Developments > Triangle Project
This project, located in the Acre neighborhood of Lowell, involved acquisition and major rehabilitation of 4 properties to create 26 housing units, 4 of which are used by clients of the Department of Mental Health. One of the 4 buildings includes approximately 2,000 sq. ft. of commercial space. This project was developed in 1997.
Triangle Project
Project at a Glance:
Location:
Lowell
Development Type:
Rental
MHIC Financing:
$1,901,512 in debt financing, $2,448,435 in LIHTC financing
Sponsor:
Coalition for a Better Acre
Number of Units:
26
This project, located in the Acre neighborhood of Lowell, involved acquisition and major rehabilitation of 4 properties to create 26 housing units, 4 of which are used by clients of the Department of Mental Health. One of the 4 buildings includes approximately 2,000 sq. ft. of commercial space. This project was developed in 1997.