Developments > Parmelee Court
Parmelee Court: 74-unit mixed-income rental project in Boston. The total equity investment is $2,800,000. The project is now completed and occupied. MHIC investors provided the equity investment in 1992 to redevelop this site, formerly controlled by the Boston Redevelopment Authority, into 74 units of mixed-income rental housing. Located in the southwest corner of Washington Street and Massachusetts Avenue, Parmelee is one of the anchors in MHIC's commitment to this important section of Lower Roxbury.
Parmelee Court
Project at a Glance:
Location:
Boston
Development Type:
Rental
MHIC Financing:
$2,800,000 in LIHTC financing
Sponsor:
New Parmelee Court Inc.
Number of Units:
74
Parmelee Court: 74-unit mixed-income rental project in Boston. The total equity investment is $2,800,000. The project is now completed and occupied. MHIC investors provided the equity investment in 1992 to redevelop this site, formerly controlled by the Boston Redevelopment Authority, into 74 units of mixed-income rental housing. Located in the southwest corner of Washington Street and Massachusetts Avenue, Parmelee is one of the anchors in MHIC's commitment to this important section of Lower Roxbury.