Union at 48 Boylston Property Chosen for 2019 Novogradac Journal of Tax Credits Historic Rehabilitation Award: Residential Development That Overcame Significant Obstacles category

The Planning Office for Urban Affairs (POUA) Union at 48 Boylston property was chosen for a 2019 Novogradac Journal of Tax Credits Historic Rehabilitation Award: Residential Development That Overcame Significant Obstacles category.

The area around 48 Boylston Street has provided homes to lower-income families and ethnic groups, and support to homeless individuals for generations. Over the past several years, a number of luxury housing properties have been built. With that, there is a dramatic need to build new affordable housing for the community and permanent housing for the homeless. The rehabilitation of the former Boston Young Men’s Christian Union building located at 48 Boylston Street converted a vacant historic building into 46 units of affordable housing and approximately 12,000sf of space for St. Francis House administrative offices and commercial space that will provide opportunities for homeless individuals.

The Novogradac Journal of Tax Credits Historic Rehabilitation Awards honor outstanding achievement in the rehabilitation of historic properties by recognizing development teams for excellence in the creative use of the historic tax credit. The awards ceremony will be September 25th in St. Louis, MO at the Novogradac 2019 Historic Tax Credit Conference.

https://www.novoco.com/events/awards/2019/historic-rehabilitation-awards