Developments > New South Street
This project involved acquisition and rehabilitation of a historic building to preserve 18 units of housing with services targeted for formely homeless families. Working in collaboration with the Smith College School of Social Work, this development provides support services as well as housing for its residents. MHIC financed this project in 1997.
New South Street
Project at a Glance:
Location:
Northampton
Development Type:
Rental
MHIC Financing:
$1,085,180 in debt financing, $1,288,026 in LIHTC financing
Sponsor:
Valley Community Development Corporation
Number of Units:
18
This project involved acquisition and rehabilitation of a historic building to preserve 18 units of housing with services targeted for formely homeless families. Working in collaboration with the Smith College School of Social Work, this development provides support services as well as housing for its residents. MHIC financed this project in 1997.