Innovative Financing to Create and Sustain Healthy, Equitable Communities
Developments > State LIHTC Bridge Loan - Briston Arms

State LIHTC Bridge Loan - Briston Arms



Project at a Glance:
Location:
Maynard
Development Type:
Line Of Credit
MHIC Financing:
$1,655,000 in debt financing
Sponsor:
Jeffrey H. Jacobson

This is a bridge loan of future State LIHTC payments by Main Street America Group to Clocktower Tax Credits, LLC for the Briston Arms, Cambridge. Bridge 81% of future payments.