Developments > 326 Shawmut Ave.
326 Shawmut Avenue SRO: II-unit single occupancy project in Boston's South End; 7 units to house clients of Department of Mental Health and 4 units to house homeless individuals. Loan amount: $449,000. Closing expected October 1992. Inquilinos Boricuas en Accion (IBA), a community development corporation serving Boston's South End, developed this SRO project in 1993 to serve clients of the Massachusetts Department of Mental Health and homeless individuals.
326 Shawmut Ave.
Project at a Glance:
Location:
Boston
Development Type:
Rental
MHIC Financing:
$301,500 in debt financing
Sponsor:
Inquilinos Boricuas en Accion
Number of Units:
11
326 Shawmut Avenue SRO: II-unit single occupancy project in Boston's South End; 7 units to house clients of Department of Mental Health and 4 units to house homeless individuals. Loan amount: $449,000. Closing expected October 1992. Inquilinos Boricuas en Accion (IBA), a community development corporation serving Boston's South End, developed this SRO project in 1993 to serve clients of the Massachusetts Department of Mental Health and homeless individuals.