Developments > Irving Square
Irving Square Associates, LLC, an affiliate of Edward A. Fish Associates, acquired and completed moderate renovation of an occupied 46-unit affordable rental property in this suburban town, about 20 miles west of Boston. The project had a Section 8 contract covering all units that runs through 2008; that contract was extended to 2023 prior to closing in order to preserve the units as affordable.
Irving Square
Project at a Glance:
Location:
Framingham
Development Type:
Rental,Senior Housing
Project Type:
Rehabilitation
MHIC Financing:
$175,000 in debt financing, $2,474,512 in LIHTC financing
Sponsor:
EAF Associates LLC
Number of Units:
46
Date Completed:
12/31/2007
Irving Square Associates, LLC, an affiliate of Edward A. Fish Associates, acquired and completed moderate renovation of an occupied 46-unit affordable rental property in this suburban town, about 20 miles west of Boston. The project had a Section 8 contract covering all units that runs through 2008; that contract was extended to 2023 prior to closing in order to preserve the units as affordable.