About

A first-time developer is building six houses, including one two-family home with a rental apartment, on land owned by Dudley Neighbors, Inc. a community land trust.

New six-story building in Jackson Square within walking distance of the MBTA Orange Line with 65 affordable rentals and 3,156-sq.-ft. of ground floor commercial space.

New five-story, mixed-income, mixed-use building consisting of 46 family and workforce rental apartments, all affordable from 30% and 120% of AMI, and 4,085-sq.-ft. of ground floor retail space.

A new affordable housing community with 49 apartments in five buildings within walking distance of public transportation, grocery stores, and other services. Windrush Commons will also preserve six acres of open space through a conservation restriction.

Rehabilitate a nine-story housing development near Coolidge Corner. Currently home to seniors and disabled households, the 100 apartments will continue to house these residents after the renovations and will be 100% affordable.

Wash Cycle Laundry services the travel industry, and revenues dropped 96% during the pandemic. As sales recovered in 2022, liquidity remained perilously low, but the company did not qualify for working capital financing. MHIC’s MBE Contractor Financing Program provided below-market funds that transformed the business, resulting in record growth and profit.

Phase IV of VI to redevelop the Westbrook Village public housing complex, completing five new buildings with 60 apartments designed to meet Passive House certification requirements for energy efficiency. 75% of the homes will be affordable to households 30% and 60% of AMI with 12 reserved for individuals who are unhoused or at risk of becoming unhoused

Transform a vacant site formerly containing a greenhouse operation into 23 new affordable multi-generational homes. Seventeen studio apartments for seniors will be provided in one building; six townhomes will offer affordable housing for families in two separate buildings.

Acquisition financing for a 6-unit multifamily property. All the units are large 1-bedroom,1-bathroom apartments with below market rents. Two of the units will be reserved for tenants with Section 8 vouchers.

Mixed-use development that will be a cultural, 
entertainment, and artistic mecca containing a Life 
Sciences Training Center, medical and office space, 
a culinary hall, entertainment and artistic venues, 
15 homeownership opportunities for local artists, 
and a publicly accessible pedestrian corridor

Acquisition of a 33,400-sq.-ft. industrial building 
to allow the nonprofit culinary incubator Hope & 
Main to expand into the West End of Providence, 
establishing three new shared-use kitchens plus 
two dedicated kitchens for program graduates.

Two entrepreneurs will own and operate a full service market, cafe, and Halal butchery that celebrates the African diaspora through food. They will also purchase the real estate the market occupies.

Construction of 28 affordable studio rentals in a new three-story building adjacent to Amherst College serving individuals who are homeless or at risk of homelessness, have mental health challenges, or have low and moderate incomes.

Redevelop an industrial site adjacent to the MBTA Silver Line Station, offering 56 new mixed-income rental homes for families.