Developments > Elm Place
Just-A-Start Corporation developed this project – new construction of 19 units of affordable family housing near Inman Square. The new 4-story elevator building replaced an existing structure and includes some retail space on the ground floor. MHIC provided a $2.2 million low-income housing tax credit investment with Brookline Bank and Cambridge Savings Bank as co-investors.
Elm Place
Project at a Glance:
Location:
Cambridge
Development Type:
Rental
Project Type:
New construction
MHIC Financing:
$2,184,308 in LIHTC financing
Sponsor:
Just-A-Start Corporation
Number of Units:
19
Date Completed:
7/01/2011
Just-A-Start Corporation developed this project – new construction of 19 units of affordable family housing near Inman Square. The new 4-story elevator building replaced an existing structure and includes some retail space on the ground floor. MHIC provided a $2.2 million low-income housing tax credit investment with Brookline Bank and Cambridge Savings Bank as co-investors.