Multifamily Property Disposition Demonstration Team

Location/Contact:
Team Contact Person: Casimir Kolaski
Phone/Fax/Email: (617) 505-5102
Address: Massachussetts State Office
Thomas P. O'Neil Federal Building
Room 301 10 Causeway Street
City: Boston
State: Massachusetts
Zip Code: 02222-1092

Brief Description
This partnership enlists the assistance of the Massachusetts State Housing Finances Agency in HUD's management and sale of nearly 2,200 badly deteriorated rental housing units in Boston. The program's goals are to restore affordable, quality housing and neighborhood revitalization through the empowerment of residents and the fostering of economic development. Federal acquisition requirements have been waived to facilitate participative decision-making. Neighborhood residents will be directly involved in the process of selecting development consultants, architects and project managers, as well as the structuring and disposition of the developments. Empowered residents will form cooperatives, nonprofit corporations or general partnerships, strengthening and stabilizing the neighborhoods.

Contacts
Agency Contact: Rick Greenfield 202-708-2733
NPR Contact: Jerry Nikolaus, phone (202) 632-0150, fax (202) 632-0390, email jerry.nikolaus@npr.gsa.gov

Presentation
Date of Award: 08/02/96
Location: Boston, Massachussetts
Award Presenter: John Huang