Displaying 1 - 9 of 82

10 at 8th

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.

Sponsor
Alinea Capital
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

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.

Sponsor
Norwell Affordable Condominiums LLC
Source
Loan
Financing Total
$3,200,000
Impact

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

Affordable Housing

110 Ocean Avenue

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).

Sponsor
The Neighborhood Developers, Inc.
Source
Loan
Financing Total
$400,000
Impact

Affordable Housing Creation: 56 units of affordable rental housing

Affordable Housing

Amethyst Brook Apartments

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.

Sponsor
Home City Development
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.

Sponsor
2Life Communities, Inc.
Source
Loan
Financing Total
$975,000
Impact

Affordable Housing Creation: 150 units of rental housing for seniors

Affordable Housing

Anchor Point II

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.

Sponsor
Harborlight Homes
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

Fitchburg Arts Community

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.

Sponsor
NewVue Communities, Inc.
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

35 Brookley Road

35 Brookley Road

Boston, MA
United States

Four-story, mixed-income, multi-family residential building with 45 homeownership condominiums, affordable between 80% AMI and 120% of AMI.

Sponsor
Traggorth Companies and Jamaica Plain Neighborhood Development Corporation
Source
Acquisition Loan
Financing Total
$3,220,000
Impact

Supports the creation of much needed moderately priced homeownership opportunities in this neighborhood.

Affordable Housing

25 Sixth Street

25 Sixth Street

Chelsea, MA
United States

Redevelop an industrial site adjacent to the MBTA Silver Line Station, offering 56 new mixed-income rental homes for families.

Sponsor
The Neighborhood Developers, Inc.
Source
Housing and State Tax Credit Investments
Financing Total
$13,550,400
Impact

Affordable and mixed-income housing creation on an underutilized property near public transit.

Affordable Housing