Housing Headlines

STATE --- CHAPA and state officials recently unveiled a statewide clearinghouse program aimed at taking back foreclosed properties throughout the state. The Foreclosed Properties Initiative will address the obstacle of getting foreclosed properties revitalized, re-occupied and back on the tax rolls of municipalities. CHAPA will serve as a foreclosed properties clearinghouse, connecting banks that own foreclosed properties with local organizations, who will then purchase the properties and upgrade the homes for low and moderate income families. For more information about this initiative, click the title of this summary.

CARLISLE --- Neighborhood of Affordable Housing (NOAH) recently presented a plan to build 26 affordable rental apartments for seniors on town-owned land. The units would be located in a two or three story high structure and would consist of 17 one-bedroom units and nine two-bedroom units, all of which would be handicapped accessible. NOAH is currently negotiating a long-term ground lease with the town in order to build on the land.

HINGHAM --- The BackRiver Townhomes development is currently accepting lottery applications for five homes priced as affordable at the complex. In order to apply, applicants must have a household income at or below 80 percent of the area median income which is $66,150 for a household of four.

DANVERS --- A complex at the former Rio Grande site on Route 114 will soon be awarded a comprehensive permit from the town's ZBA. First proposed in 2004, the development will consist of 71 condominiums, with 17 designated as affordable.

BOSTON --- The Boston Housing Authority recently announced plans to use $10 million in American Recovery and Reinvestment Act funds to complete the first redevelopment phase of the Washington-Beech housing development. The funding will allow construction to begin on 100 affordable rental units starting April 1. In total, the finished project will add 342 new affordable apartments at Washington-Beech.

CONCORD --- The Concord Housing Development Corporation recently announced preliminary plans to buy 10 acres from the Department of Correction on which to build 20 affordable condominiums. The project is still in the early stages but developers hope to involve neighbors in the process and get their feedback from the start.