Developments > State Street Apartments
Three vacant, adjacent mill buildings that housed mill workers in the 1880s were rehabilitated by to create affordable housing. This project represents MHIC’s first investment in a project using state low-income housing tax credits.
State Street Apartments
Project at a Glance:
Location:
New Bedford
Development Type:
Rental
Project Type:
Historic rehabilitation/adaptive reuse
MHIC Financing:
$1,618,750 in debt financing, $2,277,958 in LIHTC financing
Sponsor:
Hall Keen, LLC
Number of Units:
18
Three vacant, adjacent mill buildings that housed mill workers in the 1880s were rehabilitated by to create affordable housing. This project represents MHIC’s first investment in a project using state low-income housing tax credits.