The BRA board today approved a proposed 40-unit condo project at Washington Street and Montebello Road that will include seven condos sold at below-market costs - and commercial space that will also be offered at below market rates.
Developers say both types of affordable units will help JP with its pressing affordability and jobs issues. City requirements called for 13% affordable housing units - the seven represents 17.5%. Developers acknowledged neighborhood groups wanted at least 25% affordable units but said there was no way they could do that and still make any money.
Separately, the BRA board also approved construction of 44 affordable apartments at 25 Amory St. and 100 apartments - 28 of them affordable - at 250 Centre St., both in Jamaica Plain.