By Anthony Silva, WBZ NewsRadio 1030 New England Business Editor

BOSTON (CBS) – A massive plan to redevelop a portion of Centre Street in Jamaica Plain took its first major step forward.

MassHousing announced its decision to provide more than $31 million in loans to create the Jackson Square affordable housing development, with more than 100 apartments.

MassHousing Executive Director Tom Gleason says other funding sources are coming through as well.

The project is the first phase of a planned $250 million Jackson Square community with a total of 10 new buildings.

WBZ NewsRadio 1030’s Anthony Silva reports

Comments (3)
  1. Joan Hogan says:

    I Am Pleased that The Low Income and Moderate Income Tenants will have a chance of Affordable Housing. JamaicaPlain Has Transformed Into Expensive Condos, Which Have Caused Displacement Of Individuals And Families. The Sumner Hill House Is a prime Example of The Condo Conversion process That Displaced Many People, InAdddition to causing serious Health Concerns From the
    Indoor AirQuality, which was Mold In The HVAC Systems throughout The Building.

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