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Proposed housing developments in Auburn, Fitchburg, Southbridge and Worcester have received a share of $106 million in state funding announced Wednesday to help support the creation of new affordable housing.
Four Central Massachusetts projects have received funds:
All financing is now secured for Grand Street Common, and construction could start in December, said Steve Teasdale, the executive director of the Main South Community Development Corp. Construction would pick up in earnest next spring and be complete by the spring of 2022.
The new project is a continuation of the community development corporation's work to improve quality of life in Main South, Teasdale said, including through providing affordable places to live.
Those four projects are part of a combined 28 projects with a planned total of 2,100 affordable units, and 2,400 units in total. The $106 million in state funding from the Department of Housing and Community Development is being supplemented by another $53 million in state and federal tax credits.
Other funded projects are in Beverly, Boston, Brewster, Bridgewater, Brockton, Chelsea, Concord, Fairhaven, Falmouth, Holbrook, Lawrence, Springfield, Sunderland and Tisbury.
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Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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