State Awards Funds To 2 Downtown Boston Office Conversion Projects

June 5, 2025 / no comments

Gov. Maura Healey’s administration announced the state will provide millions in funding for two office-to-residential conversion projects in Boston.
The developers of the projects at 31 Milk St. and 15 Court Square have been awarded a combined $7.4M, Healey announced Wednesday. 
KS Partners was awarded $3.4M for its 80-unit redevelopment at 15 Court Square. Sixteen of those units will be income-restricted.
Dinosaur Capital Partners received $4M to build 110 units, including 22 income-restricted units, at 31 Milk St.
“Today, we’re supporting projects in downtown Boston that will turn vacant office space into hundreds of new apartments,” Healey said in a statement. “We’re making it more affordable for…

$532M In Federal Funding Could Be Cut From Homelessness Programs

June 5, 2025 / no comments

President Donald Trump’s proposed budget includes cuts to U.S. Department of Housing and Urban Development programs that advocates warn could jeopardize funding for permanent supportive housing and temporary homelessness assistance programs that are already underfunded. 
The changes would reduce the overall amount of funding available for HUD’s homeless assistance programs by $532M from the 2025 fiscal year and put hundreds of thousands of people at risk of becoming homeless again, advocates say.