Investments will produce over new 100 units of affordable rental units in South Boston

BOSTON – Recently, State Senator Nick Collins, State Representative David Biele, and the Baker-Polito Administration announced more than $30 million in direct funding as well as the allocation of state and federal tax credits that will yield an additional $200 million to support the rehabilitation and production of 678 units of affordable housing. 

These investments are being made through the Department of Housing and Community Development’s Rental Housing Rapid Production Program.  Locally, these investments will result in 104 new rental units at the Anne Lynch Homes at Old Colony in South Boston, all of which will be affordable to households. 

The housing provider, Beacon Communities has worked closely with the U.S. Department of Housing and Urban Development, DHCD, and the City of Boston, and DHCD to fully redevelop the massive Anne Lynch Homes at Old Colony over the last decade.  To date, more than 500 units have been completed or are currently under construction as the rehabilitation of Old Colony continues.  When completed, all the new units will be affordable to households earning less than 60% of AMI.

“Building more affordable housing to disrupt patterns of housing insecurity and intergenerational poverty is a top priority for me,” said Senator Collins. “I am proud to support these critical investments as Chair of the Senate Committee of Community Development and Small Business, and I thank the Baker Administration for awarding this funding.”

“It is crucial that we continue to produce housing that is affordable for our neighbors and families,” said Rep. Biele.  “I am thankful to the Baker-Polito administration for these important investments which will result in over 100 new affordable units in South Boston, and will continue to work with my colleagues in government on the housing needs facing our communities.”