On WBUR: Boston’s Public Housing Goes Private: Why The City Is Teaming Up With Developers
Why Team Up With Private Companies? A lack of federal funding has changed the way the BHA operates, says Kate Bennett, the agency’s senior deputy administrator for redevelopment projects.
On Universal Hub: 20 affordable condos proposed for Dudley Square
The Madison Park Development Corp. this week filed plans with the BPDA to use both land it owns and a city-owned vacant lot for a four-story, 20-unit condo building at 75 Dudley St., at Guild Row – next to another condo building it is currently constructing.
In New England Real Estate Journal: MassHousing closed on $32.8m financing to to the Madison Park Development Corp. for 131-unit Haynes House
MassHousing has closed on a total of $32.8 million in affordable housing financing to the Madison Park Development Corp. (MPDC), for the preservation of affordability and property rehabilitation at the 131-unit Haynes House, located at located at 735 Shawmut Ave. The MassHousing refinancing will extend affordability for households with a range of incomes in perpetuity, following the expiration of previous affordability restrictions with the maturation of the property’s former Section 13A mortgage in 2017.
In the Bay State Banner: Whittier Street housing redevelopment underway
Since 1953, the red brick buildings of the Whittier Street public housing development towered over the corner of Tremont and Ruggles Street.
Over the decades, much changed around them: In the 1960s, homes and stores were leveled for the aborted extension of Interstate 95 through Roxbury. In the 1980s, the Orange Line was relocated to the Southwest Corridor with a new station at Ruggles Street. In the 1990s, the new Boston Police Department headquarters was built across the street.