Greater Boston Community Land Trust Network - Grant
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Neighborhood
Councilor
Units Total
Income-Restricted Units
Property Size
Developer
To Be Decided
Project Goals
This is a $2,000,000 Grant which will be used by Greater Boston Community Land Trust Network, convened and managed by Dudley Street Neighborhood Initiative. $1,500,000 of the grant funds will seed an Acquisition Loan Fund for GBCLTN members. The Acquisition Loan Fund will be operated in partnership with LEAF, a Community Development Financial Institution. $500,000 of the grant funds will be deployed to support activities by GBCLTN that enhance the capabilities of Community Land Trusts in Boston. In June 2030, a $430,000 increase to the grant will be utilized to stabilize and prevent the foreclosure of 29 Monadnock Street.
Timeline
Funding awarded
City Planning
This project is going through a zoning review with the Boston Planning and Development Agency (BPDA). Then we’ll work with the Developer on funding, design, and compliance.
Under Construction
Construction is underway. For further information on road closures and parking impact, contact the Project Manager.
Project Complete
This project is ready for use.