Depot Village, located in Hanson, MA near the MBTA commuter rail stop, will feature a total of 48 affordable rental units in one large building. The development will consist of 12 one-bedroom apartments, 31 two-bedroom apartments and 5 three-bedroom apartments, as well as a Clubhouse for the residents to share.
State funding for Depot Village comes as a result of Governor Baker’s announcement in July 2019 that the Commonwealth will dedicate $80 million in funding – and $38 million in tax credits for affordable housing across the state.
Funds will be administered through the Department of Housing and Community Development (DHCD) as part of the state’s initiative to preserve or create 1,349 affordable rental units in Massachusetts. This is the first family-affordable housing development in the area.
Construction at Depot Village is expected to begin in Spring 2020.