MassHousing, Preservation of Affordable Housing (POAH), and City of Boston Announce Closing of $36.5 Million in Financing for the Loop at Mattapan Station, a New Transit-Oriented, Mixed-Income Housing Community

MassHousing, the non-profit Preservation of Affordable Housing (POAH), and the City of Boston announced the closing of $36.5 million in MassHousing affordable housing financing for the development of the 135-unit The Loop Mattapan Station, a new affordable and workforce housing community in Mattapan Square. 

POAH is developing the Loop at Mattapan Station on an underutilized MBTA parking lot adjacent to the Mattapan trolley line station. The 135 apartment homes and 10,000 square feet of first-floor retail space will be contained in a six-story building and constructed using the latest passive house energy efficiency standards. All 135 apartment homes will be deed-restricted and affordable to households across a broad range of incomes, from very low-income residents to moderate-income families, and will include 30 new workforce housing units.