Developments > Acushnet Commons
A historic schoolhouse in one of New Bedford’s most distressed neighborhoods, built in 1898 and operated as a school until 1995, was transformed into 12 new units of affordable housing and ground floor office and social service space.
Acushnet Commons
Project at a Glance:
Location:
New Bedford
Development Type:
Rental
Project Type:
Historic rehabilitation/adaptive reuse
MHIC Financing:
$1,710,000 in debt financing, $2,047,111 in LIHTC financing
Sponsor:
Womens Institute for Housing and Economic Development
Number of Units:
12
Date Completed:
12/01/2005
A historic schoolhouse in one of New Bedford’s most distressed neighborhoods, built in 1898 and operated as a school until 1995, was transformed into 12 new units of affordable housing and ground floor office and social service space.