First Annual Greater Boston Affordable Housing Development Competition Awards To Be Held on April 19, 2001

Students, faculty, and developers collaborate to produce proposals

for actual sites



Apr 17, 2001, 01:00 ET from Federal Home Loan Bank of Boston

    BOSTON, April 17 /PRNewswire/ -- In January of this year, the Federal Home
 Loan Bank of Boston, in partnership with Citizens' Housing and Planning
 Association (CHAPA), launched the first affordable housing development
 competition in the Greater Boston area. The competition is designed to
 encourage students to find creative solutions to the challenges of developing
 affordable housing in the Boston area and introduce them to issues related to
 affordable housing and local organizations active in the production of such
 housing.
     The five competing teams are made up of representatives from three groups:
 students from Harvard University, MIT, Boston University, Tufts University,
 Northeastern University, and/or University of Massachusetts; faculty
 representatives from the same institutions; and area developers. The teams
 have prepared submissions for actual sites in and around the Boston area and
 address many elements critical to a real-life proposal, including a community
 outreach plan, the environmental impact of the development, the setting and
 design of the buildings, a financing plan, and a timeline for completion.
 First- and second-place winning teams will divide cash awards, sponsored by
 the Federal Home Loan Bank of Boston.
 
     What
     Affordable Housing Development Competition Awards Ceremony
 
     When
     Thursday, April 19, 2001
     * 2:00 - 4:00 p.m.: presentation of proposals
     * 4:00 - 5:00 p.m.: reception
     * 5:00 - 6:00 p.m.: awards ceremony
 
     Where
     Conference Center Atrium, One Financial Center, Boston, Massachusetts
 
     Affordable Housing Sites and Developers
     * Symmes Hospital, Arlington / Town of Arlington, Planning Department,
       Housing Division
     * Mixed-income, mixed-use housing, Grove Hall, Boston / World Class
       Housing Collaborative (Northeastern University/Housing Partners, Inc.)
     * Vacant building, Dudley Square, Boston / Nuestra Comunidad Development
       Corporation
     * Former police station, Reading / Reading Housing Authority
     * Commercial parking lots, Waltham / WATCH CDC
 
     Judges
     * Mary Lou Crane, former regional administrator, U.S. Department of
       Housing and Urban Development
     * Joseph Flatley, Massachusetts Housing Investment Corporation
     * Roger Herzog, Community Economic Development Assistance Corporation
     * Paulette Turner, Committee for Boston Public Housing
     * Richard Walker III, Federal Reserve Bank of Boston
     * Alfred Wojciechowski, Boston Society of Architects
 
     Media
     To attend or arrange interviews, please call Mark S. Zelermyer at
 617-330-9850.
 
     More information on the competition can be found at
 www.fhlbboston/compete.
 
     The Federal Home Loan Bank of Boston (www.fhlbboston.com) is a
 cooperatively owned wholesale bank for housing finance in the six New England
 states. Its mission is to support the residential-mortgage and community-
 development lending activities of its members, which are more than 450
 financial institutions across New England. CHAPA (www.chapa.org) is the
 nonprofit umbrella organization for affordable-housing and community-
 development activities throughout Massachusetts. CHAPA is the only statewide
 group which represents all interests in the housing field, including non-
 profit and for-profit developers, homeowners, tenants, bankers, real estate
 brokers, property managers, government officials, and others.
 
      CONTACT:  Mark S. Zelermyer
                617-330-9850
 
 

SOURCE Federal Home Loan Bank of Boston
    BOSTON, April 17 /PRNewswire/ -- In January of this year, the Federal Home
 Loan Bank of Boston, in partnership with Citizens' Housing and Planning
 Association (CHAPA), launched the first affordable housing development
 competition in the Greater Boston area. The competition is designed to
 encourage students to find creative solutions to the challenges of developing
 affordable housing in the Boston area and introduce them to issues related to
 affordable housing and local organizations active in the production of such
 housing.
     The five competing teams are made up of representatives from three groups:
 students from Harvard University, MIT, Boston University, Tufts University,
 Northeastern University, and/or University of Massachusetts; faculty
 representatives from the same institutions; and area developers. The teams
 have prepared submissions for actual sites in and around the Boston area and
 address many elements critical to a real-life proposal, including a community
 outreach plan, the environmental impact of the development, the setting and
 design of the buildings, a financing plan, and a timeline for completion.
 First- and second-place winning teams will divide cash awards, sponsored by
 the Federal Home Loan Bank of Boston.
 
     What
     Affordable Housing Development Competition Awards Ceremony
 
     When
     Thursday, April 19, 2001
     * 2:00 - 4:00 p.m.: presentation of proposals
     * 4:00 - 5:00 p.m.: reception
     * 5:00 - 6:00 p.m.: awards ceremony
 
     Where
     Conference Center Atrium, One Financial Center, Boston, Massachusetts
 
     Affordable Housing Sites and Developers
     * Symmes Hospital, Arlington / Town of Arlington, Planning Department,
       Housing Division
     * Mixed-income, mixed-use housing, Grove Hall, Boston / World Class
       Housing Collaborative (Northeastern University/Housing Partners, Inc.)
     * Vacant building, Dudley Square, Boston / Nuestra Comunidad Development
       Corporation
     * Former police station, Reading / Reading Housing Authority
     * Commercial parking lots, Waltham / WATCH CDC
 
     Judges
     * Mary Lou Crane, former regional administrator, U.S. Department of
       Housing and Urban Development
     * Joseph Flatley, Massachusetts Housing Investment Corporation
     * Roger Herzog, Community Economic Development Assistance Corporation
     * Paulette Turner, Committee for Boston Public Housing
     * Richard Walker III, Federal Reserve Bank of Boston
     * Alfred Wojciechowski, Boston Society of Architects
 
     Media
     To attend or arrange interviews, please call Mark S. Zelermyer at
 617-330-9850.
 
     More information on the competition can be found at
 www.fhlbboston/compete.
 
     The Federal Home Loan Bank of Boston (www.fhlbboston.com) is a
 cooperatively owned wholesale bank for housing finance in the six New England
 states. Its mission is to support the residential-mortgage and community-
 development lending activities of its members, which are more than 450
 financial institutions across New England. CHAPA (www.chapa.org) is the
 nonprofit umbrella organization for affordable-housing and community-
 development activities throughout Massachusetts. CHAPA is the only statewide
 group which represents all interests in the housing field, including non-
 profit and for-profit developers, homeowners, tenants, bankers, real estate
 brokers, property managers, government officials, and others.
 
      CONTACT:  Mark S. Zelermyer
                617-330-9850
 
 SOURCE  Federal Home Loan Bank of Boston