DANVERS – Governor Maura Healey and Housing and Livable Communities (EOHLC) Secretary Ed Augustus announced $227 million in state and federal tax credits and subsidies on Thursday. The state says the awards will support the creation or preservation of 1,874 rental units across Massachusetts.
The projects supported include 1,731 affordable renting units for residents making less than 60 percent of area median income (AMI), with 480 for those making below 30 percent AMI.
The awards, the largest by EOHLC since its establishment in 2023, include $27.1 million in 4% federal tax credits, $12.1 million in 9% federal tax credits, $44.5 million in state tax credits and $143.4 million in state subsidy funds.
“These awards are one of the most effective tools our administration has to increase the development of housing that is affordable for people across the state,” said Governor Maura Healey. “Along with our Affordable Homes Act, we’re working to lower the cost of housing across Massachusetts to benefit our families, businesses and economy.”
The state did not release the awards for each individual property.
The funding announcement supports three Worcester properties:
- Colony on Grove – 45 all affordable for seniors, with 13 deeply affordable below 30% of AMI
- Curtis Apartments – 150 new units in seven new buildings; 150 units affordable, including 79 deeply affordable below 30% AMI
- LaGrange Lofts – 63 units, with 40 affordable to families, with nine deeply affordable below 30% AMI
Other properties included are:
- 10 Sunnyside Avenue, Arlington – 43 all affordable, including 11 deeply affordable below 30% AMI
- 95 Everett, Boston (Allston) – 88; with 73 affordable units; including 18 deeply affordable units below 30% AMI
- 247 Hancock, Boston (Dorchester) – 47, with 35 affordable, including ten deeply affordable below 30% AMI
- 4200 Washington Street, Boston (Roslindale) – 31, with 27 affordable, including seven deeply affordable below 30% AMI
- Paco East Boston Refinance, Boston (East Boston) – 111, with 76 affordable, including 22 deeply affordable below 30% AMI
- Parcel 25/3, Boston (Mission Hill) – 94 all affordable, including 19 deeply affordable below 30% AMI
- Residences at 1471 Blue Hill, Boston (Mattapan) – 41 all affordable, including 12 deeply affordable below 30% AMI
- Spring Rock Village, Brewster – 45, with 35 units, including eight deeply affordable below 30% AMI
- 142 Main, Brockton – 30, with 20 affordable to families, including five deeply affordable below 30% AMI
- 4 Mellen, Cambridge – 29 all affordable; including 12 deeply affordable below 30% AMI
- Pine Tree Village, Carver – Total units to be preserved: 185 all affordable, including 93 deeply affordable below 30% AMI
- Waterhouse 4%/9%, Danvers – 116, with 93 affordable, including 17 deeply affordable below 30% AMI
- Treehouse at Easthampton, Easthampton – 60, with 55 affordable to households, including eight deeply affordable below 30% AMI
- The Putnam, Greenfield – 61 all affordable to families, with 13 deeply affordable below 30% AMI
- Marriner Mill 4A, Lawrence – 72 all affordable, with 16 deeply affordable below 30% AMI
- La Casa, Lynn – 40 all affordable, including 10 deeply affordable below 30% AMI
- YWCA at Ingalls Court Phase II, Methuen – 48 all affordable, including 16 deeply affordable below 30% AMI
- Casillis Farm, New Marlborough – 11 affordable to families, including three deeply affordable below 30% AMI
- Henry T. Wing School Residences II, Sandwich – Total units in Phase II: 41, with 35 units affordable to seniors, including 11 deeply affordable to seniors below 30% AMI
- 299 Broadway, Somerville – 115 all affordable to families, including 16 deeply affordable below 30% AMI
- Bow Linden, Somerville – 60 all affordable units for households, including 18 deeply affordable below 30% AMI
- Clarendon Hill Phase II, Somerville – Total units in phase II: 92 all affordable, including at least 12 deeply affordable below 30% AMI
- Northern Heights, Springfield – Total units to be preserved/rehabilitated: 148 all affordable, including 19 deeply affordable below 30% AMI
- Village at 801 Main, Wareham – eight all affordable, including three deeply affordable at 30% AMI
Healey and Augustus made the announcement from the New England Homes for the Deaf in Danvers, and showcased the new Waterhouse project. That project, by WinnDevelopment, will serve the disability community. It will receive federal and state low-income housing tax credits and subsidy funds and create 116 units, with 93 affordable, including 17 deeply affordable below 30% AMI.
As This Week in Worcester previously reported, WinnCompanies, the parent company of WinnDevelopment, and its property management arm WinnResidential, are two of 34 co-defendants in a federal civil case alleging antitrust violations related to rent price-fixing.
Image Courtesy of Worcester Housing Authority
