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Cheney Homes
Roxbury, MA
United States
Cheney Homes is the new construction development of a single building with 48 affordable apartment units for seniors (55+) and a first-floor community service facility in which resident services and Program of All-inclusive Care for the Elderly (“PACE”) services will be offered.
Sponsor
Jamaica Plain NDC
Source
LIHTC: $13,448,109 Loan: $2,000,000
Financing Total
$15,448,109
Impact
Affordable Housing Creation: 48 new units of service-rich affordable housing in Boston's Grove Hall neighborhood, which has very few existing units that meet the needs of low-income seniors