News

SOMERVILLE, June 9, 2014 --- The Somerville Community Corp. celebrated the final phase of its eight-year effort to transform a former church site into a new neighborhood with the grand opening of Saint Polycarp III.

BOSTON, Sat, May 31, 2014 --- Mayor Martin J. Walsh joined state and local leaders on Saturday, May 31 to celebrate the grand opening of Bloomfield Gardens and to salute Viet-AID for its continuing efforts to develop affordable housing and raise the quality of life in the Fields Corner neighborhood.

CARLISLE, May 23, 2014 --- State and local leaders gathered today with private and public funders to celebrate the grand opening of Benfield Farms, a 26-unit mixed-income senior housing development.

Financing for mixed-use developments on more flexible terms than is normally available

BOSTON, May 21, 2014 --- In its ongoing effort to promote the revitalization of low-income neighborhoods, the Massachusetts Housing Partnership (MHP) is now offering a New Markets Tax Credit Lending Program, thus providing a new source of capital for the redevelopment of downtown buildings into housing with some commercial or retail space.

PAXTON, May 20, 2014 --- U.S. Rep. James McGovern joined state and local leaders recently for the grand opening of Paxton Hills, a 50-unit affordable rental apartment building for seniors.

WORCESTER --- A different type of revival is happening off Main Street as you head out of downtown Worcester. Since the late 1990s, the Main South CDC has partnered with the city and Clark University to raze or fix problem properties, develop 160 new homes, a new Boys & Girls Club and do cleanup work on a site that will become athletic fields.