Housing Headlines

WEYMOUTH --- South Suburban Affordable Housing developers recently received permission to build a 20-unit affordable rental complex from the town's conservation commission. All of the units in the 40B complex will be affordable to people earning under the state's median income and 70 percent of the units will be reserved for Weymouth residents. Funding sources for the project include over $2 million from the state and $350,000 in federal tax credits.

SCITUATE --- Following eight years of debate, the ZBA recently voted to allow the Stockbridge Woods 40B development to move forward. The plan includes the construction of 48 rental units and 20 single-family homebuyer units. Of the units, 16 rental and two homebuyer will be designated as affordable at 80 percent of the area median income (AMI) which is $66,150 for a family of four.

LAWRENCE --- Developer Jupiter IV LLC recently secured $4 million in bond financing from the state to continue the conversion of a vacant site into affordable housing. The financing will be used to acquire and renovate the vacant American Woolen Mills Townhouses complex and create 35 affordable housing units.

BROCKTON --- CSI Support and Development Services developers recently proposed the construction of an apartment complex for seniors on Centre Street. The non-profit developers will use grants from the federal government to build 40 affordable one-bedroom units. The units will be offered through a lottery with preference given to Brockton residents. If the project is approved for funding, construction is set to begin sometime in 2010.

LEOMINSTER --- Twin Cities Community Development Corporation recently presented a proposal to the Zoning Board of Appeals to turn a former manufacturing building into affordable housing. The proposed 40B project is set to consist of 40 apartments of all of which would be affordable.

MARSHFIELD --- Developer Michael Solimando recently proposed the construction of a 44-unit housing complex on 17 acres he owns off South River Street. The proposed 40B development would consist of attached single-family homes, eleven of which would be reserved as affordable.