Cote Village Closes on $22.6M in MassHousing Financing
Maloney Properties selected as Leasing Agent and Managing Agent for the $33M Cote Village development in Mattapan
The Planning Office for Urban Affairs and Caribbean Integration Community Development (CICD) will be creating 76 units of new affordable housing on a long-standing vacant property at the corner of Cummins Highways and Regis Road in the Mattapan community of Boston. Once home to the Cote Ford dealership, construction has started on this mixed-income housing community including over 4,000 square feet of ground level commercial space and a 12,000 square foot public plaza with 84 parking spaces. Of the 76 residential units, 17 will be one-bedroom apartments, 47 will be two-bedroom apartments and 12 will be three-bedroom apartments.
“The City of Boston has an unprecedented need for more affordable housing and this development is an important milestone for the community of Mattapan. Local leaders and residents worked together for years to turn a blighted site into an opportunity for working families and individuals.”—Janet Frazier, President and CEO of Maloney
To read more about Cote Village and MassHousing’s closing on $22.6MM in financing, visit MassHousing.org.
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