The city of Boston intends to put $16.3 million in city funds towards the creation of 290 affordable housing units, Mayor Marty Walsh announced Wednesday, part of a series of development projects containing 515 units.
The mayor’s office stated $4.4 million from funds administered by the city’s Department of Neighborhood Development would be paired with $3.6 million in money from the Neighborhood Housing Trust – which are collected through the linkage fees on larger commercial developments – with $8.3 million in Community Preservation Act spending backed Monday by the city’s Community Preservation Committee. The CPC also backed the mayor’s proposal to spend a further $5 million to buy existing rental units and convert them to income-restricted properties, and $3.8 million to support a Boston Home Center program for first-time buyers.
The Dudley Terrace development in Dudley Square will also receive money to preserve 56 affordable units, and the redevelopment of the Whittier Street Apartments will receive money as part of the Choice Neighborhoods Initiative to build 52 units rental housing, of which 48 will be affordable or workforce housing.
The projects in line to receive CPA money are:
- $1 million for a 12-unit affordable housing development at 90 Antwerp St. in Brighton.
- $950,000 towards the 42-unit Grace Apartments affordable senior housing development.
- $735,200 to the proposed Aileron development to build seven housing units, including four affordable units.
- $1 million to Mattapan’s Morton Station Village development of 40 units of mixed-income housing including nine deed-restricted home ownership units.
- $927,500 to Mission HIll’s Terrace Street Artist Condominiums to build 13 home ownership units with live/work space for qualified artists.
- $1.96 million to the Knights of Columbus to reuse their North End headquarters to create 23 affordable apartments for seniors, including three units of housing for homeless seniors.
- $1.75 million to the Bartlett Station Lot D project in Dudley Square for construction of 52 units of housing, including 42 affordable units restricted to Bostonians over the age of 55.
- $1 million to the Rio Grande Project in Dudley Square, a proposal for a 25-story residential and commercial tower that will include 193 market-rate units and 48 affordable income-restricted units.