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Developments > Fr. Walter Martin Coop

Fr. Walter Martin Coop

Project at a Glance:
Development Type:
MHIC Financing:
$1,600,000 in debt financing, $4,335,694 in LIHTC financing
South Boston Community Housing, Inc.
Number of Units:

Father Walter J. Martin Housing : 34-unit cooperative housing in 9 newly-constructed buildings in South Boston. The third Boston Coop. New construction of 9 buildings created these cooperative apartments. The project was one of 5 tax credit limited equity cooperative projects in which MHIC invested under the Boston Co-Op Initiative. Under that program, MHIC also invested in Alexander Magnolia, Hyde Square Co-op, Stafford Heights, and Stony Brook Gardens. MHIC's equity investment closed in 1993.