We’re proud to share that MHIC has closed a $31 million construction loan to create 62 new affordable rental homes in Springfield, Massachusetts. This transformative project will restore a century-old apartment building and former insurance company headquarters, bringing new life to a historic corner of downtown.
Our thanks to:
• First Resource Development Company led by Gordon Pulsifer, marking their twelfth construction loan with MHIC
• TD Bank for their 50 percent participation
This is community revitalization in action. We are preserving history while making way for new opportunity.
