Developers with ties to Habitat for Humanity plan to invest an estimated $8 million to convert seven former Catholic parish properties, including Our Lady of the Assumption Church on Broadway, into loft-style condos for first-time home buyers.
John Judge and Tom Truong plan to remake the closed Catholic church, two schools, three convents, and a rectory into 60 to 80 units to be sold at market-rate prices, with the average unit costing $240,000, they said. “We’re interested in affordable home ownership,” said Judge, 38, a former executive director of Habitat for Humanity Greater Boston, standing inside the empty church. “That is the philosophy driving this whole project.”
(The project is not being built by Habitat for Humanity nor is it affiliated with that organization.)
Complete article: Condos set for former church property – by Kathy McCabe, The Boston Globe