{"id":5807,"date":"2016-11-22T11:00:22","date_gmt":"2016-11-22T16:00:22","guid":{"rendered":"https:\/\/www.consigli.com\/?p=5807"},"modified":"2020-12-09T11:05:49","modified_gmt":"2020-12-09T16:05:49","slug":"consigli-joins-mayor-walsh-and-chinatown-community-to-celebrate-the-grand-opening-of-oxford-ping-on","status":"publish","type":"post","link":"https:\/\/www.consigli.com\/consigli-joins-mayor-walsh-and-chinatown-community-to-celebrate-the-grand-opening-of-oxford-ping-on\/","title":{"rendered":"Consigli Joins Mayor Walsh and Chinatown Community to Celebrate the Grand Opening of Oxford Ping On"},"content":{"rendered":"
<\/i>BOSTON, MA –\u00a0<\/strong>\u00a0Mayor Martin J. Walsh today joined the Chinese Economic Development Council, Inc., Chia-Ming Sze Architect Inc., Consigli Construction Co., Inc., Eastern Bank, local and state officials and Chinatown residents to celebrate the grand opening of Oxford Ping On, a new, 60,000-square-foot affordable rental housing development on Oxford Street in Chinatown. The $26.7 million project developed by the Chinese Economic Development Council, Inc. (CEDC) \u00a0created 67 affordable rental apartments for Chinatown\u2019s low-income population. The construction project also generated more than 100 construction jobs. <\/span><\/p>\n \u201cI am proud that the City of Boston\u2019s commitment to this project has helped create 67 new homes — homes that will help ensure that the people who help make Chinatown the thriving, vibrant neighborhood it is will be able to stay in their community,\u201d said Mayor Walsh. \u201cBoston is lucky to have the exemplary team of builders, designers, and partners who worked so closely with the Chinese Economic Development Council to create more affordable housing for working people in Chinatown.\u201d<\/span><\/p>\n Located<\/span> in the Boston Empowerment Zone, adjacent to the Midtown Cultural District<\/span> on the site of a former parking lot, Oxford Ping On takes its name from the intersection of Oxford Street and Ping On Alley where it is located. The 11-story building features 48 studio apartments, 16 one-bedroom apartments and three two-bedroom apartments. The units are geared toward those earning no more than 30 to 60 percent of the area\u2019s median income and will provide a vital housing resource in the neighborhood.<\/span> Surface parking is located directly across Ping On Street.<\/span><\/p>\n \u201cThis beautiful building is a great example of what affordable housing can be in the City of Boston,\u201d said Matthew Consigli, President of Consigli Construction. \u201cBecause we believe in the efforts of Mayor Walsh to increase the amount of affordable, workforce development housing throughout Boston, we\u2019re honored to have built this new home for the Chinatown community.\u201d<\/span><\/p>\n Funding for the more than $26M rental housing development was made possible in part through a variety of funding sources, including more than $2M from the City of Boston’s Department of Neighborhood Development\u2019s Leading the Way Fund and the Neighborhood Housing Trust Fund. Additionally, the project received Federal and State Tax Credits, and Massachusetts Department of Housing and Community Development contributed a more than $3.7M in funding.<\/span><\/p>\n In accordance with the City of Boston\u2019s Green Affordable Housing Program, the building utilized several green building design techniques, earning it the distinction of being LEED-Homes Silver certified by the U.S. Green Building Council. The project also meets the U.S. Environmental Protection Agency\u2019s <\/span>Energy Star<\/span><\/i> standards.<\/span><\/p>\n \u201cI believe this sets a great example for this administration\u2019s intent and goal \u2013 to create more affordable housing for the City of Boston,\u201d said Ed Chiang, CEDC\u2019s Chairman of the Board. \u201cAnd that has also been CEDC\u2019s mission for the last 42 years \u2013 to assist the Asian-American community to become self-sufficient through affordable housing, economic development and job training.\u201d<\/span><\/p>\n","protected":false},"excerpt":{"rendered":" BOSTON, MA –\u00a0\u00a0Mayor Martin J. Walsh today joined the Chinese Economic Development Council, Inc., Chia-Ming Sze Architect Inc., Consigli Construction Co., Inc., Eastern Bank, local and state officials and Chinatown residents to celebrate the grand opening of Oxford Ping On, a new, 60,000-square-foot affordable rental housing development on Oxford Street<\/p>\n","protected":false},"author":2,"featured_media":7738,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[3],"tags":[],"class_list":["post-5807","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"aioseo_notices":[],"yoast_head":"\n