Expanding Affordable Housing
BCDC is constantly working to expand affordable housing opportunities for Brookline residents. This work includes analyzing land/properties to purchase and working with architects and engineers to create development plans. In the past year we engaged a team of graduate students participating in the Federal Home Loan Bank Affordable Housing Design Competition to develop a feasible project proposal for the Babcock Street Parking Lot, one of the potential sites identified in the recent Housing Production Plan.
The Town of Brookline is supporting the Brookline Community Development Corporation’s initiatives to expand the supply of affordable housing with an award of $400,000 in American Rescue Plan funds for early-stage costs for the development of affordable housing.
The recent Housing Production Plan developed by Brookline’s Housing Advisory Board and adopted by the Select Board identified a need for new affordable housing to serve families. That is a priority for the Brookline Community Development Corporation as work to identify sites and explore opportunities for new affordable housing.
The Brookline Community Development Corporation expects that our development of new affordable housing will involve partnership with other non profit or for profit developers as we build our capacity to meet Brookline’s need for affordable housing.