Preservation of Affordable Housing Inc. and Nuestra Comunidad Development Corp. filed a letter of intent with the Boston Planning & Development Agency to build on the 2.57-acre River Street site in Mattapan Square, which borders Milton and Hyde Park, and is bound by Blue Hill Avenue and the newly restored Neponset River Greenway. Boston Residents Jobs Policy (BRJP) project. The development would convert part of the MBTA’s Mattapan Station parking lot into a mixed-income apartment building with 135 units and 10,000 square feet of commercial/retail space. Half of the apartments would be restricted as affordable to tenants making 30 percent to 60 percent of the area median income and would be financed through federal low-income tax credits. The MassWorks Infrastructure Program provides a one-stop shop for municipalities and other eligible public entities seeking public infrastructure funding to support housing production, economic development, and job creation. Through the 2018 grant round, the Administration’s investment of over $80 million across 39 projects will leverage nearly $2.9 billion in private investment to drive an anticipated 4,000 units of new housing and more than 9,000 full-time jobs. 37 communities across the Commonwealth will benefit from this round’s investments.
Leave a Reply