Tobi Goldberg

Affordable Housing Development Competition

To generate interest in community development, FHLBank Boston partners with dedicated sponsors to bring together graduate students for the annual competition.

“This competition focuses a new generation of thinkers on affordable housing.”

Tobi Goldberg
Senior Community Investment Manager


Learn how the competition works and the benefits of participating, including prizes.


See this year's student coordinators and sponsors and learn how to form a team. Also, see which  developers and finance and design mentors previously participated in the competition.  


Students and housing developers can find out more about submission requirements and judging criteria.

Man holding a child’s hand walking on a pathway with a younger child in front heading to a playground in front of building while a man rides his bike on the same pathway and off to the side a woman in a wheelchair talks to a person who is standing by her side

Lancaster Commons Lancaster, Massachusetts

The first-place winner in the 2021 competition, Lancaster Commons is a multi-phased mixed-use project that aims to rehabilitate and reactivate an underutilized rural site of historic significance in town. The first phase includes 48 affordable rental units promoting intergenerational communities and supportive programming and amenities.

Woman standing with a cane on a paved pathway surrounded by gardens and greenery facing a green space where a child stands with his skateboard and a couple walk with their dog

Baycrest Commons Portland, Maine

Baycrest Commons, a proposal to create a 100-unit mixed-income apartment complex on an underutilized site, received the second prize in the 2021 competition.

Green space with figures of children kicking a ball and adults with children walking and a building in the background

Reservoir Village Franklin, Massachusetts

Reservoir Village, recipient of the third prize in the competition, proposes to create 58 affordable units for families and seniors at the site of an Episcopal church as part of a community inspired by the themes of sanctuary, belonging, and nature.