Featured Projects

10 at 8th

New Bedford, MA
United States

10 at 8th is a new construction project featuring 52 new units of affordable rental housing and 4,000 square feet of ground floor retail space.

Source

Housing Tax Credits

Financing Total

$13,491,885

Impact

Affordable Housing Creation: 52 units of affordable housing; Downtown Revitalization: the project is one of several initiatives in downtown New Bedford, including streetscape improvements, private redevelopment of historic structures and the new commuter rail station

Affordable Housing

104-108 Norwell Street

Dorchester, MA
United States

104-108 Norwell Street are 12 newly constructed homeownership units including three 4-bedroom, six 1-bedroom, and three 3-bedroom apartments across three buildings.

Source

Loan

Financing Total

$3,200,000

Impact

Affordable Homeownership Creation: 12 new homeownership units; Supporting local emerging developer

Affordable Housing

110 Ocean Avenue

Revere, MA
United States

110 Ocean Avenue is 56 new units of rental housing, which will be affordable to households earning less than 50% of the area median income. The building will also include clinical space to be leased and operated by North Suffolk Community Services (NSCS).

Source

Loan

Financing Total

$400,000

Impact

Affordable Housing Creation: 56 units of affordable rental housing

Affordable Housing

Amethyst Brook Apartments

Pelham
MA
United States

The Amethyst Brook Apartments project includes the creation of 34 units of low-income rental housing for families and individuals through the new construction of two buildings.

Source

Housing Tax Credits: $9,120,785; Loan: $164,862

Financing Total

$9,285,647

Impact

Affordable Housing Creation: new construction of 34 units of affordable housing.

Affordable Housing

Solimine House

Solimine House

Lynn, MA
United States

Solimine House is the new development of 150 units of service-enriched rental housing for seniors, 148 of which are affordable to residents earning at or below 60% of AMI and 2 are resident manager units. Residents will have access to a multilingual Resident Services team, 24-hour emergency response, fitness, wellness, lifelong learning, intergenerational programs, arts and culture events, and countless other programs and services.

Source

Loan

Financing Total

$975,000

Impact

Affordable Housing Creation: 150 units of rental housing for seniors

Affordable Housing

Fitchburg Arts Community

Fitchburg
MA
United States

The Fitchburg Arts Community project involves the creation of 68 units of mixed-income rental housing for families and individuals with a preference for artists, plus community gallery space and artist studio space. The development involves the adaptive reuse of three historic buildings adjacent to the Fitchburg Arts Museum and will create an arts-focused campus.

Source

Housing Tax Credits: $16,478,725

Financing Total

$16,478,725

Impact

Affordable Housing Creation: 68 new mixed-income housing units; Implementing Community Vision and Neighborhood Revitalization: Fitchburg Artists Community is part of a larger downtown revitalization plan driven by a partnership of residents, businesses, and public officials called ReImagine North of Main.

Affordable Housing

Anchor Point II

Beverly
MA
United States

Anchor Point II is the new construction of a 39-unit building. It is the second phase of the larger Anchor Point project that also includes the 38-unit Phase 1 rental building and an adjacent Community & Wellness Center.

Source

Housing Tax Credits: $8,103,802; Loan: $378,981

Financing Total

$8,482,783

Impact

Affordable housing creation: 39 new family units

Affordable Housing

Leyland Street Senior Housing

Dorchester, MA
United States

A new five-story building with 43 affordable senior homes is being built on a lot that stood vacant for 40 years in Upham’s Corner. The building will be energy efficient with Passive House certification and will be eligible for a LEED Silver rating. The site is very walkable and close to public transportation.

Source

Housing and State Tax Credit Investments

Financing Total

$12,327,965

Impact

Affordable housing creation for seniors on an underutilized space. Sustainable, energy-efficient building design.

Affordable Housing

Windrush Commons

Great Barrington, MA
United States

A new affordable housing community with 49 apartments in five buildings within walking distance of public transportation, grocery stores, and other services. Windrush Commons will also preserve six acres of open space through a conservation restriction.

Source

Housing Tax Credit Investment

Financing Total

$9,149,085

Impact

Affordable housing creation in a walkable area near amenities and transportation.

Affordable Housing