Projects: Historic Rehabilitation Tax Credits

Knitting Mill – Fall River, Massachusetts

Fall River Rendering

Nolan Sheehan Patten represented the City of Fall River, Department of Housing and Community Development and Massachusetts Affordable Housing Trust Fund in the financing, acquisition and redevelopment of a former mill building in Fall River, Massachusetts.  This historic rehabilitation of …

Lyman School Apartments – East Boston, Massachusetts

Lyman School Apartments - East Boston, Massachusetts

Lyman School Apartments – East Boston, Massachusetts

Nolan Sheehan Patten represented the investor, Massachusetts Housing Equity Fund, in connection with the rehabilitation of the Lyman School in East Boston. The Theodore Lyman School building is listed in the National Register …

Sitkowski School Apartments – Webster, Massachusetts

Stikowski

Nolan Sheehan Patten represented the investor Massachusetts Housing Equity Fund (“MHEF”) in connection with the rehabilitation of an historic, decommissioned school.  All historic elements will be maintained, or enhanced, with the addition of new parking areas, landscaping and streetscape improvements.  …

Worcester Telegram and Gazette – Worcester, Massachusetts

Nolan Sheehan Patten represented three separate CDEs in providing approximately $30,000,000 in QLICI loans, the proceeds of which were used for the historic rehabilitation of this approximately 135,000 square foot, 5 building complex previously known as the Worcester Telegram and …

Badgerow Building – Sioux City, IA

Badgerow Building

Badgerow Building

Built in 1933, the Badgerow Building located in Sioux City, IA, is listed on the National Register of Historic Places and was voted one of the 50 Most Significant Iowa Buildings of the 20th Century by the Iowa …

Boston Youth Hostel – Boston, Massachusetts

Boston Youth Hostel

Boston Youth Hostel

Nolan Sheehan Patten represented two of the three community development entities (CDEs) in this $36 million financing which combined the New Markets Tax Credit and Historic Tax Credit programs. We advised both Massachusetts Housing Investment Corporation (MHIC) …

Donald T. Erwin Community Health Center – New Orleans, LA

Donald T. Erwin Community Health Center

Nolan Sheehan Patten represented a subsidiary Community Development Entity (CDE) of Capital Link, Inc. in this twinned New Markets Tax Credit and Federal Historic Tax Credit transaction.  The structure leveraged the proceeds of grants from the Kresge Foundation and the …

Eustis Street Firehouse – Roxbury, Massachusetts

Eustis Street Fire House

Eustis Street Fire House

The oldest firehouse in Boston, the Eustis Street Firehouse was abandoned in the 1950s and fell into serious disrepair, requiring wooden braces and threatening collapse prior to construction. Given its history, however, the building remained important …