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This long-vacant New Bedford building is getting $100,000 in city funds to build housing
This long-vacant New Bedford building is getting $100,000 in city funds to build housing

Yahoo

time27-03-2025

  • Business
  • Yahoo

This long-vacant New Bedford building is getting $100,000 in city funds to build housing

NEW BEDFORD — The former Jerry's Dessert and food shop at 105 Ashley Blvd., vacant for many years, got a preliminary OK for $100,000 in city Community Preservation money to develop nine affordable apartments. The City Council Finance Committee unanimously approved the funding this week. It will still need full council approval when the board meets April 10. Jan da Silva, Community Preservation Committee chair, told city councilors the developer plans on larger, family-style apartments of two to three bedrooms. It's not far from the train station, she added. Two of the units will be ADA-accessible. Transit-oriented development: New Bedford could allow taller, denser buildings near commuter rail station Councilor Maria Giesta said she liked that the apartments were larger, accommodating families. 'That's very much needed in our city right now,' she said. The developer is Green Miles Properties, owned by Audley Bodden. According to the project application, the new apartments will be targeted for households between 60% and 100% of Area Median Income. According the U.S. Census Bureau, the median household income for 2023 was $56,025. The $100,000 grant will help the developer leverage $2 million in state and private funding for the overall $3.6 million project, according to the project application. New Bedford apartments: Here are some residential developments on track for 2025 The developers will attempt to preserve as much of the current structure as possible, according to the application. An estimated timeline has construction beginning in August and being completed in December 2026. The structure was built around 1901, and the lot is 10,860 square feet. This article originally appeared on Standard-Times: Blighted New Bedford building to get $100,000 for apartment project

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