150 River Street, Mattapan
River Street Village is a four-story apartment complex with 30 apartments available on a lease-hold basis to those earning 30-100% of the median income of the Boston area. It is designated as aged-restricted senior housing.
CICD is co-owner and co-developer, together with the Planning Office for Urban Affairs.
The 34,103 square feet of land will include
a 1,500 square foot community room for up to 40 people and adjoining kitchen that can be used for resident functions, Meals On Wheels delivery and distribution, as well as non-resident community meetings by local non-profits.
• 30 Units
• Approximately 29,122 GSF
• $11 million Total Development Cost
• Target completion date: Summer 2022
• Financed with 9% Tax Credits,
MHFA Perm, City of Boston Funds,
DHCD and deferred developer fee
• All 30 units range from 30%-70% AMI