Nearly 1,200 housing units receive support from Boston’s Affordable Housing Plan
Mayor Martin J. Walsh announced a plan to provide nearly $39 million in funding to support affordable housing throughout Boston. This plan will create or preserve 1,194 housing units.
“By investing in housing, we are supporting economic development and creating jobs that will revitalize Boston’s neighborhoods for future generations,” said Mayor Walsh.
The funding will contribute to over $575 million in public and private investment in neighborhoods, create an estimated 1,200 construction jobs and provide 196 units for homeless or extremely low-income families. The proposals seek the aid of the state, with the city’s investment representing 6 percent of the total capital needed.
Twenty-two housing developments in total received funding, with developments in Aliston-Brighton, Charlestown, Dorchester, Central Boston, East Boston, Hyde Park, Mattapan, Mission Hill, Roxbury and South Boston all receiving funding awards.