Boston Housing Authority Selects Affordable Housing Pioneer IBA – Inquilinos Boricuas en Acción for West Newton/Rutland Revitalization Project
Boston, MA – December 04, 2015 – (RealEstateRama) — The Boston Housing Authority (BHA) announced today that it has selected affordable housing non-profit IBA – Inquilinos Boricuas en Acción as the developer for its West Newton/Rutland Streets properties, which includes the revitalization of 146 units in the public housing site in Boston’s historic South End.
IBA will now lead the redevelopment of 24 historic brick townhouses, containing existing units of federally subsidized housing, along West Newton and Rutland Streets. As part of the goal, IBA will carry out this project while protecting current residents from displacement and preserving affordability for extremely low-income households over the long term.
The BHA issued a Request for Proposals (RFP) for the redevelopment of West Newton/Rutland public housing as a next step in resident and community process as part of a larger goal in preserving affordable housing the city. It comes at a time when the BHA is looking to upgrade and make sustainable affordable housing communities amidst historic federal budget cuts, and Mayor Walsh has placed high importance on an increase in the city’s affordable housing with his housing initiative, Housing a Changing City: Boston 2030. IBA’s plan was one of three proposals that the BHA received in response to its RFP, and one of the only CDCs to put out a bid against for-profit competitors
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