This 50-unit building is located in the heart of Harvard Square. It consists of 25 units which were at risk of expiring affordability, 25 market rate units, and nearly 10,000 sq. ft. of commercial space. Chapman Arms was the state’s first 40T project. DHCD designated HRI as the developer of this property to preserve its affordability for the long term. HRI worked with Harvard University, the City of Cambridge, and the exisiting residents to acquire this building in December 2011.