Hudson Valley Property Group Acquires Boston Bay and Hope Bay Affordable Housing Properties in Boston

February 10, 2026

Hudson Valley Property Group (HVPG) acquired two adjacent affordable multifamily properties — Boston Bay and Hope Bay — in the Dorchester neighborhood of Boston, Massachusetts, adding 133 family units to its New England portfolio. The approximately $52.5 million preservation project is financed with a Fannie Mae loan provided by KeyBank and includes roughly $6.4 million in planned renovations and HUD Project-Based Section 8 contracts that preserve affordability for decades.

Buyers
Hudson Valley Property Group
Targets
Boston Bay, Hope Bay
Industry
Real Estate
Location
Massachusetts, United States
Transaction Type
Buyout

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