Lofts at Loomworks in Worcester voted Best Historic Rehabilitation, Uphams Corner in Boston voted Best Family Development
Two MassHousing-financed affordable housing communities have received Readers’ Choice Awards from Affordable Housing Finance Magazine. The Lofts at Loomworks in Worcester, developed by The Community Builders (TCB), was voted Best Historical Rehabilitation. Uphams Crossing in Dorchester, developed by the Planning Office for Urban Affairs (POUA) was voted Best Family Development. Congratulations, TCB and POUA!
The Lofts at Loomworks was developed in two phases and involved a total of $17 million in MassHousing financing.
Located on a 1.7-acre site at 93 Grand St. in the Main South neighborhood of Worcester near Clark University, the Loomworks was built in 1890 to manufacture textile looms. TCB purchased the five-building property from the Main South Community Development Corporation and demolished three unusable portions of the mill and redeveloped the property in a 94-unit apartment community.