Construction Begins on New Jackson Square Development for 62 Affordable Units

Construction recently started on the new Holtzer Park housing development which will include 62 new affordable rental units in Jackson Square. The development is part of the Boston Housing Authority’s (BHA) 125 Amory Street redevelopment. The project is a joint venture between The Community Builders, Jamaica Plain Neighborhood Development Corporation (JPNDC), and Urban Edge, which are renovating and preserving 199 public housing units as affordable housing, repurposing BHA offices into 12 new affordable units, and building approximately 133 units of affordable housing and 214 market-rate apartments in three new buildings on adjacent BHA-owned property. Holtzer Park will create 41 affordable units for households whose income is less than $76,740 for a family of four and are supported with Low Income Housing Tax Credits, according to a press release. An additional 21 of units will have project-based vouchers to provide more affordability for households whose income is less than $38,350 for a family of four.

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Redevelopment of Hailey Apartments Would Add 435 Affordable/Upper Middle-Income Units to Public Housing Units

The proposed redevelopment of the Mildred C. Hailey Apartments would include a 1-to-1 replacement of the existing 253 public housing units and add 435 more housing units. The proposed project by The Community Building, Jamaica Plain Neighborhood Development Corporation (JPNDC), and Urban Edge, is only Phase I of redevelopment the apartment complex in Jackson Square. Phase One is on the southeast portion of the existing apartments, and would include the construction of approximately 435 new affordable and upper middle-income apartments. To reiterate, the current 253 public housing units would be replaced with 253 new public housing units, according to the Boston Planning & Development Agency. There would also be approximately 290 parking spaces, according to the developers' Letter of Intent.

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$500K Available for Vulnerable JP Families from Urban Edge COVID-19 Emergency Response Fund

The Urban Edge Resiliency Fund will directly assist families and individuals living in Urban Edge’s housing, as well as low- to moderate-income families in Roxbury and Jamaica Plain, impacted by the COVID-19 pandemic. “COVID-19 has had a disproportionate impact on communities of color in Boston and throughout the country,” said Emilio Dorcely, Urban Edge’s Chief Executive Officer. “A majority of the cases in the city of Boston are among black and brown residents. That means that neighborhoods like Roxbury and Jamaica Plain are particularly vulnerable. This fund is designed to help our residents meet their needs.”
The initial phase of the fund is offering $150 Visa gift cards to residents in Urban Edge housing, as well as low- to moderate-income families living in Roxbury and Jamaica Plain, to help them meet their immediate needs.

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Boston Foreclosures Dropped 61% in 2019

Boston's foreclosure rate reached a 17-year low in 2019, dropping 61 percent in 2019 compared to 2018. Across the city foreclosure executions went down from 103 in 2018 to 40 in 2019, according to city statistics. Comparatively, 1,215 foreclosures were executed in 2008 during the height of the housing crisis. "I'm proud that through our work with homeowners, we have been able to reduce the number of foreclosures in Boston, and keep more families in their homes," said Mayor Marty Walsh via press release. "These results show that our programs and policies to prevent foreclosures and evictions are working.

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Holzer Park Project on Amory Street Moving Forward with 62 Restricted-Income Rental Units

The Holzer Park project on Amory Street is moving forward after the state committed to funding the building that will provide 62 new units of transit-oriented rental housing. Mayor Martin Walsh and the Department of Neighborhood Development made the announcement on July 23, as the project at 125 Amory Street has already received funding from the city. "I am excited that this project, along with several others, received the final amount of funding needed to begin the work to build more homes in our neighborhoods," said Mayor Walsh via press release. "This project adds 62 subsidized housing units that will offer more opportunities for low and middle income families to live and work in Boston and further contributes to the goals laid out in our Housing Boston 2030 plan." All of the 62 units will be income-restricted across different income levels.

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