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

Derne Street



Project at a Glance:
Location:
Boston
Development Type:
Rental
MHIC Financing:
$450,000 in debt financing
Sponsor:
James C. Wallace
Number of Units:
17

MHIC financing enabled the sponsor to acquire and moderately rehabilitate this 17-unit single-room-occupancy rooming house on Beacon Hill in 1999.