Innovative Financing to Create and Sustain Healthy, Equitable Communities
Developments > Wilkins Glen

Wilkins Glen

Project at a Glance:
Development Type:
MHIC Financing:
$2,582,757 in LIHTC financing
Beacon Communities
Number of Units:

This family rental development consists of 103 units in 11 buildings. MHIC provided a $2.6 million low-income housing tax credit investment. It's one of the 4 Beacon Communities' properties. The properties are part of a portfolio of four rental properties consisting of a total of 351 housing units in eastern Massachusetts developed by Beacon Communities Services. With TD Bank as the investor, MHIC provided a total $10.2 million low-income housing tax credit investment to enable the developer to acquire and renovate the properties and preserve them as affordable.