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Developer seeks $288,500 to convert 3‑unit house to six units at 12 Benefit St.
Summary
Project manager Charles Boikwe requested $288,500 from the Trust Fund to complete interior conversion of a boarded three‑unit building into six units; two units will be income‑restricted at 60% AMI for 30 years and one unit will be ADA‑compliant.
The project team for 12 Benefit Street asked the Affordable Housing Trust Fund on Sept. 30 for $288,500 to support conversion of an existing three‑unit dwelling into six rental units without expanding the building footprint.
“Both units will be 60% AMI,” said Charles Boikwe, the project manager; he told trustees two of the six units will be income‑restricted…
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