Developments > Mount Pleasant SRO
This project involved acquisition and substantial rehabilitation of 20 SRO units in the Dudley Square neighborhood of Roxbury. The property, a 3-story wood frame lodging house, had fallen into serious disrepair and was vacant except for one unit occupied by a security guard. In 2000, with financing from MHIC, the City of Boston and other sources, the sponsor was able to bring back this needed, affordable SRO housing.
Mount Pleasant SRO
Project at a Glance:
Location:
Boston
Development Type:
Rental
MHIC Financing:
$268,000 in debt financing
Sponsor:
Caritas Communities, Inc.
Number of Units:
20
This project involved acquisition and substantial rehabilitation of 20 SRO units in the Dudley Square neighborhood of Roxbury. The property, a 3-story wood frame lodging house, had fallen into serious disrepair and was vacant except for one unit occupied by a security guard. In 2000, with financing from MHIC, the City of Boston and other sources, the sponsor was able to bring back this needed, affordable SRO housing.