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Check out our 2024 Annual Report

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Featured News

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4 Mellen St

MHIC Closes $8.8MM LIHTC Investment to 4 Mellen Street
We are thrilled to announce that last Friday MHIC officially closed a $8.8 million LIHTC investment to 4 Mellen Street! This equity investment will fund the redevelopment of an underutilized property into a 29-unit, 100% affordable rental development located just outside Harvard Square in Cambridge.
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2024 Annual Report

MHIC's 2024 Annual Report
We're excited to announce that our 2024 Annual Report is now available online! Review the ways MHIC is positively impacting communities across New England through our financing of affordable housing and community development.
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MHIC CEO Moddie Turay and others at the ribbon cutting event in New Bedford, MA.

Celebrating 1 Custom House Sq. Ribbon Cutting!
MHIC celebrates new five-story apartment building constructed in New Bedford, MA, with an equity investment of $9.5 million.
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Board member Carol Ventura is the winner of PBN's 2025 Leaders and Achievers award.

Congratulations to Carol Ventura on Leaders & Achievers Award!
MHIC Board Member Carol Ventura is the winner of Providence Business News' (PBN) 2025 Leaders and Achievers award.
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MHIC Announces Additional $8.8 Million NMTC Allocation to Support Weidmann Electrical Technology’s Expansion in Vermont

MHIC Announces Additional $8.8 Million NMTC Allocation to Support Weidmann Electrical Technology’s Expansion in Vermont
August 13, 2025
MHIC Announces Additional $8.8 Million NMTC Allocation to Support Weidmann Electrical Technology’s Expansion in Vermont
  • Read more about MHIC Announces Additional $8.8 Million NMTC Allocation to Support Weidmann Electrical Technology’s Expansion in Vermont
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MHIC Closes $30 Million Loan in Springfield, MA

MHIC Closes $31 Million Loan for Affordable Housing Units in Springfield, MA
August 05, 2025
MHIC recently closed a $31M construction loan, going towards the creation of 62 affordable housing units in Springfield.
  • Read more about MHIC Closes $31 Million Loan for Affordable Housing Units in Springfield, MA
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MHIC Celebrates Phase 3 of Welcome Home Boston

MHIC Celebrates Phase 3 of Welcome Home Boston
July 29, 2025
MHIC joins Mayor Michelle Wu at the celebration of the launch of Welcome Home Boston Phase 3 in Dorchester.
  • Read more about MHIC Celebrates Phase 3 of Welcome Home Boston
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MHIC Closes $5MM Boston Acquisition Fund Investment

MHIC Closes $5MM Boston Acquisition Fund Investment
July 29, 2025
MHIC closed a $5 million first mortgage loan for three multifamily buildings in Mattapan.
  • Read more about MHIC Closes $5MM Boston Acquisition Fund Investment
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Celebrating Cheney Homes Groundbreaking in Dorchester

Celebrating Cheney Homes Groundbreaking in Dorchester
July 29, 2025
A 48-home senior living center in Dorchester has officially began construction.
  • Read more about Celebrating Cheney Homes Groundbreaking in Dorchester
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MHIC CEO Moddie Turay, CT governor Ned Lamont, and others celebrate Norwich, CT's newest apartment building.

MHIC Celebrates Ribbon Cutting on 17 Apartments in Norwich, CT
July 17, 2025
MHIC celebrates the grand opening of a brand new apartment building in Norwich, CT, complete with 17 homes and two ground floor retail storefronts.
  • Read more about MHIC Celebrates Ribbon Cutting on 17 Apartments in Norwich, CT
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Board member Carol Ventura is the winner of PBN's 2025 Leaders and Achievers award.

Congratulations to Carol Ventura on Leaders & Achievers Award!
July 17, 2025
MHIC Board Member Carol Ventura is the winner of Providence Business News' (PBN) 2025 Leaders and Achievers award.
  • Read more about Congratulations to Carol Ventura on Leaders & Achievers Award!
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MHIC CEO Moddie Turay and others at the ribbon cutting event in New Bedford, MA.

Celebrating 1 Custom House Sq. Ribbon Cutting!
July 17, 2025
MHIC celebrates new five-story apartment building constructed in New Bedford, MA, with an equity investment of $9.5 million.
  • Read more about Celebrating 1 Custom House Sq. Ribbon Cutting!
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Annual Meeting

Our 35th Anniversary Meeting Was a Success — Thanks to You!
June 11, 2025
Last week, we celebrated MHIC’s 35th Anniversary Annual Meeting & Awards Ceremony! Thank you to everyone who took the time to attend, we loved seeing all of you there!
  • Read more about Our 35th Anniversary Meeting Was a Success — Thanks to You!

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MHIC

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617-307-2491

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In accordance with federal laws and U.S. Department of the Treasury policy, this organization is prohibited from discriminating on the basis of race, color, national origin, sex, age, or disability. To file a complaint of discrimination, write to: U.S. Department of the Treasury, Director, Office of Civil Rights and Equal Employment Opportunity 1500 Pennsylvania Avenue, N.W., Washington, DC 20220; call (202) 622-1160; or send an e-mail to: crcomplaints@treasury.gov.

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    • About
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