Summary of proposal
This proposed development will create 42 new affordable apartments targeting families at 15% AMI, 30% AMI, and 60% AMI income levels and 8 unrestricted “workforce” units of housing targeted to families at 80% AMI within a neighborhood of dwindling housing stock. 16 of the units will be supported by MAUI rental subsidies and will serve the 15% and 30% AMI income levels, and will specifically target the families that are doubling up in the existing neighborhood housing stock in an effort to help address this identified form of homelessness. The property is located steps away from the Brown Line, bus routes, and walking distance to schools and shopping. The building’s first floor commercial space will be occupied by the nonprofit organization Concordia Place, which will provide high quality free or low-cost childcare for our working residents that have children.