Project Partners

Project Funders
  • MA Department of Housing and Community Development (DHCD)
  • City of Beverly
  • City of Beverly CPC
  • City of Beverly HOME
  • Beverly Affordable Housing Trust
  • North Shore Home Consortium
  • MHIC
  • Massachusetts Housing Partnership
  • MassHousing
  • CEDAC
  • MassWorks
  • Institution for Savings
  • Boston Private
  • North Shore Bank
Development Partners
  • Harborlight Community Partners
  • SV Design
  • Groom Construction
  • Meridian Associates
  • Resonant Energy

Project Highlights

The Anchor Point vision:

  • 77 two & three-bedroom family apartments
  • All affordable (must be income-eligible)
  • 15 units reserved for homeless families
  • Resident services available on-site
  • Case Management on-site
  • Will add to the tax base of Beverly

To be located in Beverly, Anchor Point will be comprised of 77 affordable two- and three-bedroom apartments for families; 15 units (20%) will be set aside for homeless families, in response to the needs identified by the Mayors’ Regional Homelessness Task Force. (With the Mayors’ Task Force, an innovative regional approach, the cities of Beverly, Salem, and Peabody entered into an MOU to each increase housing for homeless families and individuals.)

Acting proactively to encourage the creation of new affordable housing, the City of Beverly voted to designate the site as a 40R district. This zoning designation allows for multi-family housing to be built, while simultaneously providing for incentive payments from the State to benefit the City.

The Anchor Point Community will be new construction a on vacant lot. The project will include two residential buildings and The Lighthouse Center, a community building/education center, to be the “heart” of the Anchor Point Community. The Lighthouse Center will provide on-site day care, space for after-school programming, adult education, health programming and more. A variety of outdoor and recreational spaces are to be incorporated, such as playing field, community gardens, playgrounds, and more. All parking will be provided on-site, and the buildings will be solar ready.

Residency will be chosen by lottery for qualified applicants.

To be placed on the list to receive a housing application (when it becomes available): LINK HERE (in comments section include “Anchor Point”)