Port Landing - 131 Harvard Street

Port Landing

Port Landing was completed in November 2016, creating twenty new units of affordable rental housing in the heart of the Port neighborhood. Originally intended to be developed as a community benefit, the site had sat vacant and underutilized for many years. Local developers Capstone Communities LLC and Hope Real Estate Enterprises LLC were able to create housing that provides opportunities for families to live close to transportation, jobs, and all the amenities of Kendall Square.

The project was completed in November 2016 and is fully occupied.

Port Landing contains twenty apartments, including three three-bedroom; thirteen two-bedroom; and four one-bedroom units.

  • Land Area: 9,999 square feet
  • Units: 20 Total - Three 3-Bedroom, Thirteen 2-Bedroom, Four 1-Bedroom
  • Parking: 16 spaces in an underground garage; indoor bike parking

Funders:

  • Cambridge Affordable Housing Trust CPA funds

  • City of Cambridge HOME funds

  • Cambridge Trust Company permanent financing

  • MassDevelopment Bond and 4% Low Income Housing Tax Credit award

  • MHIC LIHTC equity

  • DHCD HOME funds

  • DHCD Commercial Area Transit Node Housing Program (CATNHP)

  • Massachusetts State Affordable Housing Trust

  • Cambridge Housing Authority Project Based Assistance vouchers

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Port Landing is owned by Capstone Communities/Hope Enterprises and is managed by Peabody Properties. If you are interested in applying for housing at Port Landing, please contact Peabody Properties at (617) 945-7531 or by visiting their website at https://www.portlandingapts.com/.

If you are interested in other affordable rental or homeownership opportunities, please click here to learn about other City programs.