Developments > John F. Kennedy Apartments
Built in 1963 with federal funds to house low income seniors near Central Square, this building underwent extensive rehabilitation and addition of an assisted living facility by the Cambridge Housing Authority. This investment represents MHIC’s first investment in a HOPE VI project.
John F. Kennedy Apartments
Project at a Glance:
Location:
Cambridge
Development Type:
Senior Housing,Rental
Project Type:
Rehabilitation
MHIC Financing:
$8,472,202 in LIHTC financing
Sponsor:
Essex Street Management
Number of Units:
69
Built in 1963 with federal funds to house low income seniors near Central Square, this building underwent extensive rehabilitation and addition of an assisted living facility by the Cambridge Housing Authority. This investment represents MHIC’s first investment in a HOPE VI project.