Bellingham Hill Family Homes (BHFH) is The Neighborhood Developers’ first supportive housing project and was built for the benefit of formerly homeless families. These homes specifically targets families living in shelters, families who have lost their homes and are in other temporary housing, or families in imminent risk of losing their housing. Working with Housing Families, Inc. out of Malden, MA, BHFH provides supportive case management to help the support families living at BHFH. BHFH offers a deep level of affordability in the community, offering Section 8 Project Based Vouchers for all seven units.
| Date Completed: | 2014 |
|---|---|
| Total Development Cost: | $2.4 million |
| Number of Homes: | 7 rental apartments |
| Affordability: | 7 units for <30% AMI |
| Development Consultant: | Dan Violi |
| Architect: | Resolution Architects |
| Contractor: | NEI General Contracting |
| Permanent Financing: | Boston Private Bank & Trust Company |
| Subordinate Debt: | The Commonwealth of Massachusetts Department of Housing and Community Development; Community Economic Development Corporation; and City of Chelsea |
| Predevelopment Financing: | Neighborhood Stabilization Loan Fund |
| Additional Funds: | NeighborWorks America; The Neighborhood Developers, Inc. |
| Construction Loan: | Neighborhood Stabilization Loan Fund |