Developments > Academy Homes
This project was one of several financed by MHIC involving acquisition and rehabilitation of a large apartment complex by a tenant organization. In this case, the Academy Homes Tenants Council teamed up in 1998 with Urban Edge to preserve 202 units of housing in 11 buildings in the Jackson Square area of Roxbury and Jamaica Plain.
Academy Homes
Project at a Glance:
Location:
Boston
Development Type:
Rental
Project Type:
Rehabilitation
MHIC Financing:
$2,750,000 in debt financing, $7,128,714 in LIHTC financing
Sponsor:
Urban Edge Housing Corporation
Number of Units:
202
This project was one of several financed by MHIC involving acquisition and rehabilitation of a large apartment complex by a tenant organization. In this case, the Academy Homes Tenants Council teamed up in 1998 with Urban Edge to preserve 202 units of housing in 11 buildings in the Jackson Square area of Roxbury and Jamaica Plain.