News Archive
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Multifamily Developer Breaks Ground On ‘Lean’ ...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...
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Aspiring to Reach New Heights on Franklin Street i...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...
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Upgrades Set To Begin At Fenway ComplexOct 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...
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Boston Fund to Help Non-profit Developers Compete ...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...
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Massachusetts’ Financing For Child Care Provider...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...
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Boston housing development honored for affordable ...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...
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Boston to Help Affordable Housing Developers Rethi...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 ...
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City, nonprofits turn focus on affordable housingOct 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...
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CEDAC provides predevelopment loans to housing in ...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...
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Mayor Walsh Announces Vacant Site Acquisition Fund...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 ...
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Four-unit housing developments breaks ground Thurs...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 ...
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City unveils $8.5m program to help affordable-hous...Oct 02, 2017/
In the midst of Boston’s ongoing development boom, there are few more valuable commodities than a piece of buildable land. Now City Hall and a couple of local nonprofits are teaming up to help affordable-housing dev...