Stevenson Square project in Soundview will bring 1,000 affordable homes
The buildings will have common rooms, fitness centers, laundry and rooftops.
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Camber Property Group is building three affordable housing buildings on what used to be underutilized land, now given a purpose.
It’s called Stevenson Square, and the complex will have one building with 117 affordable units to rent for older adults 62 and up, and another two buildings with 58 co-ops for affordable homeownership. The buildings will have common rooms, fitness centers, laundry and rooftops.
Older adults looking to rent will have to earn 60% of the area median income.
The co-ops available to purchase will range from about $145,000 to $265,000.
Housing lotteries will be opening up this spring, and Camber Property Group expects residents to move in by the end of the year.
Once the three buildings are complete, three new ones will go up. The finished project will feature six affordable housing buildings with about 1,000 units.
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