Innovative Financing to Create and Sustain Healthy, Equitable Communities
Developments > Boston Street Crossing

Boston Street Crossing



Project at a Glance:
Location:
Salem
Development Type:
Rental
MHIC Financing:
$2,081,349 in LIHTC financing
Sponsor:
Harborlight Community Partners
Number of Units:
26

The project is a substantial renovation of 2 existing buildings for individuals formerly homeless. The renovation reduced the units to 26 SROs, and the 26 units are covered by project based voucher (PBV) by Massachusetts Rental Voucher Program (MRVP) contract. Each unit has a full kitchenette, private bathroom and furniture, with ground floor management offices, shared laundry facilities and accessible units.