Innovative Financing to Create and Sustain Healthy, Equitable Communities
Developments > Florida Street

Florida Street



Project at a Glance:
Location:
Boston
Development Type:
Ownership
MHIC Financing:
$290,000 in debt financing
Sponsor:
Michael Stella
Number of Units:
7

MHIC's 1996 financing was used to rehabilitate and reconfigure 4 row-house buildings consisting of 7 units. The homes were sold to lower-income, first-time homebuyers.