Innovative Financing to Create and Sustain Healthy, Equitable Communities
Developments > Station Lofts

Station Lofts



Project at a Glance:
Location:
Brockton
Development Type:
Rental
MHIC Financing:
$2,903,343 in LIHTC financing
Sponsor:
Capstone Communities LLC
Number of Units:
25

Capstone Communities LLC has restored a historic factory in downtown Brockton that had been vacant for many years to create an attractive mixed-income apartment building. Of the 25 units, 14 are affordable. For this project, MHIC provided $2.8 million in historic and low-income housing tax credit financing.