East Boston Community Development was joined by Mayor Marty J. Walsh, the East Boston residents, and local elected officials to celebrate the groundbreaking for Paris Village. The new apartment building is a $14 million residential community that features 32 affordable apartments for working families in East Boston. “High quality, affordable housing for working families is the key to opportunity. Creating equitable housing like Paris Village preserves the rich character of Boston’s neighborhoods”, said Mayor Walsh. Located in one of Boston’s fastest growing neighborhoods, near restaurants and variety of arts, cultural and outdoor amenities and activities. Paris Village is also located close to the MBTA blue line, downtown Boston and Logan International Airport. The apartments will be rented to individuals who are earning at or below 60 percent of the area median income (AMI), with four of the families earning 30 percent of AMI or below. “As we see so much change in East Boston it is important that we create and preserve affordable family housing for all of the hard working residents of East Boston,” said Albert Caldarelli, President and Executive Director of the East Boston CDC. To read more about Paris Village click here.
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