The first phase of Clarendon Hill Apartments in Somerville, Massachusetts has broken ground. The redevelopment project is a collaboration between Preservation of Affordable Housing, Somerville Community Corporation, Somerville Housing Authority, and other partners.
“The work that begins today is a transformative project that will create a vibrant, mixed-income neighborhood that fosters diversity, opportunity, and a sense of belonging,” said Somerville mayor Katjana Ballantyne.
Phase One involves the construction of a 168-unit development that will replace the existing 216 affordable public housing units. Once completed, the redevelopment will provide a total of 591 mixed-income housing units. The project aims to improve amenities, provide green spaces and community facilities. It will also feature enhanced infrastructure meeting LEED Platinum standards for sustainability.
The funding for the project includes support from the Partnership to Expand Housing Opportunities program, Low-Income Housing Tax Credits, Bank of America, the City of Somerville, POAH financing, and funds from MassHousing.
Somerville Affordable Housing Redevelopment Breaks Ground
Somerville Affordable Housing Redevelopment Breaks Ground
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The first phase of Clarendon Hill Apartments in Somerville, Massachusetts has broken ground. The redevelopment project is a collaboration between Preservation of Affordable Housing, Somerville Community Corporation, Somerville Housing Authority, and other partners.
“The work that begins today is a transformative project that will create a vibrant, mixed-income neighborhood that fosters diversity, opportunity, and a sense of belonging,” said Somerville mayor Katjana Ballantyne.
Phase One involves the construction of a 168-unit development that will replace the existing 216 affordable public housing units. Once completed, the redevelopment will provide a total of 591 mixed-income housing units. The project aims to improve amenities, provide green spaces and community facilities. It will also feature enhanced infrastructure meeting LEED Platinum standards for sustainability.
The funding for the project includes support from the Partnership to Expand Housing Opportunities program, Low-Income Housing Tax Credits, Bank of America, the City of Somerville, POAH financing, and funds from MassHousing.
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