JULY 2019 NEI has announced the completion of Acadia, a 42,000 SF new affordable housing development with 34 units in Chelsea, MA. Located on the site of the former French Naturalization Club on Spencer Avenue, Acadia is the latest affordable housing project by The Neighborhood Developers (TND), a community development corporation (CDC) dedicated to building affordable homes in Chelsea, Revere and Everett. NEI General Contracting has constructed over a dozen buildings for The Neighborhood Developers.
Located only one block from Chelsea’s four elementary schools, and one block from major bus lines on Broadway, the building includes a community room, common laundry, on-site parking for all 34 homes, central air conditioning, and new landscaping and public way improvements along Spencer Avenue to benefit residents and community members alike.
“We have worked with NEI General Contracting since 2006, and we have developed a true partnership with them,” said Rafael Mares, Executive Director for The Neighborhood Developers. “We share a common dedication to developing affordable housing to promote economic mobility, opportunity, and quality of life in our communities. We are certain our new residents will be pleased by the quality design and construction of their new homes at Acadia.”
The development includes eight units of supportive housing designated for formerly homeless families, meeting a critical need in the region. These homes will serve families who are living in shelters, who have lost their homes and are in other temporary housing, or families in imminent risk of losing their housing.
