News Archive

  • Northampton affordable housing apartment complex &...
    MassLive.com / Nov 01, 2017

    A groundbreaking ceremony was held in Northampton Wednesday for The Lumber Yard Apartments, a new affordable housing complex coming to the city. The project is the product of Northampton-based non-profit Valley Com...

  • Multifamily Developer Breaks Ground On ‘Lean’ ...
    Banker & Tradesman / Oct 30, 2017

    Boston-based developer Urban Edge Housing Corp. broke ground Friday on the Walker Park apartments, a 49-unit, $17.5 million affordable rental housing complex in Roxbury’s Egleston Square. Urban Edge is redevelop...

  • Aspiring to Reach New Heights on Franklin Street i...
    The Daily Item / Oct 25, 2017

    The $4.5 million transformation of the former O’Keefe Alternative School on Franklin Street into a state-of-the-art early education center for Aspire Developmental Services is complete. “We have gone from a very s...

  • Upgrades Set To Begin At Fenway Complex
    Banker & Tradesman / Oct 16, 2017

    Longtime renters in the Boston’s Fenway neighborhood have felt the squeeze from rising rents and conversion of apartments into off-campus housing. The acquisition of the Burbank Gardens property by the Fenway Commun...

  • Boston Fund to Help Non-profit Developers Compete ...
    Nixon Peabody Affordable Housing Blog / Oct 16, 2017

    Boston’s Mayor Martin J. Walsh recognizes the increasing need to provide affordable housing options in the city in order to preserve the diversity and character of Boston. The mayor’s office has partnered with the...

  • Massachusetts’ Financing For Child Care Provider...
    Banker & Tradesman / Oct 15, 2017

    Roger Herzog The statistics are troubling. The United States ranks 36th out of 40 developed nations for the percentage of 3- to 5-year-olds enrolled in “pre-primary” or primary school. Enrollment rates var...

  • Boston housing development honored for affordable ...
    Boston Planning & Development Agency / Oct 04, 2017

    Mayor Martin J. Walsh today announced that the Mosaic on the Riverway, a mixed-income 145-unit residential building, has been awarded the Urban Land Institute (ULI) Terwilliger Center for Housing’s 2017 Jack Kemp Excel...

  • Boston to Help Affordable Housing Developers Rethi...
    Next City / Oct 03, 2017

    In a market where buildable land goes quickly to private developers paying cash — or investors who sit on the property and wait for its value to rise — nonprofit builders are at a definite disadvantage. Boston Mayor ...

  • City, nonprofits turn focus on affordable housing
    Boston Agent Magazine / Oct 03, 2017

    It’s no secret to agents, buyers and sellers in Boston that the city’s housing market is hot — sometimes a little too hot. With scarce inventory and increasing prices, many people find themselves sitting on the sid...

  • CEDAC provides predevelopment loans to housing in ...
    Wicked Local Lexington / Oct 03, 2017

    The Community Economic Development Assistance Corporation approved $341,500 in predevelopment financing to Pine Grove Village Inc. and Women’s Institute Realty Inc. for the preservation and production of affordable hou...

  • Mayor Walsh Announces Vacant Site Acquisition Fund...
    Boston Real Estate Times / Oct 02, 2017

    Boston Mayor Martin J. Walsh, along with partners Community Economic Development Assistance Corporation (CEDAC) and the Local Initiatives Support Corporation (LISC), announced the creation of the Vacant Site Acquisition ...

  • Four-unit housing developments breaks ground Thurs...
    Worcester Business Journal / Oct 02, 2017

    Community development group Worcester Common Ground will break ground on a new affordable housing complex in a vacant former four-unit condominium building on Jaques Avenue. The property will be rehabilitated for use ...