120-122 Hancock Residential
Neighborhood
Councilor
Units Total
Income-Restricted Units
Property Size
Developer
Urbanica, Inc.
Project Goals
The proposed project will total fifteen (15) units and involve two (2) buildings with fifteen (15) affordable homeownership opportunities. The affordability mix will include eight (8) Middle-Income Sales and seven (7) Moderate-Income Sales. DND determined Moderate Income sales prices (up to 80% AMI) are $182,100 for a 1-bedroom unit and $217,000 for a 2-bedroom unit. Middle-Income sales prices (up to 100% AMI) are set as $243,200 for a 1-bedroom unit and $281,600,000 for a 2-bedroom unit.
Timeline
Summer 2019
Community Feedback
We’re meeting with community members to gather feedback on plans for the site.
Jul 24 2018
Winter 2019
Developer Selection
We’ll release a Request for Proposals and select a developer for this site.
Jan 28, 2019
Request for Proposals (RFP) Opened for Bidding
Jan 30 2019
Mar 07 2019
Mar 07 2019
May 23 2019
Summer 2020
City Planning
This project is going through a zoning review with the Boston Planning and Development Agency (BPDA). Then we’ll work with the Developer on funding, design, and compliance.
Summer 2023
Under Construction
Construction is underway. For further information on road closures and parking impact, contact the Project Manager.
Project Complete
Housing
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Julio Pilier, Project Manager
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