Developments > 81 S. Huntington
50% participation in a Community Economic Development Assistance Corporation (CEDAC) acquisition loan (total loan $5,850,000) to assist Victory Programs, Inc. (VPI) in the acquisition of the Envision Hotel at 81 South Huntington Avenue in the Jamaica Plain neighborhood of Boston, MA. VPI is currently leasing the hotel for use as an emergency shelter and over the long term intends to convert the property into 41 units of permanent supportive housing.
81 S. Huntington
Project at a Glance:
Location:
Boston
Sponsor:
Victory Programs
Number of Units:
41
50% participation in a Community Economic Development Assistance Corporation (CEDAC) acquisition loan (total loan $5,850,000) to assist Victory Programs, Inc. (VPI) in the acquisition of the Envision Hotel at 81 South Huntington Avenue in the Jamaica Plain neighborhood of Boston, MA. VPI is currently leasing the hotel for use as an emergency shelter and over the long term intends to convert the property into 41 units of permanent supportive housing.