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

Burbank Street Apartments



Project at a Glance:
Location:
Boston
Development Type:
Rental
Project Type:
Rehabilitation
MHIC Financing:
$2,012,000 in debt financing, $2,227,597 in LIHTC financing
Sponsor:
Fenway CDC
Number of Units:
35

This project involved rehabilitation of a 35-unit project in Boston's Fenway neighborhood. The building had been converted in the late 1980s to condominiums, most of which had been foreclosed. The Fenway CDC converted it back to rental housing to improve the Burbank Street neighborhood.