The asset involved in this transaction is a church located at 31 Stanton Street in Dorchester, MA. The property was sold for $3,875,000. The former St. Matthew parish campus is noted for its historical significance and will undergo redevelopment.

Summary of transaction details:

• Property Type: Church
• Transaction Amount: $3,875,000
• Seller: The Roman Catholic Archbishop of Boston
• Buyer: The Codman Square Neighborhood Development Corporation
• Future Use: 72 affordable homes, Wesley Child Care Center, and St. Matthews Food Pantry
• Date of Transaction: 12/06/2024

The Roman Catholic Archbishop of Boston acted as the seller in this transaction, transferring ownership of the property to The Codman Square Neighborhood Development Corporation, which will manage the redevelopment project. This redevelopment aligns with community goals by providing affordable housing and support services.