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$20M Transformation Provides New Rental Housing for Families in Dorchester. August 10, 2009 - (RealEstateRama) -- Mayor Thomas M. Menino and Department of Neighborhood Development (DND) Director Evelyn Friedman today joined the Dorchester Bay Economic Development Corporation (DBEDC), the Dudley Street Neighborhood Initiative (DSNI), and community members to celebrate the grand opening of Dudley Village Homes in Dorchester. In total, the project brings 50 much-needed affordable rental units for low-income residents in the Dudley Street Neighborhood Initiative (DSNI) core area. Mayor Menino said this five-building $20 million transformation of Dudley Street was made possible in part by a DND contribution of more than $2 million, and is subject to a 99-year land lease agreement with DSNI.