Innovative Financing to Create and Sustain Healthy, Equitable Communities
Developments > Grinnell Mansion

Grinnell Mansion

Project at a Glance:
New Bedford
Development Type:
MHIC Financing:
$920,000 in LIHTC financing
WHALE, Inc. and Interfaith Council
Number of Units:

Grinnell Congregate Housing: 19-unit congregate housing develop¬ment involving the rehabilitation of historic Grinnell Mansion in New Bedford. Equity investment: $670,000. Expected to close in 1993. Two local nonprofits rehabilitated this historic New Bedford property to create 17 units of congregate housing for the elderly. The project was completed in 1995.