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Dallas.BizJournals.com reports: Two affordable-housing projects in Dorchester and West Roxbury will receive a total of $11.3 million in federal funding.
The federal funds will help pay for 110 new, affordable housing units for local residents. The funding is part of a U.S. Department of Housing and Urban Development (HUD) program which supports low-income elderly housing in rental developments.
In Dorchester, the Nuestra Comunidad Development Corp. received $5.3 million for the Quincy Commons development at the corner of Quincy Street and Blue Hill Avenue. The project will create 40 new units of affordable housing for elderly residents with income at 30 percent to 60 percent of the area’s median income, as defined by HUD. The project, which is awaiting approval from the Boston Redevelopment Authority (BRA), will also include 5,000 square feet of commercial space.
In West Roxbury, the 70-unit Cheriton Heights development received $6 million in HUD funds. The project’s developers are the Arab American Benevolence Association and The Community Builders. Forty of the 70 units will be reserved for low-income seniors and people earning at or below 30 percent of the area’s median income as defined by HUD. Twenty-three units will be rented to seniors earning at or below 60 percent of area median income and another seven units will be rented at market rates.
The project is awaiting final design approval from the BRA and Boston’s Department of Neighborhood Development. HERE
