Development and Preservation
Southwest Boston CDC’s members and leaders care deeply about creating homes with rents and sales prices that reflect what people in Hyde Park and Roslindale can afford. We develop and preserve affordable housing in order to help build and sustain vibrant communities and to prevent the displacement of families who can’t afford Boston’s exorbitant housing costs.
The Residences at Fairmount Station, Hyde Park
SWBCDC, in partnership with Traggorth Companies, is currently developing the first new family affordable housing in Hyde Park in nearly 25 years. The Residences at Fairmount Station will play a role in continuing to revitalize Hyde Park’s downtown commercial district.
The development will provide:
• Affordable homes: The development will provide 27 new rental apartments for low- and moderate-income households. Affordable housing helps families improve financial stability, reduce stress, increase health, invest in other areas of their lives, and have more disposable income to spend locally.
• Improvements in landscaping and in auto and pedestrian access: The development will transform a blighted eyesore into much-needed affordable homes that will compliment and connect to the surrounding neighborhood and commercial district. The project includes improved access to the Fairmount Station tracks, including street improvements, new sidewalks and crosswalks, as well as including paving, street lighting, and curb improvements to Nott Street.
• Transit Oriented Development: The new homes will be convenient and connected to several forms of transit, including the Fairmount Commuter Rail, MBTA Bus Routes 24, 32 and 33, and the Neponset Bicycle Path.
• Play/Outdoor Space: The development will provide approximately 6,000 square feet of green space for residents to use, including a play area for kids.
• Community Space: The development will provide an approximately 585 square foot community room, for use by residents of the building and other community groups.
• Sustainable Design: The proposed project will be LEED Silver certifiable. It will be highly energy efficient, environmentally sensitive on issues such as reducing water runoff and flooding, and provide extremely high indoor air quality. It will have a solar-ready roof, bike storage, energy star appliances and other LEED-Silver sustainable features as part of the design.
• Tax Revenue: Once constructed and occupied, the proposed project will provide additional property tax revenues to the City.
Residences at Fairmount Station has received funding and financing from the City of Boston, CEDAC and LISC, and received an award of Low Income Housing Tax Credits and other subsidies from the Massachusetts Department of Housing and Community Development in August 2016. Construction is expected to start by summer 2017.
875-889 American Legion Highway, Roslindale
SWBCDC Purchased this property in August 2016. This deal was the first to use the City of Boston’s Acquisition Opportunity program, designed to preserve and protect homes that are still relatively affordable but at risk of seeing increased rents. We purchased this property from a private owner and will protect it from rising rents as well as improve its quality and the living conditions for the tenants there. The property includes eight 4-bedroom townhouse-style homes and off street parking. It is a short walk from a shopping center and a range of bus lines. It is one mile from the proposed Mattapan stop on the Fairmount Indigo Line.
This property is managed for us by Maloney Properties. The property rarely sees a vacancy, but if you are interested in joining a waiting list, please contact Maloney directly at their Mattapan office: 617.296.5700
990 River Street, Hyde Park
In August, 2012, SWBCDC and our Roslindale based development partner, RG Development, completed the renovation of 990 River Street, a 3-family property in Hyde Park.
We sold the home to a moderate income homebuyer who had been one of five households to submit bids for purchase of the house.
Protecting Expiring Use Homes
We have actively participated in successful campaigns to preserve over 150 affordable housing units threatened with conversion to market rate housing in Hyde Park and Roslindale.
From 2004-2008 we joined with allies to organize tenants at Florence Apartments so that they could protect their affordable homes in Roslindale. The owner’s HUD contract expired, allowing him to sell it and remove the affordability restriction. Tenants met with public officials and worked with City Life to draw attention to the need to renew the Section 8 contract.
We also worked with the over 90 residents to identify issues of concern. Safety was their top priority, so we helped them meet with city officials and the Police Department — and they establish a crime watch group as they worked to save their homes. In the end, Red Sox legend Mo Vaughn’s organization purchased the apartments and they have remained affordable.