News: Owners Developers & Managers
Posted: November 5, 2021
Peabody Properties’ Harmon Apartments in Dorchester, MA wins NAHMA Vanguard Award for New Construction
Dorchester, MA According to full service real estate and property management firm Peabody Properties, Harmon Apartments has been named recipient of the Vanguard Award for New Construction by the National Affordable Housing Management Association (NAHMA).
The Vanguard Awards recognize newly developed or significantly rehabbed affordable multifamily housing communities that showcase high-quality design and resourceful financing.
Harmon Apartments was inspired by Cordelia Harmon, who founded The Boston Home (TBH) in 1881, a one-of-a-kind community serving adults with advanced multiple sclerosis and similar progressive neurological diseases. In 2013, knowing that a need existed for supportive affordable housing for people with progressive diseases and mobility impairments, TBH initiated the effort to build Harmon Apartments, an affordable and fully accessible apartment building for adults with disabilities in the city. The $18.13 million development utilized state and federal Low-Income Housing Tax Credit equity. The project was completed on time and within budget.
In May 2019, Harmon Apartments opened its doors with 36 apartments. Located on The Boston Home campus, the innovative community expands the programs developed by The Boston Home, supplying integrated technology and supportive services to residents.
Providing a range of on-site programs and services, including services sponsored by The Greater New England Chapter of the National Multiple Sclerosis Society, Harmon Apartments boasts open-concept living with accessible design features.
Winners of the Affordable Housing Vanguard Awards were recognized at an awards ceremony at the NAHMA Biannual Top Issues in Affordable Housing 2021 Fall Conference in October in Washington, D.C.
“It is an honor to receive this prestigious award from NAHMA and a true testament to what can be achieved through collaboration,” said Melissa Fish-Crane, principal and COO of Peabody Properties.
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