Developments > 1734 Washington Street
1734 Washington Street: Rehabilitation of a building in the South End of Boston into 30 single-room-occupancy units. The project was developed by the Paul Sullivan Trust, an affiliate of the Pine Street Inn. The total equity investment: $1,097,500. The project is now completed and occupied. This project represents one of MHICs first equity investments; it was made in 1991. The Paul Sullivan Trust, an affiliate of the Pine Street Inn, created a 30-unit SRO project by rehabilitating an existing structure.
1734 Washington Street
Project at a Glance:
Location:
Boston
Development Type:
Rental
MHIC Financing:
$1,097,500 in LIHTC financing
Sponsor:
Paul Sullivan Trust (Pine Street Inn)
Number of Units:
30
1734 Washington Street: Rehabilitation of a building in the South End of Boston into 30 single-room-occupancy units. The project was developed by the Paul Sullivan Trust, an affiliate of the Pine Street Inn. The total equity investment: $1,097,500. The project is now completed and occupied. This project represents one of MHICs first equity investments; it was made in 1991. The Paul Sullivan Trust, an affiliate of the Pine Street Inn, created a 30-unit SRO project by rehabilitating an existing structure.