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Who is eligible? The statute requires at least 25% of the units to be restricted to occupants earning no more than 80% of the area median income, or 20% of units set aside for persons earning no more than 50% of the area median income. The remaining units are available as offerings at market rates.
The Massachusetts Housing Finance Agency has given site approval to King’s Residences, the development of 133 condo units at the site of the former J.B. Thomas Hospital in Peabody. Site approval allows for an application submission to the Peabody Zoning Board of Appeals for a comprehensive permit under Chapter 40B.
May 5, 2020 · PEABODY — A redevelopment plan for 133 condominiums at the site of the former J.B. Thomas/Curahealth hospitals has won project eligibility/site approval from the Massachusetts Housing Finance...
Jul 24, 2020 · Earlier this year in April, the developer received 40B site approval for its plans to build King’s Residences, a 133-unit residential development on the 3.2 acre site with 34 units being ...
May 4, 2020 · The development will be known as King’s Residences. The Massachusetts Housing Finance Agency (MHFA) issued a Project Eligibility Letter to HDG-owned HDG King Street LLC on April 30.
Jul 20, 2021 · On Monday night, the Zoning Board of Appeals (ZBA) voted 4-1 to issue a comprehensive permit (with 44 conditions) under Chapter 40B, the state’s affordable housing law, to Hemisphere Development ...
Check out the new website for the proposed residences to fill a critical need for 55+ community at the former J.B. Thomas Hospital site. Plans... Plans incorporate community feedback to transform an eyesore...
