Displaying 19 - 27 of 82

270 Warren Street

270 Warren Street

Roxbury, MA
United States

New five-story, mixed-income, mixed-use building consisting of 46 family and workforce rental apartments, all affordable from 30% and 120% of AMI, and 4,085-sq.-ft. of ground floor retail space.

Sponsor
Cruz Development Corporation
Source
Loan
Financing Total
$2,080,000
Impact

This is the second phase of Cruz DC’s plan to create affordable housing in Roxbury through acquiring seven contiguous underutilized parcels of land for new construction. This building is adjacent to the Michael E. Haynes Arms building, the first phase, which was also acquired with financing from MHIC.

Affordable Housing

Leyland Street Senior 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.

Sponsor
Dorchester Bay Economic Development Corporation and Hebrew SeniorLife
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

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.

Sponsor
Way Finders and the Community Development Corporation of South Berkshire, Inc.
Source
Housing Tax Credit Investment
Financing Total
$9,149,085
Impact

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

Affordable Housing

Voces De Esperanza

Voces De Esperanza

Holyoke, MA
United States

Renovate and preserve 36 homes, converting an existing retail space for a total of 37 100% affordable homes. The development is in two separate buildings in the central area of Holyoke.

Sponsor
Valley Opportunity Council
Source
Housing Tax Credit Investment
Financing Total
$7,336,804
Impact

Affordable housing preservation.

Affordable Housing

Sussman House Apartments

Sussman House Apartments

Brookline, MA
United States

Rehabilitate a nine-story housing development near Coolidge Corner. Currently home to seniors and disabled households, the 100 apartments will continue to house these residents after the renovations and will be 100% affordable.

Sponsor
Brookline Housing Authority
Source
Housing Tax Credit Investment
Financing Total
$36,442,562
Impact

Affordable housing preservation in an area of opportunity.

Affordable Housing

Knox Residences, Phase I and II

Knox Residences, Phase I and II

Springfield, MA
United States

Vacant for over 70 years and on Preservation Massachusetts’ “most endangered” historic resources list, a building once housing The Knox Automobile Company in the Mason Square neighborhood of Springfield will be rehabilitated. Knox I will create 55 affordable homes in the northern section of the building, built in 1891, retaining its historic character. It will include an adjacent new office/maintenance building and ample parking on lots to the west and across the street. Phase II, in the southern section built in 1910, will create 41 additional affordable homes for a total community of 96 affordable apartments.

Sponsor
First Resource Development Company
Source
MHIC LLC
Financing Total
$16,500,000
Impact

Revitalization of the Mason Square neighborhood by transforming a historic building to create affordable housing.

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

Cheney Homes

Cheney Homes

Roxbury, MA
United States

Cheney Homes is the new construction development of a single building with 48 affordable apartment units for seniors (55+) and a first-floor community service facility in which resident services and Program of All-inclusive Care for the Elderly (“PACE”) services will be offered.

Sponsor
Jamaica Plain NDC
Source
LIHTC: $13,448,109 Loan: $2,000,000
Financing Total
$15,448,109
Impact

Affordable Housing Creation: 48 new units of service-rich affordable housing in Boston's Grove Hall neighborhood, which has very few existing units that meet the needs of low-income seniors

Affordable Housing

191 Bowdoin Street

191 Bowdoin Street

Boston, MA
United States

New construction of a four-story 
affordable housing development in the 
Bowdoin-Geneva area of Dorchester with 
41 apartments, first floor commercial 
space to house the Dorchester 
Community Food Co-op, and an open 
plaza. 

Sponsor
Vietnamese American Initiative for Development (VietAID)
Source
Housing Tax Credit Investment
Financing Total
$8,486,151
Impact

Implements the community 
vision of the Mid-Dorchester Action Plan 
to revitalize the neighborhood, bringing 
quality affordable housing, access to 
fresh food, and increased economic 
opportunity through convenient 
transportation to employment options.

Affordable Housing