West Newton

West Newton, MA · Real Estate
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Boston
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Revere Housing Authority Eyes Smart Growth Zone for Cooledge Street Overhaul
The Revere Housing Authority wants to add hundreds of new apartments to its Cooledge Street property, pairing a major expansion of public housing with roughly 900 market-rate units under a proposed zoning overlay. The plan would add 359 public housing units to the 439 that already exist on the site, while also opening the door to private market-rate development nearby.
nerej.com
WinnCos. secures funding for 115-unit, mixed-income apt. community in Downtown Salem, MA
Salem, MA WinnCompanies has secured financing for a 115-unit, mixed-income apartment building designed to revitalize the northern gateway to downtown. The $48 million construction project will deliver a true mixed-income community offering a range of affordability and apartment sizes – 20 studios, 60 one-bedroom units and 35 two-bedroom units. Of the 115 apartments, 55 will be available to households earning up to 60% of Area Median Income (AMI); 22 will be available at incomes up to 30% AMI; 20 will serve middle-income households; and 18 will be rented at market rates.