Notifications

Five Points 262

Leading EB-5 Company

I-956FApproved

Bunker Hill Public

and Affordable Housing Project II

I-956FApproved

Bunker Hill Public
and Affordable Housing Project II

The Bunker Hill Redevelopment in Boston is a major mixed-income, master-planned transformation of the Bunker Hill Housing development in Charlestown—New England’s first public housing community. Delivered in phases, the program includes substantial infrastructure upgrades integrated with vertical development. The Boston Housing Authority (BHA) serves as the project sponsor and oversight agency, with the objective of preserving deeply affordable units while expanding overall housing supply and improving long-term asset quality. Following the completion of Phase 1, Phase 2 commenced in January 2026. Phase 2 will replace approximately 1,100 obsolete units and deliver up to 2,699 total residences across 15 buildings, comprising replacement public housing along with additional affordable and mixed-income units. The redevelopment is expected to generate thousands of construction jobs and support sustained economic activity in the Charlestown neighborhood and greater Boston market.

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1. Rental Revenue Generation: Stabilized operations generate rental income from the public housing portfolio.
2. City Remittance: Net operating revenues are remitted to the City of Boston in accordance with the governing regulatory and operating framework.
3. Reinvestment: Returned proceeds are redeployed into other public housing and affordable housing initiatives, supporting ongoing portfolio reinvestment.
4. Sustainability: The structure enables capital recycling, allowing public funding and EB-5 capital to remain in productive use rather than being depleted, supporting long-term program sustainability.

The project will be developed on a 27-acre site owned by the City of Boston. Under the broader Bunker Hill public housing redevelopment plan, 2,699 new residential units are scheduled to be constructed in phases over a 10-year period across 15 buildings. The plan also includes improvements to transportation, public facilities, public open space, and sustainability measures, and does not include any private residential or commercial development. Managed by the Boston Housing Authority (BHA), the project is intended to provide safe, affordable housing for low-income and middle-income families.

US Regional Center Group is one of the largest USCIS-approved regional center platforms in the United States, managed by KT Capital Group LLC. It comprises a network of 10 regional centers operating across major markets, including Seattle, San Francisco, Los Angeles, New York, Boston, and Utah.

As an experienced and conservative asset manager and regional center operator, the group is committed to the stable and compliant administration of the EB-5 program. Over the past 14 years, it has sponsored approximately $1.4 billion in EB-5 projects and has helped more than 2,800 investors obtain permanent residency.

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The Boston Housing Authority (BHA) is the agency responsible for managing the City of Boston’s public housing and providing stable housing for low-income residents. Founded in 1935, it operates under the City of Boston and, with support from federal and state programs, oversees public housing and rental assistance. The BHA maintains and repairs public housing across Boston and helps low-income households stay safely housed. It also runs the Section 8 Housing Choice Voucher Program, allowing residents to receive housing assistance in the private market, and offers tailored housing support for seniors, people with disabilities, and low-income families.

The BHA is currently leading the Bunker Hill Housing Redevelopment project. The goal is to redevelop the Bunker Hill public housing community in Charlestown into a mixed-income residential neighborhood. Delivered through a public-private partnership, the project plans to build more than 2,700 new housing units, with over 1,100 units remaining as public housing. The redevelopment also aims to support current residents’ relocation and return, while creating a higher-quality living environment with community space, green areas, and commercial amenities. The project is expected to improve quality of life for public housing residents and strengthen the broader neighborhood.

The Boston Housing Authority (BHA) is the agency responsible for managing the City of Boston’s public housing and providing stable housing for low-income residents. Founded in 1935, it operates under the City of Boston and, with support from federal and state programs, oversees public housing and rental assistance. The BHA maintains and repairs public housing across Boston and helps low-income households stay safely housed.

It also runs the Section 8 Housing Choice Voucher Program, allowing residents to receive housing assistance in the private market, and offers tailored housing support for seniors, people with disabilities, and low-income families. The BHA is currently leading the Bunker Hill Housing Redevelopment project. The goal is to redevelop the Bunker Hill public housing community in Charlestown into a mixed-income residential neighborhood.

Delivered through a public-private partnership, the project plans to build more than 2,700 new housing units, with over 1,100 units remaining as public housing. The redevelopment also aims to support current residents’ relocation and return, while creating a higher-quality living environment with community space, green areas, and commercial amenities. The project is expected to improve quality of life for public housing residents and strengthen the broader neighborhood.

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