Developments > Lithgow Apartments
MHIC helped preserve this 31-unit expired tax credit project through an innovative recapitalization plan that included a $1.4 million low-income housing tax credit investment. Codman Square Neighborhood Development Corporation recapitalized and rehabilitated the property, which includes two buildings located in Codman Square in the Dorchester neighborhood of Boston. The financing plan included: tax-exempt bond financing from the MHP Fund; CIPF Funds from the Department of Housing and Community Development; and financing from the City of Boston.
Lithgow Apartments
Project at a Glance:
Location:
Boston
Development Type:
Rental
Project Type:
Rehabilitation
MHIC Financing:
$1,369,040 in LIHTC financing
Sponsor:
Codman Square Neighborhood Development Corp.
Number of Units:
31
MHIC helped preserve this 31-unit expired tax credit project through an innovative recapitalization plan that included a $1.4 million low-income housing tax credit investment. Codman Square Neighborhood Development Corporation recapitalized and rehabilitated the property, which includes two buildings located in Codman Square in the Dorchester neighborhood of Boston. The financing plan included: tax-exempt bond financing from the MHP Fund; CIPF Funds from the Department of Housing and Community Development; and financing from the City of Boston.