37 Union Street was one of the projects that were awarded by Housing and Economic Development Secretary Mike Kennealy and Housing and Community Development Undersecretary Jennifer Maddox, who joined local leaders for a virtual celebration of the Commonwealth’s most recent affordable housing awards. Awards supporting 12 projects in 8 communities will bring 572 new housing units to Massachusetts, including 507 affordable units, with 108 reserved for extremely low-income households. These awards will provide a combination of state and federal housing tax credits, state and federal rental vouchers, and direct funds to support new housing development.
37 Union Street is a historic adaptive re-use project in Attleboro, which Affirmative has partnered with GAM Realty, LLC (Owner) and E3 Development LLC(sponsor) as Developers in the project. DHCD will support this transit-oriented, mixed-income project with federal and state low-income housing tax credits and subsidy funds. The city of Attleboro will support the project with local funds. When completed, 37 Union Street will offer 59 total rental units. 42 units will be restricted for households earning less than 60 percent of AMI, with 8 units further restricted for households earning less than 30 percent of AMI.
Click here to read more on other awarded projects in Massachusetts.