Innovative Financing to Create and Sustain Healthy, Equitable Communities
Developments > Center City I and II

Center City I and II



Project at a Glance:
Location:
Springfield
Development Type:
Rental
Project Type:
Substantial renovation
MHIC Financing:
$350,000 in debt financing
Sponsor:
Home City Development, Inc.
Number of Units:
47

This project is located in the South End and Old Hill sections of Springfield - two areas of this city that had experienced considerable disintegration over the past decade. Four apartment buildings were substantially renovated to create rental housing for families at or below 80% of median income.