Affordable apartments

Feb

2023

Templeton Soon Will Break Ground on Its First Affordable Housing Complex

TEMPLETON ― Developers and town officials are on the last step before being able to break ground on the Baldwinville School Apartments project.

In the past three years, town officials partnered with two Massachusetts based developers, MPZ Development, LLC and Capstone Communities, LLC, in efforts to meet the demand of affordable housing in the community.

In January, developers submitted a funding assistance application to Department of Housing and Community Development for $29 million to cover the entire cost of the construction project. They should hear back from DHCD with a decision in the early summer.

Jason Korb from Capstone Communities and Mathieu Zahler from MPZ Development are the head developers of the Baldwinville School Apartment project. Both developers have been working with town officials since late 2019 to bring this housing development into the community.

Read full article here.

Aug

2022

A long-vacant South End building is getting a makeover to house veterans

By MARIE SZANISZLO | marie.szaniszlo@bostonherald.com | Boston Herald

A long-vacant South End building where a body was once found is getting a complete makeover and will be turned into five permanently affordable apartments for veterans.

The developer, Mathieu Zahler, owner of MPZ Development LLC, bid on 34 E. Springfield St. in February 2020, and the previous owner, the Boston Housing Authority, sold it to him later that year.

Read the full story online here or view a pdf version here.

BOSTON, MA – August 6: Developer Mathieu Zahler, who is rehabbing the building at 34 East Springfield St for homeless Vet housing on August 6, 2022
BOSTON, MA. (Staff Photo By Stuart Cahill/MediaNews Group/Boston Herald)

Oct

2021

Here’s what McElwain School Apartments in Bridgewater will Look Like and Cost

BRIDGEWATER — After more than 20 years of vacancy, the old McElwain School in Bridgewater is beginning to be turned into mixed-income apartments.

Capstone Communities and MPZ Development, the developers who purchased the school, broke ground on the site at 250 Main St. on Oct. 12.

The apartment complex will have 57 units, and is the first of its kind in the town of Bridgewater, offering multiple types of affordable housing options in both newly constructed and rehabilitated buildings.

Read the full story here.