Undersecretary Chrystal Kornegay Cuts Ribbon at Tenney Place in Haverhill
Undersecretary Kornegay joins Mayor James Fiorentini, legislators and local leaders to celebrate 72 new units of mixed-income, family housing
Haverhill – September 21, 2016 – Today Housing and Community Development Undersecretary Chrystal Kornegay celebrated the opening of Tenney Place in Haverhill. The ribbon cutting opens the first phase of the Tenney Place project, which will bring 72 new units of mixed-income family rental housing, and new community space, playgrounds and open space to Haverhill.
The development’s first phase includes 56 affordable units and 16 market-rate units. DHCD awarded a number of state and federal subsidies and tax credits to phase 1 of the project in 2014. Phase 1 also received financing from Mass Housing Partnership, MassHousing, Bank of America and Boston Community Capital.
This August, DHCD awarded Dakota Partners, developers of Tenney Place, funds to construct the development’s second phase. Tenney Place Phase 2 will offer an additional 72 units of mixed-income family housing, including 56 affordable family rental units. Eight of the rental units in Tenney Place Phase 2 will be reserved for extremely low-income households.
“Housing that people can afford gives communities the security to succeed, and continue to be thriving, vibrant and inclusive places for all of our families,” said Housing and Community Development Undersecretary Chrystal Kornegay. “We are incredibly pleased to support both phases of this project, and look forward to returning for more opportunities to celebrate with the Haverhill community.”
“I am proud to continue the mission of providing quality housing that people in our city can afford,” said Haverhill Mayor James J. Fiorentini. “Keeping Haverhill an affordable community for all of our residents is a priority of my administration.”
“The Tenney Place project and the housing units it includes, fulfil a vital need in the City of Haverhill. With all of the exciting economic redevelopment occurring in downtown Haverhill, it is important that we invest in affordable housing to ensure a strong and vibrant community,” said Representative Brian S. Dempsey, Chairman House Committee on Ways and Means. “I want to thank the Baker-Polito Administration, Secretary Ash and Undersecretary Kornegay for their assistance on this project and I look forward to their continued partnership in the future.”
“Tenney Place shows what great results can be achieved when capable private developers like Dakota Partners work in partnership with local government,” said Clark Ziegler, Executive Director of the Massachusetts Housing Partnership. “The City of Haverhill has been a statewide leader in support of new housing production for all income levels and we are pleased to provide much of the low-cost, long-term financing that has made that possible.”
Investments in affordable housing developments and renovations reflect the Baker-Polito Administration’s commitment to ensuring that residents have access to affordable housing throughout Massachusetts. In May, the administration unveiled a 5-year Capital Budget plan that includes a $1.1 billion commitment to increasing housing production. This commitment represents an 18% funding increase for production and housing preservation for existing affordable units across the state.
Since 2015, the Baker-Polito Administration has provided funding to create and preserve 2,856 units of affordable housing, including 874 deeply affordable units for at-risk populations.