The development company chosen to renovate and reuse Blessed Sacrament filed a letter of intent with the city outlining its proposed project. Hyde Square Task Force announced it was selling the Blessed Sacrament Church to Pennrose in October. Pennrose's proposal is for a mixed-use, mixed-income housing development in which Pennrose will honor Blessed Sacrament's architecture and history while adding more affordable housing to the neighborhood. The proposal calls for 6,475 sq. ft of multipurpose/performance space that would be operated by Hyde Square Task Force.