246-248 Norwell Street in Boston (Dorchester) will have 6 new workforce units for moderate-income residents. It is also being built to Passive House standards
MassHousing has provided $600,000 in workforce housing financing to an affiliate of community-based developer TLee Development LLC, to build six new two-bedroom apartments for working households on a vacant parcel in the Codman Square neighborhood of Dorchester.
All six units will be for households earning at or below 70% of the Area Median Income, which for a household of four in Boston is $72,400.
246-248 Norwell Street advances the Baker-Polito Administration’s goal of creating up to 1,000 new workforce housing units affordable to middle-income households through MassHousing’s $100 million Workforce Housing Initiative. Since the inception of the initiative last year, MassHousing has committed or closed workforce housing financing totaling $49.1 million, to 23 projects, located in 13 cities and towns. To date, the Workforce Housing Initiative has advanced the development of 2,111 housing units across a range of incomes, including 538 workforce housing units.