Developments > Great Bridge
This project involved new construction of 66 units of affordable rental housing in two 3-story buildings. It represents the first phase of a larger plan by Great Bridge Properties to develop 204 units of rental housing on a site that was previously an old drive-in theater. This project is in the town’s 40R Smart Growth district and financed through the Section 1602 Tax Credit Exchange program.
Great Bridge
Project at a Glance:
Location:
Lunenburg
Development Type:
Rental
Project Type:
New construction
MHIC Financing:
$4,200,000 in debt financing
Sponsor:
Great Bridge Properties
Number of Units:
66
Date Completed:
12/13/2010
This project involved new construction of 66 units of affordable rental housing in two 3-story buildings. It represents the first phase of a larger plan by Great Bridge Properties to develop 204 units of rental housing on a site that was previously an old drive-in theater. This project is in the town’s 40R Smart Growth district and financed through the Section 1602 Tax Credit Exchange program.