October 27, 2020

Moulton, Warren and Markey Announce Historic Tax Credits to Fund Veterans Housing at Lynn Armory

SALEM, Mass.Representative Seth Moulton and Senators Elizabeth Warren and Ed Markey announced that the Lynn Neighborhood Development Association has received Historic Preservation Certification from the National Park Service.

The approval means the Neighbor Development Association, the nonprofit arm of the Lynn Housing Authority, can receive a tax credit it will use to convert the building into 43 units of mixed-income housing for veterans at the iconic Lynn landmark, which was built in 1890. 

“The Lynn Armory has stood vacant for decades because in order to qualify for Historic Preservation Certification, buildings typically have to serve their prior use. I can’t imagine a better use for a prior generation’s armory than homes for future generations of veterans,” said Rep. Moulton. “The headlines in Lynn used to be about decline, but once again today they are about transformation. This is a city on the rise.”

Moulton, with the help of Senators Warren and Markey, has led the federal effort to help the Neighborhood Development Association convert the building, which has been vacant for decades, into affordable housing. The group has fought for the preservation status, which is unique because the armory will serve a different purpose than its original use.

"The Historic Preservation Certification is wonderful news for Lynn and will help the Neighborhood Development Associates rehabilitate the Lynn Armory & Motor Vehicle Storage Garage," said Senator Elizabeth Warren. "Because of NDA's tireless work, more veterans will have access to safe, affordable homes. I am deeply grateful to our veterans for their dedicated service and wish NDA the best of luck as they complete this important project.”

Senator Ed Markey said: “I congratulate Lynn’s efforts to design a revitalization plan for the historic Lynn Armory that will rehabilitate the building into affordable veteran housing. This unique project will allow the City to better serve Massachusetts’ veterans while preserving a historic landmark and reactivating under-utilized property. It is great news that historic tax credits will allow this project to move forward.”

“Although we still have a long way to go, the awarding of state and federal historic tax credits was the most challenging aspect of the project,” said Jeff Weeden Lynn Housing Authority and Neighborhood Development manager of Planning & Development. “Not only does it require significant design work to qualify, it also takes an all in effort from the Mayor, our State Delegation, the Lynn Historic Society, and our Federal Delegation. Their continued support was critical throughout the review and appeal process.”

Approximately 67,675 Massachusetts veterans live in homes with one or more major problems of quality, crowding, or cost. Housing affordability is the greatest housing problem among veterans. Roughly 31.2 percent of Massachusetts veterans pay too much for their housing. According to recent research from the U.S. Department of Housing and Urban Development, Massachusetts has more than 900 homeless veterans.

The Historic Preservation Certification is administered by the National Park Services, and was approved for Neighborhood Development Associates (NDA), the non-profit arm of the Lynn Housing Authority.