28 Austin Street
Update
04/21/20
$1.3M In Affordable Housing Financing Finalized for 28 Austin St. in Newton
MassHousing has closed on $1.3 million in affordable workforce housing financing to Austin Street Partners LLC, for the new, 68-unit 28 Austin Street in Newton, which offers 23 workforce housing apartments for lower- and moderate-income households. The building features 33 one-bedroom apartments and 35 two-bedroom apartments along with a 90 space parking garage and amenities including a fitness center, and resident lounge.
"MassHousing was pleased to be a partner with the development team and the City of Newton in this transformative project that turned a city parking lot into a new community with 68 units of mixed-income rental housing with retail and public space," said MassHousing Executive Director Chrystal Kornegay. "We applaud the City of Newton’s commitment to housing the Commonwealth’s workforce and congratulate Dinosaur Capital Partners and Oaktree Development on a job well done."
