News: Owners Developers & Managers

Peabody Properties’ Harmon Apartments in Dorchester, MA wins NAHMA Vanguard Award for New Construction

Dorchester, MA According to full service real estate and property management firm Peabody Properties, Harmon Apartments has been named recipient of the Vanguard Award for New Construction by the National Affordable Housing Management Association (NAHMA).

The Vanguard Awards recognize newly developed or significantly rehabbed affordable multifamily housing communities that showcase high-quality design and resourceful financing.

Harmon Apartments was inspired by Cordelia Harmon, who founded The Boston Home (TBH) in 1881, a one-of-a-kind community serving adults with advanced multiple sclerosis and similar progressive neurological diseases. In 2013, knowing that a need existed for supportive affordable housing for people with progressive diseases and mobility impairments, TBH initiated the effort to build Harmon Apartments, an affordable and fully accessible apartment building for adults with disabilities in the city. The $18.13 million development utilized state and federal Low-Income Housing Tax Credit equity. The project was completed on time and within budget.

In May 2019, Harmon Apartments opened its doors with 36 apartments. Located on The Boston Home campus, the innovative community expands the programs developed by The Boston Home, supplying integrated technology and supportive services to residents.

Providing a range of on-site programs and services, including services sponsored by The Greater New England Chapter of the National Multiple Sclerosis Society, Harmon Apartments boasts open-concept living with accessible design features.

Winners of the Affordable Housing Vanguard Awards were recognized at an awards ceremony at the NAHMA Biannual Top Issues in Affordable Housing 2021 Fall Conference in October in Washington, D.C.

“It is an honor to receive this prestigious award from NAHMA and a true testament to what can be achieved through collaboration,” said Melissa Fish-Crane, principal and COO of Peabody Properties.

MORE FROM Owners Developers & Managers

Colwen Hotels celebrates opening of the first hotel in Portland’s Thompson’s Point - Residence Inn by Marriott and Moxy Hotel

Portland, ME Colwen Hotels celebrated the opening of Residence Inn by Marriott and Moxy Hotel Portland Thompson’s Point, the first hotel in the city’s Thompson’s Point district. Developed by XSS Hotels and managed by Colwen Hotels, the five-story, dual-branded property introduces 148 guestrooms to one of southern Maine’s fastest-growing waterfront destinations.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
The legislature has spoken:  New Hampshire doubles down on housing in commercial zones - by John Sokul

The legislature has spoken: New Hampshire doubles down on housing in commercial zones - by John Sokul

Last year, the New Hampshire Legislature enacted HB 631, a landmark housing measure requiring municipalities to permit multifamily housing in commercially zoned districts. The law generated