Innovative Financing to Create and Sustain Healthy, Equitable Communities
Developments > Nuestra Casaâ014Our House

Nuestra Casaâ014Our House

Project at a Glance:
Development Type:
Project Type:
Historic rehabilitation/adaptive reuse
MHIC Financing:
$5,520,746 in NMTC financing
Lawrence Community Works
Date Completed:

Completion of this project, which involved the adaptive reuse and historic rehabilitation of a former parish school, meant a new home for Lawrence CommunityWorks (LCW). LCW now has the space to enhance its highly-successful community education programs. MHIC’s $5.5 million in New Markets Tax Credit and federal historic tax credit financing, combined with a capital campaign and extensive community outreach, made it possible for LCW to totally renovate the school into a state-of-the-art community facility. LCW is building on its existing programs to ensure higher wages and wealth creation for some of the state’s most vulnerable populations — youth living in poverty, the working poor and recent immigrants.