Foxboro Housing Authority

The Foxboro Housing Authority (FHA) accepted a vacant parcel of state land for affordable housing but did not have the capacity to develop the parcel. MassDevelopment’s consultant developed an RFP to find a qualified developer and assisted FHA in their selection of a development team. The new Walnut Street development will consist of two hundred senior housing units developed in two phases. All units will be affordable (below 80% of AMI with deeper income targeting below 60%, 50%, and 30% of AMI.) Overall, private investment is estimated to be $47 million.