Real Estate Today: City announces funds for affordable housing; two JP projects recipients

Two Jamaica Plain development projects—General Heath Square Apartments and Parcel U—will receive some of the $28 million in funding for affordable housing that the City announced on March 22 it will award, according to a press release.

The funding will preserve or produce 837 affordable-housing units throughout the city and comes from $21 million of federal local resources awarded through the City’s Department of Neighborhood Development and $7 million of Linkage funds, awarded through Boston’s Neighborhood Housing Trust.

“We are committed to creating a Boston where everyone who wants to live here, can afford to,” said Mayor Martin Walsh, according to the press release. “I thank our local, state and federal partners for these housing investments that create good jobs and fuel our economy.”

The General Heath Square Apartments will be built on City-owned land formed by the triangle of Heath, New Heath, and Bromley streets, and is expected to created 42 construction jobs.

The Jamaica Plain Neighborhood Development Corporation (JPNDC), a community development corporation, is partnering with Back of the Hill Community Development Corporation (BOTH CDC) for the project.

The plans calls for 47 affordable units—a mix of one-, two-, and three-bedroom apartments—in a four-story, 56,000-square-foot building. The building will also house 2,000 square feet of community and office space.

Parcel U is just south of the Forest Hills T Station and is a 124-unit development project approved by the Boston Redevelopment Authority in 2014.

Urbanica and The Community Builders will create 76 rental units and 48 condo units in 24 townhouses on the former MBTA parcel, bounded by Hyde Park Avenue on the east and Ukraine Way on the north and extending just south of Walk Hill Street. Thirty-eight rentals units and six condo units will be affordably-priced.

The project also will include 1,620 square feet of retail space and just over 1,000 square feet of community space, including three pocket parks. Most of the length of the site will be developed into three- and four-story townhouses, plus a five-story rental apartment building on the corner of Ukraine Way and Hyde Park Avenue.


Leave a Reply

Your email address will not be published. Required fields are marked *