Displaying 19 - 27 of 52

Westminster Senior Residence

Westminster Senior Residence

Westminster, MA
United States

Westminster Senior Residence is the new construction development of 50 affordable senior LIHTC apartment units, with 5 units set-aside for homeless individuals, 3 set-aside for disabled individuals, and 2 set-aside for individuals with mental health challenges.

Sponsor
Commonwealth Community Developers LLC and CCD Capital LLC
Source
Housing Tax Credits
Financing Total
$10,729,722
Impact

Affordable Housing Creation: 50 new senior LIHTC units

Affordable Housing

Blue Hill Ave DVM

Blue Hill Ave DVM

Dorchester, MA
United States

Blue Hill Ave is the new construction development of 30 affordable condominium ownership units and three commercial condominiums on three currently vacant sites formerly owned by the City of Boston on Blue Hill Avenue in Dorchester.

Sponsor
DVM Housing Partners
Source
Loan
Financing Total
$8,647,125
Impact

Affordable Housing Creation: 30 units of affordable ownership units

Affordable Housing

West Housatonic Apartments

West Housatonic Apartments

Pittsfield, MA
United States

West Housatonic Apartments include the new construction of 28 permanent supportive housing SRO units for individuals exiting homelessness with wraparound supportive services.

Sponsor
Berkshire Housing Development Corporation
Source
LIHTC: $3,432,755 Loan: $3,000,000
Financing Total
$6,432,755
Impact

Affordable Housing Creation: 28 new permanent supportive LIHTC units for homeless individuals

Affordable Housing

Elmont Norwell

Elmont Norwell

Dorchester, MA
United States

The Elmont Norwell Scattered Sites are 15 housing units across 9 redeveloped scattered-site, vacant, city-owned parcels, including 9 affordable single-family and duplex homeownership units, 3 owner-occupied buildings each with 1 rental unit (3 rental total).

Sponsor
Norfolk Scattered Sites, LLC
Source
Loan
Financing Total
$3,808,463
Impact

Affordable Housing Creation: redeveloping 9 vacant sites into 15 units of affordable housing

Affordable Housing

Greenstead Grove

Greenstead Grove

Ludlow, MA
United States

Greenstead Grove is the new construction development of 43 units of affordable rental housing in seven buildings and a community center.

Sponsor
Way Finders, Inc.
Source
LIHTC: $9,478,452 Loan: $6,950,000
Financing Total
$16,428,452
Impact

Affordable Housing Creation: new construction of 43 units of affordable housing

Affordable Housing

Village at Park River Phase IV

Village at Park River Phase IV

Hartford, CT
United States

Village at Park River Phase IV is the new construction development of 60 units including 45 LIHTC and 15 market rate units and is part of a larger six-phase redevelopment with 400+ units.

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

Affordable housing creation: 60 mixed-income units (45 affordable); Neighborhood revitalization: redevelopment of Westbrook Village

Affordable Housing

Resonant Energy Growth Capital

Resonant Energy Growth Capital

Boston, MA
United States

Through Resonant Energy Growth Capital, Resonant Energy aims to increase projects under management with three new staff hires, bring expertise in-house through four new project development staff hires, increasing cross-selling in areas where climate resilient features are required by local ordinances or various funding sources, and within the next 5-7 years establish an internally managed loan fund.

Sponsor
Resonant Energy LLC
Source
Loan
Financing Total
$995,000
Impact

Economic Opportunity; Community Service/Facilities

Community Impact

Residences at the Vault

Residences at the Vault

Springfield, MA
United States

Residences at the Vault is the adaptive reuse of the former Land Bank Building at 310 State Street and the renovation of an existing apartment building on Worthington Street in Springfield into 60 units of affordable rental housing.

Sponsor
First Resource Development Company
Source
Loan
Financing Total
$11,250,000
Impact

Affordable Housing Creation: 60 units of rental housing

Affordable Housing

Warren Hall

Warren Hall

Brighton, MA
United States

Warren Hall is the redevelopment of an existing building to preserve 33 residential units on the upper floors and reduce commercial space on the first floor to create two new residential units and a new lobby. The renovation will repair urgent building problems, replace several building systems, and install new insulation and more efficient HVAC systems.

Sponsor
Allston Brighton CDC and The Schochet Company
Source
Loan
Financing Total
$3,600,000
Impact

Affordable Housing: 31 existing units will be preserved and 2 new units will be created

Affordable Housing