The Lumberyard Apartments — a 70,000-square-foot affordable housing project planned at 265 Pleasant St. — will move forward with a $5 million investment from the state.
The Baker administration announced Tuesday that its Department of Housing and Community Development will award the project $1.79 million in state and federal low-income housing tax credits and $3.3 million in direct rental housing subsidies.
The Valley Community Development Corporation plans 55 rental units, with 11 reserved for very low-income households, at the site of the former Northampton Lumber.
The Lumberyard Apartments — a 70,000-square-foot affordable housing project planned at 265 Pleasant St. — will move forward with a $5 million investment from the state.
The Baker administration announced Tuesday that its Department of Housing and Community Development will award the project $1.79 million in state and federal low-income housing tax credits and $3.3 million in direct rental housing subsidies.
The Valley Community Development Corporation plans 55 rental units, with 11 reserved for very low-income households, at the site of the former Northampton Lumber.
http://www.masslive.com/news/index.ssf/2017/01/lumberyard_affordable_housing.html
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