WESTFORD — The Healey-Driscoll Administration today announced $15.3 million in Commercial Conversion Tax Credit Initiative awards to support five projects that will transform vacant or underutilized commercial properties into 856 new rental homes in Boston, Dedham, Springfield, Westford and Worcester.
Lieutenant Governor Kim Driscoll made the announcement today in Westford, where the former Westford Regency Inn & Conference Center at 219 Littleton Road will be redeveloped into 300 new rental homes, the largest project supported in this round by number of homes.
It involves the demolition of an obsolete hotel and construction of 300 rental homes, including 270 market-rate homes, within Westford’s MBTA Communities Multi-Family Overlay District. The development will include a range of resident amenities and preserve a historic barn that could be used as amenity or retail space.
The project was awarded $3-million.
“Commercial conversions can solve two challenges at once: They create homes where people want to live and help communities breathe new life into properties that have been vacant or obsolete,” said Lieutenant Governor Kim Driscoll. “As a former mayor, I know how important it is to have active buildings and more residents supporting small businesses in our downtowns. These projects will help communities turn long-standing opportunities into lasting growth.”
The Commercial Conversion Tax Credit Initiative was established through the Affordable Homes Act, which Governor Healey signed in 2024. The initiative helps transform vacant or underutilized commercial properties into residential or mixed-use developments by supporting eligible construction and substantial rehabilitation costs for projects that will be primarily residential.
This is the second round of awards through the program.
