Displaying 100 - 108 of 130

Agawam Village

Agawam Village

Ipswich
MA
United States

The Agawam Village project involves the rehabilitation and modernization of seven residential buildings originally constructed in 1979 containing a total of 94 units. Three of the buildings contain a total of 14 family townhouse style units and four of the buildings contain 80 total units dedicated to senior households.

Sponsor
Harborlight Homes and Ipswich Housing Authority
Source
Housing Tax Credits: $20,020,678; Loan: $4,150,000
Financing Total
$24,170,678
Impact

Affordable housing preservation: 91 affordable housing units are being modernized, 80 of which serve senior/elderly population.

Affordable Housing

Cruz DC New Bedford Acquisitions

Cruz DC New Bedford Acquisitions

New Bedford
MA
United States

Cruz Development Corporation (“Cruz DC”) acquired four vacant parcels in order to develop an 87-unit, scattered site, single LIHTC project. Three of the properties are improved by historic structures and one is a blighted vacant parcel of land.

Sponsor
Cruz Development Corporation
Source
Loan: $1,680,000
Financing Total
$1,680,000
Impact

Affordable Housing Creation: 65 apartments affordable to households earning between 30% AMI and 80% AMI; Neighborhood Revitalization: The project will rehabilitate three vacant historic structures.

Affordable Housing

Elizabeth Brook Apartments

Elizabeth Brook Apartments

Stow
MA
United States

The Elizabeth Brook Apartments project includes the renovation of an existing 50 units of affordable elderly housing in six 2-story walkup residential buildings and a 1-story clubhouse building developed in 1983. The project also includes a two-bedroom free-standing, 1-story single family home built in 1915 that will also be renovated. In addition, 37 units will be newly constructed in one 3-story elevator building with common areas.

Sponsor
Stow Elderly Housing Corporation
Source
Loan: $7,000,000
Financing Total
$7,000,000
Impact

Affordable Housing Creation: The preservation of 50 units and the creation of 38 units of restricted affordable rental housing for elderly households aged 62+ with incomes at or below 60% of AMI.

Affordable Housing

Fair Haven Community Health Care

Fair Haven Community Health Care

New Haven
CT
United States

The Fair Haven Community Health Care project includes the construction of a new 33,700 square foot community health center facility for Fair Haven Community Health Clinic.

Sponsor
Fair Haven Community Health Clinic, Inc.
Source
NMTC: $6,014,000
Financing Total
$6,014,000
Impact

Economic Opportunity: Creating 50-60 jobs, all above living wages with benefits; Enhancing Health Outcomes: Capacity to serve 5,600 more patient visits annually.

Healthy Communities

LeClair Village

LeClair Village

Mashpee
MA
United States

LeClair Village will create 39 units of affordable family housing in three newly constructed buildings. The project is led by the Preservation of Affordable Housing in partnership with Housing Assistance Corporation.

Sponsor
POAH and Housing Assistance Corporation
Source
Housing Tax Credits: $9,849,015
Financing Total
$9,849,015
Impact

Affordable Housing Creation: 39 affordable apartments are being created with eight units restricted to households earning at or below 30% of AMI and 31 units restricted to households earning at or below 60% of AMI.

Affordable Housing

Merrimack Corner

Merrimack Corner

Haverhill
MA
United States

Merrimack Corner is the new construction of 48 units of affordable rental housing for seniors. The development will include a newly constructed 5-story building on vacant land adjacent to the existing Merrivista property, a senior residential building owned by Bethany Community Services.

Sponsor
Bethany Community Services
Source
Housing Tax Credits: $9,599,040
Financing Total
$9,599,040
Impact

Affordable Housing Creation: 48 new affordable rental housing units for seniors.

Affordable Housing

Prospect Estates Resyndication

Prospect Estates Resyndication

Webster
MA
United States

The Prospect Estates Resyndication project involves the historic rehabilitation of two mid-rise multifamily buildings. The development will preserve 25 units of affordable housing.

Sponsor
Affordable Housing Services Collaborative, Inc.
Source
Housing Tax Credits: $6,148,781; Loan: $147,614
Financing Total
$6,296,395
Impact

Affordable Housing Preservation: 25 units of housing for 30% AMI, 50% AMI, and 60% AMI households.

Affordable Housing

CSNDC Predevelopment Loan

CSNDC Predevelopment Loan

Dorchester, MA
United States

The CSNDC Predevelopment Loan supports the development of 15 units of affordable homeownership units in Dorchester as part of the City of Boston's Welcome Home Initiative.

Sponsor
Codman Square Neighborhood Housing Corporation (CSNDC)
Source
Loan
Financing Total
$500,000
Impact

Affordable Housing Creation: 15 homeownership units; Implementing Community Vision

Affordable Housing

Catalyst Housing

Catalyst Housing

Lynn, MA
United States

Catalyst Housing is an adaptive reuse of existing commercial space into 23 permanent supportive housing units for youth aged 18-24 experiencing homelessness and 1 live-in Resident Manager unit.

Sponsor
Harborlight Community Partners, Inc., Haven Project, and East Coast International Church
Source
Housing Tax Credits
Financing Total
$6,328,277
Impact

Affordable housing creation: 23 new permanent supportive LIHTC units for homeless young adults

Affordable Housing