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Five affordable and low-income housing projects in Framingham, Stow, Webster, Westminster, and Worcester will take part of $50 million in direct funding and $90 million in in state and federal tax credits announced by the Massachusetts Executive Office of Housing and Economic Development on Tuesday.
Carlson Crossing East in Framingham, sponsored by Framingham Housing Development Corp. II, is a preservation and rehabilitation project that will offer 61 units for individuals and families when complete. In addition to state and federal low-income housing tax credits provided by the Department of Housing and Community Development, the City of Framingham will provide funding, and the U.S. Department of Housing and Urban Development will provide Section 8 vouchers. All units will be restricted for individuals and families earning less than 30% of area median income (AMI).
In Stow, 22 Johnston Way, sponsored by the Stow Elderly Housing Corp, will feature 87 units for seniors making less than 60% AMI with a portion reserved for those making less than 30% AMI. DHCD will support construction and rehabilitation of the existing property with state and federal low-income housing tax credits and subsidy funds.
Prospect Estates in Webster will offer 25 rehabilitated units for individuals and families making less than 60% AMI with four of those units reserved for households making less than 30%. The project is sponsored by Affordable Housing and Services Collaborative, Inc. of Braintree. DHCD will support the project with federal low-income housing tax credits and subsidy funds.
Westminster Senior Residences in the Town of Westminster is a new construction project sponsored by Commonwealth Community Developers, LLC of Cambridge. This project will offer 50 units, all affordable to seniors earning less than 60% of AMI, with 10 units further restricted for services earning less than 30% of AMI and, in some cases, transitioning from homelessness. The Town of Westminster will provide funding for this project on top of state and federal low-income housing tax credits and subsidy funding provided by the DHCD.
In Worcester, Abby’s House will receive funding from DHCD and the City of Worcester to renovate its existing shelter facility at 25 Crown St., including addressing accessibility issues in the facility which opened in 1976. The renovation will transform the shelter from a 9-bed congregate shelter to a non-congregate shelter with 13 rooms and 18 beds. Abby’s House serves women and children experiencing homelessness in Worcester.
The funding announced on Tuesday will fund 1,474 affordable units in 16 communities across Massachusetts, including 384 units reserved for very low-income residents.
EDITORS NOTE: A previous version of this story cut off the last two paragraphs including information about the Abby's House renovation.
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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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