Innovative Financing to Create and Sustain Healthy, Equitable Communities
Developments > Stafford Heights

Stafford Heights



Project at a Glance:
Location:
Boston
Development Type:
Rental
MHIC Financing:
$3,100,000 in debt financing, $4,699,925 in LIHTC financing
Sponsor:
Nuestra Comunidad
Number of Units:
41
Date Completed:
3/09/1995

Stafford Heights is located in Roxbury, approximately a half mile from Dudley Square. Seventeen new 2 and 3-family homes were built on 3 acres of vacant land, replacing housing that was lost some 30 years ago during a cycle of disinvestment in this neighborhood. One of the buildings serves as a community center. MHIC financed this project in 1994.