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Finch Cambridge/Concord Highlands
Cambridge, MA
United States
Finch Cambridge (formerly called Concord Highlands), developed by Homeowner’s Rehab, Inc., was the largest new construction, affordable housing community to be built in Cambridge in over 40 years. Located across from Fresh Pond in the Alewife area, the development provides 98 apartments that are affordable to low, moderate, and middle-income households. Finch Cambridge provides crucial affordable rental apartments in this area of Cambridge, which is a Designated Area of Opportunity and is transforming from an industrial and manufacturing district into a new mixed-use neighborhood.
Sponsor
Homeowner's Rehab, Inc.
Source
LIHTC Financing
Financing Total
$9,700,000
Impact
Affordable housing creation.