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GLOUCESTER – Thursday, April 14, 2022 – Today, Housing and Economic Development
Secretary Mike Kennealy and Housing and Community Development
Undersecretary Jennifer Maddox joined state and local officials in
Gloucester to announce affordable housing awards for 15 projects
located in 14 communities across the Commonwealth. The awards will
result in the creation or preservation of 697 units of rental housing with
479 units designated for low-income households and another 150 units
designated for extremely low-income individuals or households often
transitioning from homelessness.
Through the Department of Housing and Community Development, the
Baker-Polito Administration awarded approximately $63 million in subsidy
funding to the 15 projects. DHCD also awarded federal and state
low-income housing tax credits, which are expected to generate over $200
million in equity to support new construction and rehabilitation of
existing housing.
“With this round of affordable housing awards, we continue to expand the
Commonwealth’s portfolio of new housing units to meet the needs of households
of all income levels,” said Governor Charlie Baker. “As
we continue to tackle the state’s housing crisis, these projects will
result in meaningful progress toward our goal of enhancing access to safe,
quality, and affordable housing across Massachusetts.”
“Our Administration has made an unyielding commitment to creating more
affordable housing and with these awards, we can continue driving great
projects forward,” said Lt. Governor Karyn Polito.
“Congratulations to all of today’s awardees and I look forward to continued
success in our collective efforts to enhance access to affordable
housing.”
“These projects are the result of key partners working together to produce
needed new housing in Massachusetts and I’m excited we can provide
important financial support to make these new units reality,” said
Housing and Economic Development Secretary Mike Kennealy.
“Affordable housing development is truly a team sport, and the cooperation
and dedication to make these projects happen are incredible testaments to
the strong affordable housing ecosystem in Massachusetts.”
“Today’s projects include a mix of new construction, historic
rehabilitation, and transformative investments in our public housing stock.
In Fitchburg and Springfield, we will see innovative, adaptive reuses of
historic properties, and new construction will add vibrancy near the new
Polar Park in Worcester,” said Housing and Community Development
Undersecretary Jennifer Maddox. “We are incredibly proud to invest
in projects that will invite new residents to communities, enhance
neighborhoods, and ensure current residents can access stable, affordable
housing. Here in Massachusetts, we have a strong network of affordable
housing developers, funders, and advocates who have helped us bring
thousands of new affordable units to the market over the last five years,
and we look forward to continuing this work.”
In Gloucester, the YMCA of the North Shore will undertake a project to
create 44 new senior units at the downtown location of the former YMCA. All
of the housing units will be affordable for low and very low-income seniors
and provide essential services to residents.
“Access to safe and affordable housing is a major priority for my
administration and the residents of Gloucester,” said Mayor Greg
Verga. “I am grateful for the partnership with the YMCA of the North
Shore and the Department of Housing and Economic Development. The 71 Middle
Street project will create high quality, affordable and accessible housing
for our city’s seniors. This award will have a lasting impact on our
community.”
“Thank you to Secretary Mike Kennealy and Undersecretary Maddox for coming
to Cape Ann for this major announcement,” said Representative
Ann-Margaret Ferrante. “The John J. Meany Senior Housing is an
important project in the downtown fabric of Gloucester. Congratulations to
the Cape Ann YMCA on this special project which affirms the value and worth
of our families, veterans, and seniors.”
“We are incredibly grateful for this affordable housing award. It will
support our transformational senior housing project in downtown
Gloucester. For more than 170 years, the Y has been committed to
meeting the needs of the community and right now seniors in Gloucester need
our help,” said YMCA of the North Shore President & CEO, Chris
Lovasco. “More than half of our seniors are burdened by their
housing cost and more than 400 seniors are currently on waitlists for
existing senior housing. We know we can be part of the solution with our
Middle Street location. This additional senior housing with specific units
allocated for veterans will make a real difference in alleviating some of
the housing issues we are facing in Gloucester. This project would not be
possible without the support of the Office of Housing and Economic
Development, we are thankful for their continued investment in our
mission."
The Baker-Polito Administration has shown a deep commitment to increasing
the production of housing across all income levels.
Since 2015, the Baker-Polito Administration has invested more than $1.4
billion in the affordable housing ecosystem, resulting in the production
and preservation of more than 22,000 housing units, including over 19,000
affordable units across the Commonwealth. In 2018, Governor Baker signed
the largest housing bond bill in Massachusetts history,
committing more than $1.8 billion to the future of affordable housing
production and preservation.
In 2021, Governor Baker signed economic development
legislation titled An Act Enabling Partnerships
for Growth that includes substantial new funding for affordable
and climate-resilient housing, as well as targeted zoning reforms to
advance new housing production.
Affordable Housing Awards
Mildred Hailey Building Phase 1A is one phase of a larger
transit-oriented redevelopment initiative which will transform the massive
campus formerly known as Bromley Heath in Jamaica Plain.
The sponsor is the non-profit The Community Builders, selected for the
redevelopment initiative by the Boston Housing Authority. DHCD will
support Mildred Hailey Building Phase 1A with federal and state low-income
housing tax credits and subsidy funds. The city of Boston and the BHA
also are supporting the project with local resources. Completion
of Phase 1A will result in 100 total units. Seventy-six units will be
affordable to households earning less than 60 percent of the Area Median
Income, with 17 units further restricted for households earning less than
30 percent of AMI, and in some cases, transitioning from
homelessness. DHCD’s support for Mildred Hailey Building
Phase 1A is in addition
to committed funds for Phase 1B of this important
redevelopment initiative and a $4
million MassWorks Award in 2021 to support street
and utility improvements.
Rindge Commons Phase 1 is a new construction transit-oriented
project located in Cambridge. The sponsor is the
non-profit Just-A-Start. When completed, the project will offer
24 total units and retail space. All 24 units will be reserved for
households earning less than 60 percent of AMI, with three units
reserved for extremely low-income households earning less than 30 percent
of AMI. DHCD will provide federal low-income housing tax credits and
subsidy funds in support of Ridge Commons Phase 1. The city of
Cambridge will support the project with local funding. The sponsor
intends to build the project to Passive House standards.
Chester Commons is an occupied 15-unit rehabilitation project
located in Chester’s town center. The sponsor
is the non-profit Hilltown Community Development Corporation. DHCD
will provide subsidy funds to support the historic rehabilitation of
Chester Commons, with an emphasis on accessibility for tenants with
disabilities. All 15 units will be reserved for individuals or small
households earning less than 60 percent of AMI, with four units further
restricted for extremely low-income individuals or small households earning
less than 30 percent of AMI.
Fitchburg Arts Community is a historic adaptive re-use project
located in Fitchburg. The non-profit sponsor
is NewVue Communities. DHCD is supporting the project, located
in proximity to the Fitchburg Art Museum, with federal and state housing
tax credits and subsidy funds. The city of Fitchburg will provide its
own funds in support of Fitchburg Arts Community. When complete, the
project will offer 68 total units. Forty-seven units will be
affordable to households earning less than 60 percent of AMI, with 14 units
further restricted for households earning less than 30 percent of
AMI.
The John J. Meany Affordable Housing development located
in Gloucester is a new construction project specifically
for senior residents. The sponsor is the YMCA of the North Shore.
DHCD is supporting the project with federal and state low-income housing
tax credits and subsidy funds. The city of Gloucester will provide
funds of its own in support of the project. When the John J. Meany
Affordable Housing is complete, the project will offer 44 total units with
support services. All 44 units will be affordable to seniors earning
less than 60 percent of AMI, with eight units further restricted for
seniors earning less than 30 percent of AMI.
Library Commons 2 is a 41-unit scattered site project located
near downtown Holyoke. The sponsor is the non-profit Way
Finders, Inc. DHCD will support the project with federal and
state low-income housing tax credits and subsidy funds. The city of
Holyoke will also provide funds in support of Library Commons 2. When
complete, the project will offer 41 total units, all of which will be
restricted for families earning less than 60 percent of AMI. Eighteen
units will be further restricted for extremely low-income families earning
less than 30 percent of AMI.
Island Parkside Phase 2 is a new construction project located
in Lawrence. The sponsor is the non-profit Lawrence
Community Works, which will develop and own 40 rental units built to
Passive House standards. SquashBusters will secure financing to
develop the ground floor of Island Parkside Phase 2 as squash courts and
ancillary space. DHCD is supporting the 40 rental units with federal
and state low-income housing tax credits and subsidy funds. The city
of Lawrence also will support Island Parkside Phase 2 with funds of its
own. All 40 rental units will be restricted for households earning
less than 60 percent of AMI. Eight units will be further restricted
for extremely low-income households earning less than 30 percent of
AMI. The sponsor intends to build the project to Passive House
standards. Construction is just beginning on nearby Island Parkside
Phase 1, also sponsored by LCW and supported by DHCD. In addition, EOHED
provided a 2020 MassWorks award to
support the development.
950 Falmouth Road is a new construction project located
in Mashpee. The sponsor is the nonprofit Preservation of
Affordable Housing. DHCD will support the project with federal and
state low-income housing tax credits and subsidy funds. The town of
Mashpee will support the project with funds of its own. When
completed, 950 Falmouth Road will offer 39 total units. All 39 units
will be affordable to households earning less than 60 percent of AMI, with
six units further restricted for households earning less than 30 percent of
AMI. The sponsor intends to build the project to Passive House standards.
117 Union Street is a new construction project located in
downtown New Bedford. The sponsor is the New Bedford
Development Corporation. DHCD will support the project with federal
and state low-income housing tax credits and subsidy funds. The city
of New Bedford will support the project with funds of its own. When
construction on 117 Union Street is finished, the project will offer
45 total units. Thirty-two units will be reserved for households
earning less than 60 percent of AMI, with eight units further
restricted for households earning less than 30 percent of
AMI.
Knox II is a historic adaptive re-use project located in Springfield.
The sponsor is Gordon Pulsifer of First Resource Development. DHCD
will support Knox II with federal and state low-income housing tax credits
and subsidy funds. The city of Springfield will support the project
with funds of its own. When construction on the long-vacant building
is completed, Knox II will offer 41 total units. All 41 units will be
affordable to households earning less than 60 percent of AMI, with six
units further restricted for households earning less than 30 percent of
AMI. In addition to supporting Knox II, DHCD awarded funds in 2021 to
Knox I, which is expected to begin construction.
Van Der Heyden is a historic rehabilitation project located
in Springfield. The sponsor is Valley Management,
Inc. DHCD will support the project with federal and state low-income
housing tax credits. The city of Springfield will support the project
with funds of its own. When construction is completed, Van Der Heyden
will offer 45 fully rehabilitated units, all of which will be affordable to
households earning less than 60 percent of AMI. Eighteen units will
be further restricted for households earning less than 30 percent of
AMI.
Littleton Drive Family is a new construction project located
in Wareham. The sponsor is Pennrose. DHCD will
support the project with federal low-income housing tax credits and subsidy
funds. The town of Wareham will provide funds of its own in support
of the project. When completed, Littleton Drive Family will offer
49 total units. Thirty-nine units will be affordable to households
earning less than 60 percent of AMI, with eight units further
restricted for households earning less than 30 percent of AMI.
Littleton Drive Family will be constructed adjacent to Littleton Drive
Senior, which received awards from DHCD in a previous rental funding
competition.
Maple Woods is a new construction project for seniors located
in Wenham. The sponsor is the non-profit Harborlight
Community Partners. DHCD will support the project with federal and
state low-income housing tax credits and subsidy funds. When
completed, Maple Woods -- zoned through Chapter 40B -- will offer 45 total
units with services for seniors. All 45 units will be affordable to
seniors earning less than 60 percent of AMI, with eight units further
restricted for seniors earning less than 30 percent of AMI.
Helena Crocker Residences is a new construction project for
seniors located in Westford. The sponsor is Stratford
Capital Group working in partnership with the non-profit CHOICE of
Chelmsford. DHCD will support the project with federal low-income
housing tax credits and subsidy funds. The town of Westford will support
the project with funds of its own. When completed, Helena Crocker
Residences will offer 18 total units with services for seniors. All
18 units will be affordable to seniors earning less than 60 percent of
AMI. Sixteen units will be further restricted for extremely
low-income seniors earning less than 30 percent of AMI.
153 Green Street is a new construction project located in Worcester.
The sponsor is Boston Capital. The project is located in close
proximity to Worcester’s new Polar Park and will contribute significantly
to the ongoing revitalization of the neighborhood. DHCD will support
153 Green Street with federal and state low-income tax credits and subsidy
funds. The city of Worcester will support 153 Green Street with funds
of its own. When completed, the project will offer 83 total
units. All 83 units will be affordable to households earning less
than 60 percent of AMI, with 14 units further restricted for households
earning less than 30 percent of AMI, and, in some cases, transitioning from
homelessness.
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