Harvard Executive Vice President Meredith Weenick announced over $60 million funding for 12 projects to create and preserve affordable housing across Boston. This initiative responds to a significant housing crisis, aiming to produce 637 units of income-restricted housing. Key neighborhood developments will include 43 homeownership units and the conversion of a church into senior rental units, showcasing collaboration between Harvard and city leadership for community improvement and support for low-income families.
"We know that the housing crisis is one of the biggest sources of stress for families in our city, and that's why every action we need to take creates more housing production and ensures affordability."
"At a time when affordable housing need has never been greater, these awards are an important step forward."
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