NeighborWorks Housing Solutions (NHS; www.nhsmass.org), the leading housing service provider in southern Massachusetts, is pleased to announce receipt of a $1 million donation from First Priority Credit Union in Boston to fund the pre-development phase of a permanent supportive housing project in Quincy, Massachusetts.
The proposed 24 efficiency apartment complex, to be located at 150-156 Quincy Street in Quincy, is being co-developed by NHS and Father Bills & MainSpring (FBMS). Occupancy will be restricted to extremely low income formerly homeless individuals earning less than 30% of the area median income.
NHS and FBMS will merge existing parcels on Quincy Street to develop the project. NHS will serve as the developer for the project, while FBMS will retain ownership and act as service provider for the development once it is completed.
“We deeply appreciate the generous financial support from First Priority Credit Union for this vital project,” said Julie Lane, director of lending with Neighborhood Housing Finance Corp., a subsidiary of NeighborWorks Housing Solutions. “Their contribution to fund the project’s predevelopment phase will significantly advance our efforts to provide much needed housing and support services to the most vulnerable members of our communities.”
“This project aligns perfectly with our mission to foster community development and provide essential housing solutions for those who need it most,” said Robert Corley, CEO of NeighborWorks Housing Solutions. “We are committed to addressing the urgent need for supportive housing and helping individuals achieve stability.”
