Massachusetts Housing Investment Corporation (MHIC) and Conservation Law Foundation (CLF) have partnered to finance the Northampton Residences at 597-599 Northampton Street in Boston’s Lower Roxbury neighborhood. The development will create 47 affordable homeownership condominiums, aligned with Imagine Boston 2030’s goals of enhancing the area with infrastructure improvements and investments in affordable housing. Located near public transportation, including the Massachusetts Avenue MBTA Orange Line station, and adjacent to the Southwest Corridor – a 4.1-mile linear park – this project is part of Healthy Neighborhood Equity Fund II’s mission to finance inclusive mixed-use developments that offer retail, housing, and social services for healthier communities.
Moddie Turay, President & CEO of MHIC commented: “Affordable homeownership options are critical to closing the wealth gap for low-income communities – especially individuals & families of color.” This project provides an opportunity for these groups specifically as it works towards creating more equitable neighborhoods across Greater Boston through increased access to quality living spaces at an attainable cost.
