Over the past quarter, many projects and programs have been completed or have made significant progress towards completion. As of March 31, 2012, over 390 projects have been fully completed. The following are highlights from Recovery Act projects that were completed between January 1 and March 31, 2012. For more information on individual projects and programs, and to see stories from the past three years of economic recovery in Massachusetts, please visit www.mass.gov/recovery
The American Recovery and Reinvestment Act provided over $59 million to low income housing projects through the Tax Credit Assistance Program. Twelve projects throughout the Commonwealth have used these funds to preserve, rehabilitate or construct affordable housing in properties with over 690 total rental units and have provided jobs to more than 3,900 people over the course of the program. Projects included:
- The construction of 36 rental units reserved for those making less than 60% of area median income in Jamaica Plain.
- The Union Crossing project in Lawrence which provides 60 new apartments for working families in Lawrence.
- The purchase and substantial rehabilitation of a mixed use building in Greenfield. 35 studio units were created in the existing space along with 20 units constructed in an addition.
- Construction of 57 units for elderly housing in Roxbury. The project will be seven stories high, approximately 45,830 square feet and will include a community room, common laundry, mail and lobby area.
- New construction of 32 units and the rehabilitation of an 11 unit building in the Cabot Homes in Beverly. These 43 units are reserved for low and very low income individuals.
- Renovation of the historically vacant former Ingraham School in New Bedford. The building now includes nineteen apartments for homeless families receiving support services. The lower level will include an after school program, a community room and a kitchen.