In a ceremony that included speeches from recently re-elected Quincy Mayor Thomas P. Koch and Asian Community Development Corporation Board President Michael Tow, thirty-four new affordable housing units were opened in Quincy at 6 Fort Street.
The complex, which has been restored from a predominantly vacant and disinvested building, features some 42,000 square feet of residential space and roughly 1,000 square feet of community space. The building includes 63 parking spaces and incorporates around 8,000 square feet of outdoor recreational space.
Unlike many developments in the state that have stalled or been delayed due to the tough economy, 6 Fort Street was a relatively smooth process, according to Tow.
“This was a relatively quick [development],” said Tow, in a phone interview. “It only took three or four years.”
Seven units, or 24 percent of the total, are one-bedroom apartments. The majority of the building is made up of two-bedroom apartments, which make up 59 percent of the total (21 units). The remaining six units are three-bedroom apartments.
According to Tow, the need for affordable housing in areas outside of Chinatown has been a hot-button issue for the last few years in the Asian American community, and this development in Quincy is how the ACDC is fulfilling its mission to build affordable housing where there is a need – as the community expands into areas like Quincy and Malden.
The newly renovated building, which underwent careful rehabilitation utilizing green design techniques, is situated within a mile of Quincy Center Station and is only minutes from a large supermarket, making it an attractive location for those looking to move into the Quincy area. However, the income guidelines for applicants were as follows:
- 27 Units (80% of building) had to have a household income of between $30,000 and $60,000.
- 7 Unit (20% of building) had to have a household income not more than $30,000.
“It was a lottery to decide which of the applicants were accepted,” said Tow, discussing how the pool of more than several hundred applicants was narrowed down to just 34.