Developments > Cady Brook Apartments
For this project, located in the small, south-central Massachusetts town of Charlton, MHIC provided $5 million in low-income housing tax credit financing, with TD Bank as the sole investor, for the substantial rehabilitation of 40 units of affordable rental housing in ten buildings. All of the housing units are subsidized under the U.S. Department of Agriculture Rental Development program.
Cady Brook Apartments
Project at a Glance:
Location:
Charlton
Development Type:
Rental
Project Type:
Rehabilitation
MHIC Financing:
$5,080,501 in LIHTC financing
Sponsor:
Way Finders
Number of Units:
39
For this project, located in the small, south-central Massachusetts town of Charlton, MHIC provided $5 million in low-income housing tax credit financing, with TD Bank as the sole investor, for the substantial rehabilitation of 40 units of affordable rental housing in ten buildings. All of the housing units are subsidized under the U.S. Department of Agriculture Rental Development program.