Housing Headlines

ROXBURY --- Saige on the Fountain, a new affordable housing development at 25 Fountain St., is focused on homeownership as a way to build generational wealth. The building’s 40 condos are all income-restricted. “Homeownership is a pathway to generational wealth. But for many families, the path has been a dead end,” Ed Augustus, secretary of the Executive Office of Housing and Livable Communities, said at a ribbon cutting for the development.

BOSTON --- Our Lady’s Guild House, a rooming house in Boston’s Fenway, has been sold for $14 million to a pair of nonprofit developers who intend to renovate the brick building and preserve permanent affordable housing there. The Attorney General’s office earlier this year confirmed that all 140 rooms would be preserved as deed-restricted affordable housing.

BROOKLINE --- Two housing advocacy groups have reached agreement on a compliance plan for the MBTA Communities Act. The agreement builds on a “consensus plan” put forward by Brookline town staff which would rezone Harvard Street to make it easier for developers to build multifamily housing in buildings as tall as four stories. There is still a long road to passage, and final approval rests with Town Meeting members who would need to approve the measure by a two-thirds vote next month.

SOMERVILLE --- Mark Development, a Newton- and New York-based developer, has purchased the former Star Market, plans to demolish it and replace it with two six-story buildings. The development will include 288 units of rental housing — 132 of them affordable — along with ground-level retail. The supermarket in Somerville’s Winter Hill neighborhood, has stood vacant for nearly two decades.

Worcester --- Worcester Housing Authority is seeking federal funding for redevelopment of the Lakeside Apartments complex at a cost of at least $260 million. The complex currently has 202 units. Proposed changes include increasing the capacity to 328 affordable units, while also having 28 home ownership units. Funding applications have been sent to the Department of Housing and Urban Development.

WAREHAM --- Construction has begun on 93 new family and senior apartments. One-, two- and three-bedroom affordable and workforce apartments will be available at various income tiers. A housing lottery will be conducted, Pennrose is the developer. Completion is slated for summer 2024.