Boston allocates over $34 million to build and preserve 841 affordable housing units – New Developments – Boston.com Real Estate

Nearly 200 units will be set aside as permanent housing for people and families who are homeless. Boston has earmarked $34 million to build and preserve 841 affordable housing units across the city, Mayor Marty Walsh announced earlier this month. The new funds, which are roughly equal to the cost of a single Back Bay penthouse sold last year, will go toward creating 608 new income-restricted uni…

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McDevitt Law Group

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