Latest Press

10.28.2019

On WBZ: Mayor Walsh Speaks At Ribbon Cutting For Roxbury Apartment Complex

BOSTON (WBZ NewsRadio) — A ribbon-cutting ceremony was held in Roxbury on Saturday for the newest apartment complex by the Madison Park Development Corporation, which builds affording housing for low-income applicants. Boston Mayor Marty Walsh, along with several other local lawmakers, spoke at the event.

10.08.2019

On WBUR: Boston’s Public Housing Goes Private: Why The City Is Teaming Up With Developers

Why Team Up With Private Companies? A lack of federal funding has changed the way the BHA operates, says Kate Bennett, the agency’s senior deputy administrator for redevelopment projects.

09.30.2019

On Universal Hub: 20 affordable condos proposed for Dudley Square

The Madison Park Development Corp. this week filed plans with the BPDA to use both land it owns and a city-owned vacant lot for a four-story, 20-unit condo building at 75 Dudley St., at Guild Row – next to another condo building it is currently constructing.

07.19.2019

In New England Real Estate Journal: MassHousing closed on $32.8m financing to to the Madison Park Development Corp. for 131-unit Haynes House

MassHousing has closed on a total of $32.8 million in affordable housing financing to the Madison Park Development Corp. (MPDC), for the preservation of affordability and property rehabilitation at the 131-unit Haynes House, located at located at 735 Shawmut Ave. The MassHousing refinancing will extend affordability for households with a range of incomes in perpetuity, following the expiration of previous affordability restrictions with the maturation of the property’s former Section 13A mortgage in 2017.