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Boston awards $28 million to a dozen housing projects

Boston awards $28 million to a dozen housing projects

BOSTON – Working toward offsetting a housing crunch that has rents soaring, the city awarded $28 million in funding to help finance more than 800 new housing units, drawing from developers' linkage fees and a mix of federal and local money, according to a statement Tuesday from Mayor Marty Walsh. The financing is expected to spur $323 million in public and private residential investments, and will create 125 units for "homeless or extremely low-income families," the statement said.

BOSTON – Working toward offsetting a housing crunch that has rents soaring, the city awarded $28 million in funding to help finance more than 800 new housing units, drawing from developers' linkage fees and a mix of federal and local money, according to a statement Tuesday from Mayor Marty Walsh. The financing is expected to spur $323 million in public and private residential investments, and will create 125 units for "homeless or extremely low-income families," the statement said.…

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