Dorchester Bay was founded with the explicit intent of addressing the shortage of quality affordable housing in Upham’s Corner and the surrounding neighborhoods. Over the last 35 years, we have helped to stabilize the local housing market by acquiring existing housing in poor repair or at risk becoming unaffordable, and by adding high quality affordable homes through new construction. Frequently, we have partnered with neighboring non-profits or tenant organizations to maximize our impact and meet urgent resident-driven needs. We are proud of a history that includes opportunities both rent and own for individuals and families with limited options to stay and grow in Dorchester. Moving forward, we are incorporating a new focus on moderately-priced housing in with our long-term commitment to deeply affordable housing. We hope that this new housing, affordable to middle-income families, will keep our communities affordable to all in the face of a growing trend of high end housing squeezing residents out of our neighborhoods.
Dorchester Bay’s homeownership programs have allowed us to address two important issues at the same time, both of which have created important opportunity in our neighborhoods. Many of our homeownership endeavors have involved transforming abandoned houses or properties at-risk of foreclosure into new, marketable homes. In these transformations, we have very literally changed the face of properties and often blocks throughout Dorchester. By selling these properties to community members who might not otherwise have the important wealth-building opportunity of homeownership, we have also helped changed the possibilities for the homeowners who have purchased these homes. Dorchester Bay as built more than 200 of these opportunities through our homeownership programs. . Read more about our homeownership units in our Real Estate Portfolio.