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.

apartment buildings with people walking on a walkway alongside one building, a man and child sitting on steps in front of one building, and a woman pushing a stroller along a separate walkway

Aucella Court Homes Revere, MA

Aucella Court Homes, a proposal to transform an underutilized municipal parking lot into a family-centered complex with townhouses, affordable apartments, a greenspace courtyard, and ground-floor commercial space in Revere, Massachusetts, received the first prize in the 2023 competition. 

brick apartment building surrounded by trees and greenery and people walking along a sidewalk out front, while other stand on grass by trees next to building

The Bridge Salem, MA

The second-place prize recipient in the 2023 competition, The Bridge, is a proposal to create a mixed-use supportive community within a five-minute walk from downtown Salem, Massachusetts.  The development includes three buildings, with one building serving as a shelter and day center for homeless individuals and another building featuring 39 new studio apartments for residents transitioning into supportive housing. A final building will include 48 one-bedroom affordable apartments for seniors earing between 30% and 60% of the area median income. 

apartment buildings with cars parked in front of them and a sidewalk with people walking by

Walnut Park Place Roxbury, Massachusetts

Walnut Park Place, recipient of the third prize in the 2023 competition, proposes to develop 22 new one- to three-bedroom condominiums affordable to those earning between 80% and 100% of the area median income and seven market-rate units in the Egleston Square section of Roxbury, Massachusetts.