Developments > Pomeroy Lane
Pomeroy Lane: 25-unit cooperative development in Amherst, sponsored by ABODES and Housing Allowance Project. Equity investment: $1,451 ,000. Expected to close in 1993 . This project is a limited equity cooperative designed to create a community consistent with the concept of a Village Center, with buildings clustered around a community building and landscaped areas for each unit. Eighteen units are affordable to low-income individuals, and 9 units were designed for persons with physical and mild cognitive disabilities. MHIC provided an equity investment for this project in 1993.
Pomeroy Lane
Project at a Glance:
Location:
Amherst
Development Type:
Rental
MHIC Financing:
$1,436,000 in LIHTC financing
Sponsor:
ABODES
Number of Units:
27
Pomeroy Lane: 25-unit cooperative development in Amherst, sponsored by ABODES and Housing Allowance Project. Equity investment: $1,451 ,000. Expected to close in 1993 . This project is a limited equity cooperative designed to create a community consistent with the concept of a Village Center, with buildings clustered around a community building and landscaped areas for each unit. Eighteen units are affordable to low-income individuals, and 9 units were designed for persons with physical and mild cognitive disabilities. MHIC provided an equity investment for this project in 1993.