INNOVATING FOR IMPACT

Discover the 2024 TCB Impact Report

New England

Since 1964, our community building began in the historic cities and towns of New England.

5,561

Homes Owned Or Managed

$2.4B

Total Investments

95%

Of Resident Families
Feel Safe At Home

3368 Washington

Jamaica Plain, MA

Supportive Housing

New England / 3368 Washington
New England / 3368 Washington

202

Homes

$112M

Investment

2023

Expected Completion

TCB has partnered with the Pine Street Inn (New England’s largest homeless services provider) to create 3368 Washington, an affordable mixed-use development in Boston’s Jamaica Plain neighborhood. 3368 Washington includes 140 supportive rental-units as well as 62 low/moderate-income residences.

Pine Street’s case management staff will be available on-site to provide resident services. In a press release, Mayor Michelle Wu said: “Once complete, these apartments will represent the largest supportive housing development in the city, delivering stable, affordable homes to those who require it most.”

A.O. Flats

Boston, MA

Mixed-Income

New England / A.O. Flats

78

Homes

$35M

Investment

2019

Completion

Urban Land Institute Jack Kemp Affordable and Workforce Housing Award

2021

Multifamily Executive Excellence in Multifamily Industry Mixed-Income Development Award

2021

Multi-Housing News Excellence Award for Affordable/Workforce Housing

2021

In February 2020, TCB announced the grand opening of A.O. Flats at Forest Hills, a transit-oriented, workforce housing development in Jamaica Plain. The energy-efficient building consists of 78 units affordable to low-income and moderate-income residents.

A.O. Flats has a Platinum level of LEED certifiability and includes 1,500 square feet of commercial space on the first floor.

Housing opportunities like this one create a stronger community and are a model for creating affordable green development all across the City of Boston, I want to thank The Community Builders, our partners, and the Forest Hills community for continuing to work with us to create this needed new affordable housing and retail space here in Jamaica Plain.”

Lyman Terrace

Holyoke, MA

Preservation

Lyman Terrace

164

Homes

$82M

Investment

2021

Completion

Affordable Housing Finance, Readers Choice Award in Public Housing Redevelopment

2021

Affordable Housing Tax Credit Coalition, Charles L. Edson Award in HUD Preservation

2021

In the early 2010s, Lyman Terrace had become functionally obsolete and needed a revitalization to effectively support its residents and the economic redevelopment of downtown. Between 2016-2021, TCB led two phases of redevelopment of Lyman Terrace. Serving as home to 164 families, the renovation of Lyman Terrace was completed in partnership with Holyoke Housing Authority.

Recognized in excellence in the U.S. Department of Urban Housing and Development Preservation category, Lyman Terrace was the recipient of two national awards: a 2021 Charles L. Edson Tax Credit Excellence Award and a 2021 Affordable Housing Finance Readers’ Choice Award.

WHERE WE WORK