A developer of an approved project at 3326 Washington St. wants to decrease the amount of affordable units, citing lending requirements and high construction costs.
The 5-story project was approved for 43 rental residential units, with 10 units being affordable at 70% AMI (area median income). Eldev Washington LLC bought the project from the original developer, and filed a plan to alter the number of affordable units with the Boston Planning Department back in October 2025.
The developer from Wellesley “…proposes maintaining 10 units in the affordability program and
adjusting the type of affordable unit or AMI. The Proponent proposes to offer four of the units…