Bridgeview Center in Charlestown, Oxford Ping On in Chinatown, and Shoe Shop Place in Middleborough all recently cut ribbons and welcomed new residents
Congratulations to three development teams on their completion of new affordable housing communities in Charlestown, Chinatown and Middleborough.
Toward Independent Living and Learning, Inc. (TILL) recently celebrated the opening of the Bridgeview Center, a 61-unit housing community for low-income residents in Charlestown.
MassHousing provided $1 million from the Affordable Housing Trust Fund (AHTF) for the project. Other funding sources included the use of federal Low-Income Housing Tax Credits (LIHTCs), the state Department of Housing and Community Development (DHCD), City of Boston, Community Economic Development Assistance Corporation (CEDAC), Massachusetts Housing Partnership (MHP), and Citizens Bank.
The Bridgeview Center is a new construction rental community for low-income households who make at or below 60% of the area median income (AMI). It is comprised of one, two and three-bedroom units The building also contains a five-bedroom community residence for adults with developmental disabilities which will be operated by TILL.
About 20% of the units will be for extremely low-income residents, formerly homeless individuals or families, clients of the Department of Mental Health and for other individuals with disabilities. The building meets all state and city sustainable building criteria and has achieved a LEED level of Silver.
The Chinese Economic Development Council (CEDC) recently cut the ribbon for Oxford Ping On, a new construction, 67-unit affordable housing community in Chinatown. MassHousing provided $1 million from the AHTF.
Oxford Ping On involved the new construction of 67 units in a 10-story, steel-frame building. Other funding sources included the use of LIHTCs, HUD, DHCD, City of Boston, MassDevelopment, Eastern Bank, RBC Capital Markets, Capital One National Association, CEDAC, and Enterprise Green Communities.
In Middleborough, Neighborhood of Affordable Housing (NOAH) and The Neighborhood Corporation (TNC) converted the long vacant former Leonard, Shaw and Dean Shoe Factory into a 25-unit housing community for low and moderate-income residents.
MassHousing provided $815,577 from the AHTF. The project involved the adaptive reuse of the wooden building into 25 units of affordable housing including four one bedroom apartments, 18 two-bedroom apartments, and three three-bedroom units. All of the apartments will be rented to households earning at or below 60% AMI.
To read a SouthCoast Today story about the Shoe Shop Place opening please click here.