62-Unit Chelsea Housing Project Gets ARPA Funding

Image courtesy of MassHousing A 62-unit mixed-income housing project in Chelsea is the first in Massachusetts to receive home ownership production ...

August 31, 2022
4:24 AM

Image courtesy of MassHousing A 62-unit mixed-income housing project in Chelsea is the first in Massachusetts to receive home ownership production funding from ARPA through a MassHousing program. The Neighborhood Developers Inc., a Chelsea nonprofit, plans to build 56 mixed-income apartments and six condominiums in a mid-rise building at 25 Sixth St. MassHousing provided $10.4 million in affordable and workforce housing financing to redevelop the industrial site. The condominiums, which will be reserved for moderate-income first-time home buyers, received $1.

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