From today’s Boston Globe:

Mayor Thomas M. Menino announced Friday the first affordable housing development of the South Boston – Dorchester redevelopment project.

A $47 million building will be constructed along the South Boston waterfront and is expected to be completed by next summer.

As many as 140 of the development’s 350 apartments will be set aside for low-income and working families. Residents were chosen by a lottery system and at least half were currently living in South Boston.

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