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In August 2017, the Boston Housing Authority announced a partnership with WinnCompanies [7] on a $1.6 billion redevelopment project that would replace the 1,016 subsidized apartments with 1,365 mixed-income units, adding middle-income/workforce housing and market-rate rental units and condominiums to the replacement subsidized units. [8]
The Old Colony Housing Project is a 16.7-acre public housing project located in South Boston, Massachusetts. First built in 1940 as a cluster of 22 three-story brick building’s housing 873 low-income units, [1] It is one of the Boston Housing Authority's oldest developments.
The federal government, through its Low-Income Housing Tax Credit program (which in 2012 paid for construction of 90% of all subsidized rental housing in the US), spends $6 billion per year to finance 50,000 low-income rental units annually, with median costs per unit for new construction (2011–2015) ranging from $126,000 in Texas to $326,000 ...
Map of locations by per capita income. Areas with higher levels of income are shaded darker. Massachusetts is the second wealthiest state in the United States of America, with a median household income of $89,026 (as of 2021), [1] and a per capita income of $48,617 (as of 2021). [2] Many of the state's wealthiest towns are located in the Boston ...
In 1962, upon receipt of a lawsuit filed by a civil rights group, the Boston city government under Mayor John F. Collins (1960–1968) desegregated the project. [1] It was the first state development under Chapter 200 of the Massachusetts legislature's Acts and Resolves of 1948 to open and the only one built on a slum clearance site, having ...
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