Boston: June Mayor's Office of Housing Newsletter

~ As a journalist for the local news outlet, it is my duty to report on the latest developments in our city. Today, I am pleased to announce that the Mayor's Office of Housing has successfully preserved 43 affordable homes in Roslindale through the City's Acquisition Opportunity Program and the Boston Acquisition Fund.

Thanks to the efforts of Arx Urban and financing from the Massachusetts Housing Investment Corporation (MHIC), Parkside on Adams will now be converted into permanently affordable housing. This acquisition not only ensures long-term affordability for existing residents but also protects them from displacement.

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In addition, this property is home to Roslindale Village Main Streets, a vital community resource in the heart of Roslindale Village. The preservation of this building will help maintain this important resource for years to come.

The planned improvements for Parkside on Adams include energy-efficient upgrades and rooftop solar panels, making it a sustainable and stable community asset. This achievement is a testament to the success of ONE+Boston, which has now helped its 1,000th homebuyer achieve homeownership. We look forward to seeing more positive developments like this in our city.

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