Developments > Brighton Allston Apartments
This project consists of 60 units of affordable housing in six buildings in two locations, one in Brighton and one in Allston, all of which were built in 1912 and 1930. The most recent rehabilitation of the buildings took place in 1997, and the buildings were in need of restoration. MHIC provided $2.9 million in low-income housing tax credit financing to enable the sponsor, Allston-Brighton Community Development Corporation, to moderately rehabilitate the apartments. Brookline Bank and Cambridge Savings Bank are the LIHTC investors for this project.
Brighton Allston Apartments
Project at a Glance:
Location:
Boston
Development Type:
Rental
MHIC Financing:
$2,923,652 in LIHTC financing
Sponsor:
Allston Brighton CDC
Number of Units:
60
This project consists of 60 units of affordable housing in six buildings in two locations, one in Brighton and one in Allston, all of which were built in 1912 and 1930. The most recent rehabilitation of the buildings took place in 1997, and the buildings were in need of restoration. MHIC provided $2.9 million in low-income housing tax credit financing to enable the sponsor, Allston-Brighton Community Development Corporation, to moderately rehabilitate the apartments. Brookline Bank and Cambridge Savings Bank are the LIHTC investors for this project.