The Asian Community Development Corporation and One Greenway featured in Affordable Housing News

The Asian Community Development Corporation (ACDC) is featured in the Summer 2017 edition of AFN – Affordable Housing News.

The article, “Building for High Demand – Nonprofit Organization Works to Build, Preserve Affordable Housing in Boston,” highlights ACDC’s work at One Greenway (formerly Parcel 24), and their success including market-rate components in new mixed-income housing developments in the Chinatown neighborhood of Boston.

“In Boston’s Chinatown community, many long-time residents are being displaced from their homes as housing costs continue to rise. In response to the problem, ACDC is working to create additional affordable housing in the neighborhood as the company strives to provide stability for local families.”

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The Asian Community Development Corporation works to build healthy, vibrant neighborhoods. Since 1987, ACDC has created and preserved over 400 affordable homes in Chinatown and the Greater Boston area. ACDC works with the community to provide programs that empower residents, preserve culture, welcome new immigrants, and strengthen the Asian American community.
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One Greenway is a new mixed-income housing development at Parcel 24 in Chinatown. The second phase of construction is under way on the south side of the parcel, and more than 50 new affordable condominiums will be available upon completion. Sign up for BPDA and DND affordable housing announcements at
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66 Hudson at One Greenway offers 95 affordable apartment rentals, a combination of 1-BR, 2-BR, and 3-BR units located in the north building of the development.
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Maloney Properties Real Estate specializes in Boston Planning & Development Agency (BPDA) and Department of Neighborhood Development (DND) affordable sales and rentals. BRA and DND affordable housing provides great affordable housing opportunities in Boston. We have sold and rented thousands of BRA & DND housing units for over 20 years.
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Maloney Properties is a strategic partner in the creation of vibrant, successful communities. Managing over 8,500 units of housing in Boston and across New England, MPI’s property management services are consistently awarded high praise from clients, residents, and the industry. Our core values include a proud commitment to community and high quality affordable housing.