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BCN Properties



Project at a Glance:
Location:
Boston
Development Type:
Rental
Project Type:
Rehabilitation
MHIC Financing:
$4,271,234 in LIHTC financing
Sponsor:
Cruz Development Company
Number of Units:
53

This project involved substantial rehabilitation of housing at three properties – Charleme Park Homes II, 25 Nazing Court and 21-23 Center Street. It represents MHIC's second LIHTC equity investment with Cruz Development in an area of Boston where Cruz has redeveloped other properties.