Excellence Award recognizes the impact NEI had on racial equity and inclusion on the Olmsted Green 100-unit Rental project

BOSTON, MA / ACCESSWIRE / July 20, 2022 / NEI General Contracting, an award-winning general contractor firm, announced today it was honored with a "Racial Equity and Inclusion Excellence Award" from the Massachusetts Housing Investment Corporation (MHIC) for its impact on the Olmsted Green 100-unit Rental project. NEI and the developer, Lena New Boston, LLC, were recognized at their annual meeting at the Omni Parker House in Boston in June. Offering apartments for rent, homeownership opportunities, and a mix of smartly designed flats and townhomes with private back yards and lush landscape, Olmsted Green is a one-of-a-kind 42-acre landscaped community located just six miles from downtown Boston in Mattapan.

Lena New Boston, LLC was created by the merger of New Boston Fund, Inc. and Lena Park Community Development Corporation (CDC). New Boston Fund, Inc. has successfully developed mixed-use urban projects in Boston and other cities while Lena Park CDC has a 30-year track record of developing and managing affordable housing.

"Olmsted Green is an exceptional example of what is possible when development teams prioritize racial equity and inclusion and follow industry-proven best practices to achieve results," said Travis Watson, director of racial equity and community engagement at MHIC. "The Olmsted Green team believed that the most successful projects reflect the community's vision and that developing long-term, capacity-building relationships with black and brown contractors and workers will help to chip away at the racial wealth gap. NEI awarded $11.7 million, or nearly half of the construction contracts, to Black and brown-owned businesses and they directed 68% of the construction hours to Black and brown workers."

The redevelopment of Olmsted Green, the former Boston State Hospital site, creates over 500 mixed-income units as the first workforce housing homeownership project funded by MassHousing's Opportunity Fund, the city of Boston's Office of Neighborhood Development, and the Neighborhood Housing Trust. The project is designed to be a 21st century transit-oriented and energy efficient community. Homes feature Energy Star rated mechanical systems and appliances, triple-paned windows, and continuous fresh air circulation. The two and three-bedroom units include a modern contextual design with quality finishes throughout including, engineered wood flooring, open concept living, laundry machines and private patios. Dedicated parking in front of each unit is also provided. Residents have access to the Gateway Center, a community activity hub featuring a fitness center, outdoor patio with barbecues, and resident club room with WiFi.

"This award reinforces NEI's solid foundation in community engagement and workforce development while monitoring and overseeing diverse worker and business participation throughout Boston," said Josef Rettman, president at NEI. "We make every effort to enhance diverse business and workforce utilization which allows us to participate more fully in the community and economic development interests of our clients and the communities where they do business.

Photo Caption (L-R): Travis Watson, Director of Racial Equity and Community Engagement,MHIC; Andre Barbour, NEI GC; Eric VanDusen, Lena New Boston; Joe Flatley, Former CEO MHIC; Guilliaem "Rusty" Aertsen, Chairman, MHIC Board of Directors

About NEI General Contracting

NEI is a privately held company committed to affordable housing with extensive experience in ground-up, moderate rehab, elderly, veteran, historic rehab, historic tax credit and tax credit projects. Providing a full spectrum of general contracting and construction management services to clients throughout the United States.

NEI has three regional offices, to help better serve its clients: Boston to serve the Northeast, Florida to serve the Southeast, and Texas to serve the Southwest.

Founded in 1998 on the principles of integrity, diligence, and building for good, we have opened the door to over 20,000 newly homed and hopeful families, giving them a chance for a better quality of life. We're building for good because everyone deserves a good home. We're building for good because that's the right way to do it. For more information, please visit www.neigc.com.

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SOURCE: NEI General Contracting