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UHomes
Boston, MA
United States
This homeownership project consists of 20 townhomes, including 12 affordable homes on Antwerp Street in Boston’s Brighton neighborhood. The development will also create over 10,000 square feet of publicly accessible open space to benefit the neighborhood.
Sponsor
Urbanica
Source
Predevelopment Loan, HNEF investment, and construction loan participation
Financing Total
$4 million
Impact
Over the years, this neighborhood has undergone a major transformation – from a largely blighted area with a vacant shopping center and other dilapidated buildings or underused structures – to an attractive mixed-income neighborhood with both affordable and market rate rental apartments and homeownership condominiums, retail establishments, a community center and many other amenities.