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Copley Gardens
Rockland, MA
United States
Renovations to an existing, multi-family residential property with 83 apartments.
As part of the closing, 10 apartments were converted from market rate to affordable
through housing tax credit financing, bringing the housing mix to 72 apartments
affordable at or below 60% AMI and 11 offered at market rate.
Sponsor
NeighborWorks Housing Solutions
Source
Housing Tax Credit Investment
Financing Total
$4,354,646
Impact
Modernizing an existing housing development and increasing the number of
affordable homes.