City announces funding for affordable housing, including two JP projects

February 24, 2017
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The City announced on Feb. 14 about $22 million in funding for ten affordable housing developments across Boston, including two proposed developments in Jamaica Plain, according to a press release.

The two projects are the Jamaica Plain Neighborhood Development Corporation’s 25 Amory St. project, which calls for a four-story building with 44 affordable units, and The Community Builders’ 250 Centre St. project, which is slated to be a six-story, 112-unit building with 30 percent affordability. Both projects are part of the Jackson Square redevelopment. The Jamaica Plain Neighborhood Council’s Zoning Committee recently gave the 25 Amory St. project the green light.

“Preserving Boston’s affordability is key to ensuring everyone who wants to live here can afford to do so, and I’m particularly pleased this funding will both preserve and add to our existing affordable housing stock,” said Mayor Martin Walsh, according to the press release. “This will help us continue to build a pipeline of affordable housing, and put us one step closer towards reaching the ambitious goals laid out in our housing plan. I want to thank the Neighborhood Housing Trust for making these funds available and supporting these worthy developments. Working together with our partners, I am proud we are building a better Boston.”

The $22 million in funding will preserve or create 602 housing units and goes to the City’s goal of building 6,500 new units of affordable housing. The funding comes from $13 million in federal and local resources awarded by the City’s Department of Neighborhood Development and more than $8 million from the Boston Neighborhood Trust Fund.

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