Worcester Common Ground Awarded Housing Funds

In a press release earlier today - The Patrick-Murray Administration today announced $64.5 million in affordable housing resources and tax credits directed to support the construction of 25 rental developments in 15 communities across Massachusetts. The projects will create an estimated 1,500 construction jobs, continuing the Administration's record investment in infrastructure projects that are helping Massachusetts recover from the recession faster than most states.

"I am proud to support public-private partnerships that advance construction projects across Massachusetts, put people to work and contribute to the economic vitality of our communities," said Governor Deval Patrick. "We want Massachusetts to be a place where people put down roots, raise their families and do business, and that's why expanding affordable housing opportunities remains a top priority."

"Investing in job creation and affordable housing in communities across the Commonwealth will strengthen neighborhoods and regional economies," said Lieutenant Governor Murray.

In Worcester - Austin Corridor II : Worcester Common Ground will use $338,050 in federal low-income housing tax credits and $2,169,153 in DHCD housing subsidies and will create 20 units of affordable family housing, including at least five units reserved for extremely low-income households. It is expected to create 38 jobs.

Steve Patton of Worcester Common Ground, Inc. in receiving this exciting news thanked all the people who supported the application and helped develop the proposal. “This project will be another step in the revitalization of the Piedmont neighborhood. Its’ close proximity to our other building projects over the last 20+ years will continue the positive impact on our neighborhood. In this very tough economy, we are thankful to be able to provide employment and permanently affordable housing in Worcester through this funding.”