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Mission Main
Project Information
- Project Location:
- Roxbury, MA
- Approx Contract:
- $100,000,000
- Status:
- Completed - Jan 2001
- Structure Type:
- Apartments & Condominiums
References
- Architect:
- Chia Ming Sze Architects
Scope Of Work
CategoryRental, Tax Credit
Size535 Low and Middle Income Rental Housing Units
ArchitectChia Ming Sze Architects
TDC$127 Million
FinancingMassHousing, Department Housing and Community Development, 4% and 9% Low Income Housing Tax Credits
Located in the Roxbury neighborhood of Boston, Mission Main was originally a large housing project with over 1,000 residences constructed in 1940. Over time crime, drugs and a deep concentration of poverty contributed to the neighborhood's eventual deterioration.
After a competitive selection process by the Boston Housing Authority (BHA), the team was selected to redevelop the project and was awarded a Hope VI grant from the US Department of Housing and Urban Development (HUD). The $127,000,000 project was financed with $50 Million in Hope VI funds, a $28 Billion Comprehensive Grant, tax-exempt bond financing through MHFA along with 4% and 9% LIHTC bond financing from the DHCD.
EA Fish served as a lead developer and principal sponsor through all phases of the project, including the community review and entitlement process; the project financing; the phasing of the resident relocations; as well as the coordination of the urban construction. Despite these challenges, the project was completed on time and under budget in December 2001 and is now a community that houses a vibrant cross-section of the city's dynamic population.
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