Projects to create more Boston construction jobs
Posted on June 3, 2015
A slew of new projects will create more Boston construction jobs.
Nearly $39 million in funding has been given which will create or preserve 1,194 housing units, is possible through $27 million in federal and local resources through the Department of Neighborhood Development (DND) and $11.7 million in linkage funds through Boston’s Neighborhood Housing Trust.
In addition, the funding will:
•Leverage more than $575 million in public and private investment in neighborhoods;
•Create an estimated 1,200 construction jobs; and
•Set aside 196 units for homeless or extremely low-income families.
The development budgets for all proposals will total over $614 million of public and private investment in Boston, with the City’s investment representing 6 percent of the total capital needed. Many of the proposals are seeking additional support from the state, and Mayor Walsh will work with the Baker Administration and the Department of Housing and Community Development to ensure that Boston has the resources necessary to support much-needed affordable housing. Following is a complete list of the developments that have received funding awards:
Waverly Abby, Bridge Over Troubled Waters, 28 Units, 28 Affordable Units
This development proposes the renovation and expansion of two existing buildings owned and managed by Bridge Over Troubled Waters (BOTW). The development will result in a 28 all-affordable bed facility for single parents and transitional living opportunities for at-risk youth and families.
132 Chestnut Hill Avenue, JCHE, 61 units, 61 Affordable Units
Jewish Community Housing for the Elderly (JCHE) intends to create 61 units of affordable elderly housing on land from the Boston Redevelopment Authority. The development will include seven units of housing for formerly homeless seniors and a five unit studio grouping for aging adults with lifelong disabilities. This development will be adjacent to JCHE’s existing campus of housing.
Residences at Brighton Marine, Brighton Marine Housing LP, Brighton, 108 Units, 86 Affordable Units
Brighton Marine Health Center and Winn Development will construct a new building and renovate one of the historic buildings on the site currently owned by Brighton Marine. This will create 108 units of mixed income housing with a veterans’ preference. Eighty-six of the units will be affordable.
Ropewalk, Frontier Enterprise, Inc., 80 Units 26 Affordable Units
Frontier Enterprises has been designated by the Boston Redevelopment Authority to redevelop two historic buildings located in the Charlestown Navy Yard. Construction will consist of the gut rehabilitation of an industrial building into 80 units of mixed-income rental housing and the creation of 4,000 square feet of museum space. Twenty-six units will be restricted as affordable. The museum space will display equipment and other items used in the historic rope manufacturing process.
Harmon Apartments, The Boston Home, 39 Units, 33 Affordable Units
The Boston Home will create the Harmon Apartments development on their campus in Dorchester. The developer will construct a 39-unit, mixed-income rental housing development for individuals and families with progressive neurological disabilities. Thirty-three units will be restricted as affordable; all units will be handicapped accessible with specialized technology and services that will allow those with neurological disabilities to continue to live independently.
Ashmont TOD II, Trinity Financial, 87 Units, 53 Affordable Units
Trinity Financial is proposing to create a mixed-use residential development located on Ashmont Street in Dorchester across from their successful mixed use residential building, The Carruth. The project will create a total of 87 units consisting of 48 affordable rental units and 39 ownership units.
Wayne at Bicknell, Cruz Development, 72 Units, 72 Affordable
Cruz Development is proposing the refinance and renovation of a 72-unit expiring-use project that is currently operated as affordable housing serving a very low income population.