Innovative Financing to Create and Sustain Healthy, Equitable Communities
Developments > State Street Apartments

State Street Apartments

Project at a Glance:
New Bedford
Development Type:
Project Type:
Historic rehabilitation/adaptive reuse
MHIC Financing:
$1,618,750 in debt financing, $2,277,958 in LIHTC financing
Hall Keen, LLC
Number of Units:

Three vacant, adjacent mill buildings that housed mill workers in the 1880s were rehabilitated by to create affordable housing. This project represents MHIC’s first investment in a project using state low-income housing tax credits.