FOR IMMEDIATE RELEASE
Urban Edge Receives $27,000 Brownfields Redevelopment Grant from MassDevelopment for Holtzer Park Development
Boston, Mass. (January 28, 2020) – Urban Edge Housing Corporation announced that it has received a $27,000 award from the Brownfields Redevelopment Fund, which is overseen by MassDevelopment. The award will be used for environmental site assessment at the Holtzer Park development in the Jamaica Plain neighborhood of Boston.
“Thank you to the Baker-Polito Administration and MassDevelopment for this award, which is an important step in the process of building new affordable units in the neighborhood,” said Emilio Dorcely, Urban Edge’s Chief Executive Officer. “The assessment will help us continue to address any challenges associated with this site, which was once a manufacturing facility, and ensure that more families have access to much-needed housing in Boston.”
Holtzer Park is a part of the redevelopment plan at 125 Amory Street in Jackson Square. In November 2015, the Boston Housing Authority designated Urban Edge, The Community Builders (TCB), and Jamaica Plain Neighborhood Development Corporation (JPNDC) as the developers of the 6-acre 125 Amory Street site. Holtzer Park is one of the new buildings proposed for the site and will bring 62 new affordable rental homes to the neighborhood. The project is named for the Holtzer-Cabot Electric Company, which manufactured electric motors and other parts on the site in the 20th century. The total cost of the project is estimated to be $28 million. The project has also received public funding support from the Massachusetts Department of Housing and Community Development and the City of Boston.
About Urban Edge
For45 years, Urban Edge has offered a range of innovative programs that help low and moderate income families in and around Boston become economically resilient, establish homeownership, and access needed community resources. Throughout its history, the organization has developed nearly 1,500 affordable homes, making it one of Boston’s largest nonprofit developers of affordable housing. Most recently, the agency has been a prime mover in the redevelopment of the Jackson Square neighborhood, creating new affordable housing and commercial space along eight acres of land that border Roxbury and Jamaica Plain. For more information on Urban Edge, visit http://www.urbanedge.org.