The City of Boston, Fenway CDC, and Residents Celebrate Grand Opening of Burbank Terrace
Burbank Terrace Apartments opened in Boston's East Fens neighborhood, adding 27 new income-restricted apartments to the area. The project, spearheaded by the City of Boston and the Fenway Community Development Corporation, transformed a 3,500 square foot parking lot into a seven-story building with various apartment sizes. Sheila Dillon, Chief of Housing, stated that affordable housing is essential for community stability. The collaboration among public and private partners, as noted by Steven Farrell, Executive Director of Fenway CDC, was crucial to the project's success. The apartments are designed for families earning between 30% and 60% of the Area Median Income, ensuring long-term affordability.
Mayor Wu's administration has prioritized affordable housing, resulting in over 17,000 new units in three years, with nearly a third being income-restricted. Additionally, the Mayor's executive order aims to expedite approval for such developments, while also focusing on diversity in development teams. This initiative aligns with broader city efforts to enhance affordable housing through policy changes and innovative mixed-use projects.