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

Lenox Street



Project at a Glance:
Location:
Boston
Development Type:
Rental
Project Type:
New construction
MHIC Financing:
$1,550,000 in debt financing
Sponsor:
Caritas Communities, Inc.
Number of Units:
25

This project involved new construction of a 4-story building on a vacant lot containing 25 enhanced SRO housing units. The project’s sponsor was Caritas Communities, Inc., a leading provider and manager of SRO housing for the working poor in Massachusetts. The first floor office is now the home of YouthBuild Boston, a non-profit youth training organization.