Displaying 10 - 18 of 82

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

Granite Street Crossing

Granite Street Crossing

Rockport, MA
United States

Transform a vacant site formerly containing a greenhouse operation into 23 new affordable multi-generational homes. Seventeen studio apartments for seniors will be provided in one building; six townhomes will offer affordable housing for families in two separate buildings.

Sponsor
Harborlight Homes
Source
Housing Tax Credit Investment
Financing Total
$5,621,018
Impact

Affordable housing creation for families and seniors.

Affordable Housing

Whipple Real Estate, LLC

Whipple Real Estate, LLC

Haverhill
MA
United States

Acquisition financing for a 6-unit multifamily property. All the units are large 1-bedroom,1-bathroom apartments with below market rents. Two of the units will be reserved for tenants with Section 8 vouchers.

Sponsor
Ayman El-Kattan & Sirine Saleem
Source
Loan: $637,500
Financing Total
$637,500
Impact

Affordable Housing; Strengthening Minority Businesses

Affordable Housing

Island Parkside Phase II

Island Parkside Phase II

Lawrence, MA
United States

New construction of 40 100% affordable rental homes for families and individuals and an 18,000-sq.-ft. youth community center run by the nonprofit SquashBusters in the Mill District near the banks of the Merrimack River.

Sponsor
Lawrence CommunityWorks
Source
Housing and State Tax Credit Investments
Financing Total
$14,234,178
Impact

Affordable housing creation and support of a community serving organization.

Affordable Housing

The Village at Park River, Phase IV

The Village at Park River, Phase IV

Hartford, CT
United States

Phase IV of VI to redevelop the Westbrook Village public housing complex, completing five new buildings with 60 apartments designed to meet Passive House certification requirements for energy efficiency. 75% of the homes will be affordable to households 30% and 60% of AMI with 12 reserved for individuals who are unhoused or at risk of becoming unhoused

Sponsor
Pennrose LLC
Source
Loan
Financing Total
$3,520,000
Impact

Affordable housing creation to replace outdated public housing.

Affordable Housing

John J. Meany Senior Housing

John J. Meany Senior Housing

Gloucester, MA
United States

A new development with 44 affordable homes for seniors ages 62+ to be built on the footprint of the former Cape Ann YMCA building. A range of supportive services will be available for residents.

Sponsor
YMCA of the North Shore
Source
Housing and State Tax Credit Investments
Financing Total
$12,607,603
Impact

Affordable rental housing for seniors.

Affordable Housing

Magnolia/Woodford Homes

Magnolia/Woodford Homes

Boston, MA
United States

A first-time developer is building six houses, including one two-family home with a rental apartment, on land owned by Dudley Neighbors, Inc. a community land trust.

Sponsor
KNG Realty Corporation
Source
Construction Loan
Financing Total
$1,881,900
Impact

Affordable housing creation and support of an emerging developer.

Affordable Housing

1599 Columbus Avenue

1599 Columbus Avenue

Boston, MA
United States

New six-story building in Jackson Square within walking distance of the MBTA Orange Line with 65 affordable rentals and 3,156-sq.-ft. of ground floor commercial space.

Sponsor
Urban Edge
Source
Housing and State Tax Credit Investments
Financing Total
$20,885,753
Impact

The development is part of the Jackson Square Redevelopment Initiative, a $250 million plan to revitalize the area, including transit-oriented affordable housing.

Affordable Housing

Maple Woods

Maple Woods

Wenham, MA
United States

45 accessible, affordable homes with supportive services for seniors aged 62+.

Sponsor
Harborlight Homes
Source
Housing and State Tax Credit Investments
Financing Total
$11,613,060
Impact

Affordable housing creation and services for seniors.

Affordable Housing