THE LOOP AT MATTAPAN STATION
The Loop at Mattapan Station in Boston, MA won a 2023 Charles L. Edson Tax Credit Excellence Award in the Large Metropolitan Area category.
The Loop at Mattapan Station provides 135 affordable rental homes to low- and moderate-income residents in Boston. The property was co-developed by Preservation of Affordable Housing and Nuestra Comunidad Development Corporation and financed through direct investment from Bank of America. The Loop features a variety of resident services on-site, including after school education, financial literary classes, health care and mental or behavioral health services, and peer support groups. The building also includes 10,000 square feet of first floor retail space, half of which is dedicated to the Daily Table, a nonprofit grocer that provides high-quality, affordable, and healthy food.
The design of The Loop highlights the Neponset River Greenway and creates an access point for the neighborhood and community. Given the proximity to multiple transportation options, this project offers a critical opportunity for equitable transit-oriented development for a neighborhood of Boston that has not benefited from development of this scale in decades.
Statement from U.S. Senator Ed Markey (D-MA)
“Together, we have a moral obligation to ensure every person – no matter their race, gender, income, age, or zip code – has a safe and affordable place to live,” said Senator Edward J. Markey (D-Mass.). “That’s why I am proud to celebrate these two award-winning projects, the Loop at Mattapan Station and Mary Stone Apartments, which will provide 135 affordable homes in Boston and 45 affordable homes in Auburn. These projects reverse historic housing inequity, reinvesting in communities across our Commonwealth so that generations to come will have a place that they can call home.”