Purchase, Rehabilitation, & Preservation of Low-Income Housing

Represented an affordable housing provider in completing the purchase, rehabilitation, and preservation of 32 units of heavily subsidized low-income housing through the federal Low Income Housing Tax Credit (LIHTC) program, MassDevelopment bonds, and low-interest loans from the City of Quincy’s Affordable Housing Trust. The development, known as Bersani Circle, is the culmination of more than a year’s worth of work with the City of Quincy and various lender and tax credit investment entities, and will provide affordable housing at a time of great need.