Two Affordable Housing Developments and Church Recommended for Community Preservation Act Funding

Two affordable housing developments and a local church were among 52 projects that were recommended to receive Community Preservation Act funding. Mayor Michelle Wu and the city's Community Preservation Committee's recommendations totaled more than $27 million in grants. The two affordable housing projects recommended to receive funding are:

Stonley-Brookley -- $1,975,000 to partially fund the creation of 45 mixed income-restricted homeownership units in a new development. Community Preservation funds will support the 32 affordable units ranging from 80% to 100% Area Median Income (AMI). 127 Amory St.

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Amory Street Developer Changing # of Units from 140 to 96, Making All Affordable Housing

A developer wants to reduce the number of units already approved for a project at 127 Amory St., and make all units affordable. The Community Builders filed a project change notice with the Boston Planning & Development Agency (BPDA) regarding the project at 127 Amory Street, which is the third phase of a four phase project under construction at 125 Amory St. The original plan was for 140 newly constructed units with 105 to be rented at market rate. The other 35 were going to be rented at 70% or less AMI (area median income). The majority of the units were going to be studios or one-bedroom apartments, with 25% of the units containing two or more bedrooms. The approved plan was to include 58 subsurface parking spots and 14 outdoor parking spots.

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