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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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People Inc.'s Early Education Center Grand Opening

People Inc.'s Early Education Center Grand Opening
October 21, 2025
MHIC attended the ribbon cutting ceremony for People Inc.'s new Early Education Center in Fall River, MA.
  • Read more about People Inc.'s Early Education Center Grand Opening
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Nubian Square outing

Staff Tour at Nubian Square
October 21, 2025
MHIC had a wonderful tour of each of our investment sites in Nubian Square in Roxbury.
  • Read more about Staff Tour at Nubian Square
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275 Chestnut Street Ribbon Cutting

275 Chestnut Street Ribbon Cutting
October 21, 2025
MHIC celebrated the grand opening of 275 Chestnut Street in Springfield, MA.
  • Read more about 275 Chestnut Street Ribbon Cutting
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MHIC closes NOAH Acquisition Loan

MHIC Closes $14.7 Million Acquisition Loan
September 23, 2025
MHIC closes a $14.7 million loan towards three affordable housing units in Arlington, MA.
  • Read more about MHIC Closes $14.7 Million Acquisition Loan
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MHIC attends NASLEF Conference 2025

MHIC Participates in 31st Annual NASLEF Conference
September 23, 2025
MHIC staff attended the 31st annual NASLEF conference in Detroit, MI.
  • Read more about MHIC Participates in 31st Annual NASLEF Conference
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Osprey Lane Investment closing

MHIC Closes $2.3 Million Investment
September 23, 2025
MHIC closes a $2.3 million loan to POAH for an affordable housing community in Sandwich, MA.
  • Read more about MHIC Closes $2.3 Million Investment
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Fitchburg Arts Community ribbon cutting

Fitchburg Arts Community Ribbon Cutting
September 23, 2025
MHIC celebrates the unveiling of the revitalized Fitchburg Arts Community.
  • Read more about Fitchburg Arts Community Ribbon Cutting
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Softball game photos

MHIC vs. POAH Annual Softball Game
September 23, 2025
MHIC and POAH participate in their yearly softball game!
  • Read more about MHIC vs. POAH Annual Softball Game
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Theroch Apartments photo

MHIC Closes $750,000 Pre-Development Investment
September 23, 2025
MHIC partners with CEDAC in support of a $750,000 loan towards Theroch Apartments in Dorchester.
  • Read more about MHIC Closes $750,000 Pre-Development Investment

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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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To request information about our CDFI Fund Programs in another language, please submit a request to contact@mhic.com.

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