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rlington, Mass.—The town has secured $5.85 million to fund an affordable‑housing project led by the Housing Corporation of Arlington (HCA). The initiative will add 92 deed‑restricted units at three sites on Massachusetts Avenue and Newman Way.
Funding comes from a $3.5 million grant from the MBTA Communities Catalyst Fund Program and $2.35 million from the Arlington Affordable Housing Trust (AHT).
HCA’s purchase, closed September 18, includes 840 and 846 Massachusetts Avenue—two apartment buildings with 57 units—and a two‑family property at 17 Newman Way.
HCA Executive Director Erica Schwarz said the grant lets the organization buy the properties and convert them to deed‑restricted housing, expanding the affordable inventory.
Under the agreement, HCA will initially deed‑restrict 10 units—eight at 60 % Area Median Income (AMI) and two at 100 % AMI—for tenants, with a plan to deed‑restrict most units to residents earning 60 % AMI or less within five years.
Public outreach will begin as HCA submits its Site Plan Review to the Arlington Redevelopment Board. Visit arlingtonma.gov/affordablehousing for more information.