Affordable Housing and Services Collaborative, Inc. nears completion of Prospect Estates

Webster, MA Affordable Housing and Services Collaborative, Inc. (AHSC), a nonprofit organization that owns and develops affordable rental communities, is near completion of Prospect Estates, a 25-unit affordable housing community that is now fully leased.

Located at 10 and 41 Prospect St., both properties known as Prospect Estates were the sites of two historic former school buildings which, prior to AHSC, were owned by the Women’s Institute for Housing and Economic Development. AHSC acquired ownership in 2021, working to secure funding from EOHLC, Mass Housing, and MHIC to reposition the property and address long-term financial and physical needs of both buildings.

Construction on the occupied renovation began in 2023 with full interior reconstruction including new flooring, kitchen cabinets, countertops, appliances, bathrooms fixtures, added air conditioning, painting, interior common area upgrades, laundry rooms, exterior landscaping, paving, and security system upgrades.

The project received its Certificate of Occupancy in late August and is fully leased as of September 1st. Completion of historic window installation and electrical equipment will continue through December, with all finish work anticipated that month.

“We’re excited to see this project come to completion, adding essential affordable housing to the Webster community,” said Michael Mattos, president/executive director of Affordable Housing and Services Collaborative, Inc.