Walker Park Apartments
Update
10/28/17
49 affordable housing units break ground in Egleston Square
Urban Edge broke ground Saturday (October 28th) on Walker Park, a two-building development that will provide Egleston Square with 49 affordable apartment residences. The development will replace a blighted building and two vacant lots with much-needed affordable housing. 41 apartments will be rented to households earning no more than 60% of Area Median Income (AMI) (40,000 to to $72,000 annually). Eight apartments will be rented to households earning no more than 30% of AMI (under $36,000 annually), including five apartments for homeless individuals and families.
Walker Park will cost $17.5 million to develop, and has received funding from the City of Boston, the State of Massachusetts, Low Income Housing Tax Credits and tax-exempt bonds. Completion of the two buildings, located at 67 and 80 Walker Park, is expected in mid-2018. Urban Edge has also proposed to construct 42 affordable apartment residences at 41-51 Walker Park, steps from the Walker Park development. The Boston Planning & Development Agency (BPDA) is currently reviewing 41-51 Walker Park.