Developments > Cumberland Homes
This project involves the renovation and preservation of 76 units of affordable family housing in a complex of eight 4-story walk-up buildings. It is located just outside of downtown Springfield and one block west of Baystate Medical Center, the single largest employer in Springfield and recipient of a $19.9 million New Markets Tax Credit investment by MHIC.
Cumberland Homes
Project at a Glance:
Location:
Springfield
Development Type:
Rental
Project Type:
Substantial rehabilitation
MHIC Financing:
$6,336,631 in LIHTC financing
Sponsor:
Beacon Communities
Number of Units:
76
This project involves the renovation and preservation of 76 units of affordable family housing in a complex of eight 4-story walk-up buildings. It is located just outside of downtown Springfield and one block west of Baystate Medical Center, the single largest employer in Springfield and recipient of a $19.9 million New Markets Tax Credit investment by MHIC.