Today, Mayor Michelle Wu announced this year's affordable rental, homeownership, and cooperative housing funding awards. In collaboration with the Neighborhood Housing Trust (NHT) and the Community Preservation Committee (CPC), Mayor Wu recommended funding to be awarded to projects that will create or preserve 826 housing units, with 775 designated as income-restricted homes. The $68.96 million in awards will support 14 developments spanning nine neighborhoods, utilizing various funding resources such as Community Development Block Grants (CDBG), Inclusionary Development Policy (IDP), HOME, Community Preservation Act (CPA), and Linkage.

"Collaborating closely with community across neighborhoods, we're leveraging all available resources within the city to tackle Boston's housing challenges,” said Mayor Michelle Wu. “These housing grants will strengthen our communities, enhance affordability, and continue to establish Boston as a home for current residents, families, and future generations. Thank you to the Neighborhood Housing Trust and the Community Preservation Committee for their partnership as we continue our efforts to build a Boston that is home for everyone."

The Mayor’s Office of Housing, the CPC and the NHT released a Request for Proposals (RFP) to solicit support for income-restricted housing initiatives. In response to the RFP, 24 teams submitted proposals totaling over $115 million. The submissions were subjected to a rigorous evaluation against specific criteria, including team capacity, financial feasibility, cost to public funders, design, equity and inclusion, community support, and market need.

"Today's funding will create 775 affordable homes for residents across the city. These developments are designed to offer residents stable and economically viable housing options and will assist us to meet our climate and equity goals," said Sheila Dillon, Chief of Housing. "These funding awards will support the creation of rental, homeownership and supportive housing developments, catering to the diverse needs of the community.“

The RFP required developers to support and implement the City of Boston’s equity & inclusion goals. Projects where Black, Indigenous, or People of Color (BIPOC) represented 30% or more of the development team leadership received a high preference for funding awards. Development teams where 30% or more of soft costs, such as architects or engineering, go to Minority or Women Owned Enterprises (MWBE) subcontractors also received this preference. Applicants were further required to submit a plan for services offered to residents in income-restricted homes in multifamily buildings that will help support the economic mobility of those residents.

"Many of these projects, which went through the BPDA’s development review process, provide the opportunity to create more vibrant, mixed-income neighborhoods," said Chief of Planning Arthur Jemison. "The Neighborhood Housing Trust is an important tool in our tool box to ensure that desperately needed affordable housing is properly funded and can get online in an expedient manner, and I'm excited to be celebrating some of those projects here today."

All new construction projects funded in this round will be required to follow the Zero Emissions Building (ZEB) requirements outlined in the MOH Design Standards. Proposals include housing opportunities for renters, owners, elderly, artists, and youth aging out of the foster care system. Many proposals are located closely to transit and include community space for new tenants and the broader community. 

"Securing and nurturing affordable housing is the cornerstone for vitality and inclusivity in Boston’s neighborhoods," said Felicia Jacques, Chair of the Community Preservation Committee. "With escalating housing costs, many families and individuals face the reality of being priced out, leading to heightened displacement and diminishing diversity. The CPC is committed to channeling resources towards innovative, climate-resilient, affordable housing endeavors that create secure and nurturing homes for our community members."

"As Boston evolves, our commitment to fostering inclusive communities through accessible housing remains paramount," said Catherine Hardaway, Chairperson of the Neighborhood Housing Trust. "Accessible housing not only fosters stability and quality living spaces for our residents but also serves as a catalyst for economic progress and societal fairness. Through collaborative efforts with developers, community stakeholders, and residents, the Neighborhood Housing Trust remains steadfast in its mission to champion innovative solutions in affordable housing. By prioritizing investments in accessible housing, we strengthen our neighborhoods, creating environments where every individual can thrive and contribute."

"We are immensely proud to be selected as a recipient of this year's affordable housing funding awards, furthering our commitment to inclusive and accessible housing solutions. Norfolk Design & Construction, as a Minority-Owned and Veteran-Owned enterprise, is honored to contribute to Mayor Michelle Wu's vision of equitable housing for all,” said Adler Bernadin, President, Norfolk Design & Construction. “Our Mildred Ave development project, through the integration of affordable housing and a community garden, we aim to create a space that nurtures both physical and social health. We extend our gratitude to Mayor Michelle Wu, the Mayor's Office of Housing, Neighborhood Housing Trust, and the Community Preservation Committee for their commitment to addressing the critical need for inclusive housing solutions in our city."

"East Boston Community Development Corporation is grateful to the City of Boston for its unwavering support and commitment to our mission of fostering vibrant, inclusive communities,” said Sal Colombo, President of East Boston Community Development Corporation. “With the funding provided by the city, our project at 2 Shawsheen is poised to make a meaningful impact in the Orient Heights neighborhood. The construction of 22 new affordable homeownership units will not only address the pressing need for accessible housing but also cater to the specific needs of moderate-income families requiring larger living spaces. This collaboration underscores our shared vision of creating a thriving, equitable community."

The awarded projects are found in neighborhoods across the City including:

ALLSTON/BRIGHTON:

CHARLESTOWN:

DORCHESTER:

EAST BOSTON:

JAMAICA PLAIN:

MATTAPAN:

MISSION HILL:

ROSLINDALE:

ROXBURY:

The City of Boston sets criteria for funding decisions aimed at advancing its commitment to equitable mixed-income housing. Proposals were evaluated based on their ability to, among other things, utilize City-owned land; target diverse income brackets; minimize construction costs; cater to specific community needs such as the disabled and veterans; stabilize existing tenancies; address impending affordability loss; and focus on neighborhoods with limited income-restricted housing. Priority was given to large projects with a significant proportion of income-restricted units and projects in high-cost areas. The criteria are meant to ensure the strategic allocation of resources towards projects that enhance long-term affordability and accessibility citywide.

The allocation of funding for 775 units of affordable housing represents continued progress towards the Wu administration’s affordable housing production goal of 4,700 new units by 2025. By the end of 2023, the City had permitted 2,291 of those units, which represents nearly half of the target. The newly developed Boston Housing Strategy story map outlines the City’s housing and development goals and the strategies through which it is seeking to accomplish them. The Strategy is paired with a dashboard that outlines the progress made towards achieving each of the goals during the last two years. 

 

About the Mayor’s Office of Housing

The Mayor's Office of Housing (MOH) works with partners to create and preserve affordable housing and prevent displacement, while supporting at-risk residents with housing stabilization services. MOH leads Continuum of Care services for Boston, connecting unsheltered individuals and those struggling with substance abuse disorder to housing and care. Through the Boston Home Center, MOH provides funding and technical assistance to boost homeownership opportunities for BIPOC and lower-income residents, and supports critical repairs to make Boston’s housing stock climate-ready and fossil fuel free. As stewards of tax-foreclosed land and buildings, MOH works with Boston’s residents to create and preserve urban agriculture and open space. For more information, please visit the MOH website. 

About the Boston Planning & Development Agency (BPDA)

As the City of Boston’s urban planning and economic development agency, the BPDA works in partnership with the community to plan Boston's future while respecting its past. The agency’s passionate and knowledgeable staff guides physical, social, and economic change in Boston’s neighborhoods and its downtown to shape a more prosperous, resilient, and vibrant city for all. The BPDA also prepares residents for new opportunities through employment training, human services and job creation. Learn more at bostonplans.org, and follow us on Twitter @BostonPlans.

About the Neighborhood Housing Trust Fund (NHT)

The NHT Fund supports homeownership, rental, cooperative, transitional, and permanent housing developments. The fund provides financing for projects serving households earning at or below 50% AMI and gives preference to populations that face barriers in securing housing, including seniors and people with disabilities. Funding is awarded as gap financing, and each applicant may receive no more than $750,000 per project. Priority is given to projects serving the greatest number of low-income households. The program also has a preference for projects that are near transit, and include family-sized units with two or more bedrooms. Boston's Neighborhood Housing Trust Fund is funded through a commercial project linkage payment fee system. 

About the Community Preservation Act (CPA)

After Boston voters adopted the CPA in November 2016, the City created a Community Preservation Fund. This fund is capitalized primarily by a one percent property tax-based surcharge on residential and business property tax bills that began in July 2017. The City uses this revenue to fund initiatives consistent with statewide CPA guidelines: income-restricted housing, historic preservation, open space, and public recreation. The funding of any project requires a recommendation from the Community Preservation Committee and appropriation by the City. For more information, please visit the Community Preservation webpage.