lomsaney Way and replace the structure with a new mixed-use development. The new complex would consist of two towers with up to 500 rental units and ground-floor retail and underground parking. Equity is expected to initiate the formal city development review process this fall.