Displaying 64 - 72 of 82

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

92 Grand Street

92 Grand Street

Worcester, MA
United States

Revitalizing a former mill section of Main 
South in Worcester by transforming a 
vacant parcel into an affordable housing 
development offering 48 affordable 
homes.

Sponsor
Main South Community Development Corporation
Source
Housing Tax Credit Investment
Financing Total
$8,470,152
Impact

 Community revitalization by 
activating the empty lot to create new 
affordable housing.

Affordable Housing

Finch Cambridge/Concord Highlands

Finch Cambridge/Concord Highlands

Cambridge, MA
United States

Finch Cambridge (formerly called Concord Highlands), developed by Homeowner’s Rehab, Inc., was the largest new construction, affordable housing community to be built in Cambridge in over 40 years. Located across from Fresh Pond in the Alewife area, the development provides 98 apartments that are affordable to low, moderate, and middle-income households. Finch Cambridge provides crucial affordable rental apartments in this area of Cambridge, which is a Designated Area of Opportunity and is transforming from an industrial and manufacturing district into a new mixed-use neighborhood.

Sponsor
Homeowner's Rehab, Inc.
Source
LIHTC Financing
Financing Total
$9,700,000
Impact

Affordable housing creation.

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

Dudley Terrace Apartments

Dudley Terrace Apartments

Dorchester, MA
United States

Dorchester Bay Economic Development Corporation (DBEDC) is sponsoring the renovation and preservation of Dudley Terrace Apartments, five buildings containing 56 apartments scattered throughout the Uphams Corner and Savin Hill neighborhoods of Dorchester. These buildings, one of which is a historic preservation property, have been long-term homes for many of the residents. Originally constructed between 1890 and 1925, the buildings range from three to four stories, and include a mix of one, two, and three-bedroom apartments totaling over 57,000 square feet. They are within easy reach of public transportation and major routes, and one property includes a neighborhood market on the ground floor. The project renovations include major upgrades to the occupied spaces, improved ventilation, windows, and exterior repairs.

Sponsor
Dorchester Bay Economic Development Corporation
Source
LIHTC Financing
Financing Total
$4,700,000
Impact

Affordable housing creation and preservation.

Affordable Housing

Rosewood Way

Rosewood Way

Agawam
MA
United States

The Rosewood Way project comprises the new construction of 10 townhome-style buildings containing 62 units, and a standalone community building. The project will increase the supply of affordable and mixed-income housing in a suburban area with a high demand for affordable rental housing, but limited affordable housing stock.

Sponsor
Way Finders Inc.
Financing Total
$10,503,950
Impact

Affordable Housing Creation: 47 LIHTC and 10 workforce units.

Affordable Housing

Curtis Apartments Phase I

Curtis Apartments Phase I

Worcester, MA
United States

Curtis Apartments Phase I includes the demolition of 3 existing buildings containing 90 units and current property management offices to construct 129 new residential rental apartments.

Sponsor
Trinity Financial, Inc.
Source
Housing Tax Credits
Financing Total
$41,366,420
Impact

Affordable Housing Preservation and Expansion: new construction of 129 rental apartments; Downtown Revitalization: Revitalizing the Great Brook Valley neighborhood; Access to Opportunities: The location provides ready access to the job center of Central Massachusetts educational opportunities

Affordable Housing