Developments > Cape Cod 5, Orleans
State LIHTC loan for a 62-unit affordable and workforce development in Orleans, MA. MHIC will serve as the state tax credit lender: it will receive a donation of credits from the managing member, sell the credits to the purchaser, and lend the proceeds to the project.
Cape Cod 5, Orleans
Project at a Glance:
Location:
Boston
Development Type:
Rental
Sponsor:
Pennrose Properties, LLC
Number of Units:
62
State LIHTC loan for a 62-unit affordable and workforce development in Orleans, MA. MHIC will serve as the state tax credit lender: it will receive a donation of credits from the managing member, sell the credits to the purchaser, and lend the proceeds to the project.