HOUSING DEVELOPMENT INCENTIVE PROGRAM (HDIP)
FISCAL YEAR 2021 REPORT
Pursuant to General Laws Chapter 40V, Section 4, this report includes the Executive Office
of Housing and Livable Community’s (EOHLC) findings of its review of all certified housing
development projects evaluated in fiscal year 2021 (FY2021).
A. HDIP Projects Evaluated in FY2021 and Located in Municipalities with Approved
HD Zones
During FY2021 (July 1, 2020, through June 30, 2021), EOHLC evaluated HDIP projects in the
following municipalities with approved HD zones:
Haverhill
Fitchburg
Leominster
Lawrence
Barnstable
Brockton
Pittsfield
Lowell
B. Project-Specific Information of HDIP Projects That Received Certification in
FY2021
For project-specific information, please refer to the attached spreadsheet.
 Housing Development Incentive Program
(HDIP)
FY21 Statutory Report
# of
Total # of Total # of Affordable Anticipated Anticipated
Market Affordable # of For-sale Total Qualified Fiscal Year in Calendar Year of
Projects That Received Total # Rate Units (60% Range of Studio # of one- # of two- # of three- Units (80% Project Which Credit Project
Certification in FY22 Location Site Address Project Sponsor of Units Units* AMI)** Rents Units*** bedrooms*** bedrooms*** bedrooms*** AMI) Expenditures Will be Issued Completion
1 Webster Building Haverhill 27 Washington Street 27 Washington Street LLC 9 9 0 $1,350-$1,990 0 5 4 0 0 $2,434,384 2022 2022
2 18 Blossom Street Fitchburg 18 Blossom Street Pelletier Properties 7 7 0 $1,700-$2,400 0 0 7 0 0 $1,602,738 2022 2022
3 41 Summer Street Leominster 41 Summer Street Couger Capital 21 21 0 $950-$1,600 21 0 0 0 0 $2,896,659 2023 2022
4 Riverwalk West Lawrence 250 Riverwalk Lupoli Companies 66 66 0 $1,850-$2,900 39 16 11 0 0 $23,249,759 2023 2023
5 Captain Bearse's Village Barnstable 39 Pearl Street Jacob Dewey 9 9 0 $2,000 0 0 9 0 0 $2,544,537 2023 2023
6 19-31 Main Street Brockton 19-31 Main Street One Nine Residences LLC 20 20 0 $1,600-$2,095 0 10 10 0 0 $5,947,186 2023 2023
7 765 Tyler Street Pittsfield 765 Tyler Street Mill Town Capital 16 16 0 $1,350-$1,675 4 8 4 0 0 $4,238,113 2023 2023
8 730 Tyler Street Pittsfield 730 Tyler Street Mill Town Capital 20 20 0 $1,450-$1,800 0 10 10 0 0 $6,065,489 2023 2023
9 160 Middlesex Street Lowell 160 Middlesex Street Nine Zero Development 24 24 0 $1,575-$1,975 20 4 0 0 0 $4,887,974 2024 2023
10 127 Centre Street Brockton 127 Centre Street 127 Centre Corner LLC 40 40 0 $1,700-$1,900 0 32 8 0 0 $10,700,000 2025 2024
Total 232 232 0 84 85 63 0 0
* At least 80% of total units must be market rate by statute
** Development of affordable units is not required by statute; affordable units typically are available to households earning at or less than 60% of AMI
*** Statute does not require certain number of bedrooms