Innovative Financing to Create and Sustain Healthy, Equitable Communities
Developments > Bloomfield Gardens

Bloomfield Gardens



Project at a Glance:
Location:
Boston
Development Type:
Rental
Project Type:
New construction
MHIC Financing:
$3,500,000 in debt financing, $4,824,089 in LIHTC financing
Sponsor:
Vietnamese American Initiative for Development (Viet-AID)
Number of Units:
27

The Vietnamese American Initiative for Development is the sponsor of this project -- new construction of 27 affordable housing units in a 4-story building in Dorchester. This project converts a site that has been vacant and a source of blight for decades near the Field’s Corner red line station into a transit-oriented development.