December
6
2022
BOSTON --- The fate of low-income residents in a 147-unit Jamaica Plain apartment building continues to hang in the balance as owners and public officials try to find a refinancing solution so that approximately 85 apartments can continue to be rented to low-income households. The property - known as the Forbes Building - was built through the state's 13A program, which was created in the 1970s. Since then, many of these properties have either been refinanced or been converted to market-rate, once the affordable use restrictions have expired. The Forbes Building has been seeking a solution since 2016.