Projects: Low-Income Housing Tax Credits

Paris Village – East Boston, Massachusetts

Nolan Sheehan Patten represented the developer EBCDC Inc. in connection with the development of 32 units of affordable housing in East Boston.  Financing sources included loans from Citizens Bank, the City of Boston, DHCD, AHT and MHP, together with tax …

Sachem’s Path – Nantucket, Massachusetts

Nolan Sheehan Patten represented the Massachusetts Department of Housing and Community Development and the Massachusetts Affordable Housing Trust Fund on an affordable homeownership development known as Sachem’s Path on Nantucket, MA developed by Housing Assistance Corporation of Cape Cod.  The …

Winchester Place – Colchester, Vermont

Nolan Sheehan Patten represented the investor, Green Mountain Housing Equity Fund VII, in connection with the rehabilitation of a residential housing development consisting of multiple buildings called Winchester Place in Colchester, Vermont.  Utilizing both the low-income housing tax credit and …

Gateway Residences on Washington – Lynn, Massachusetts

Lynn Rendering

Nolan Sheehan Patten represented Washington Gateway Associates Limited Partnership and Hub Holdings LLC in the acquisition and construction financing of the first Workforce Housing Opportunity Fund project in the Commonwealth.  The Workforce Housing Opportunity Fund is a program of Massachusetts …

Lyman School Apartments – East Boston, Massachusetts

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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 for Historic Places.  Utilizing both the low-income …

Chapman Arms – Cambridge, Massachusetts

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Our attorneys represented Homeowner’s Rehab, Inc., a Cambridge-based non-profit housing developer, in the acquisition and financing of Chapman Arms, a 50-unit building with 10,000 square feet of commercial space located in Harvard Square ground-leased from Harvard University.  Homeowner’s Rehab, Inc. …

Tremont Village Apartments – Boston, Massachusetts

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Photo by Ken Martin

Our client, Massachusetts Housing Equity Fund (“MHEF”) made an equity investment of over $2 Million to help finance the rehabilitation of 20 residential units in the South End of Boston. All the units will be rented …

Bishop Allen Apartments – Cambridge, Massachusetts

Nolan Sheehan Patten represented the investor, Massachusetts Housing Equity Fund, in connection with the rehabilitation of multiple buildings in Central Square, Cambridge. The project will preserve 32 family sized affordable housing apartments for many years to come.…

Worcester Loomworks Phase 1 – Worcester, Massachusetts

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Together with Phase 2, both portions of this project comprise 94 rental housing units to be constructed simultaneously, all of which will be affordable. Phase 1 includes 39 units funded in part by tax-exempt bond financing and 4% Low Income

Worcester Loomworks Phase 2 – Worcester, Massachusetts

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Together with Phase 1, both portions of this project comprise 94 rental housing units to be constructed simultaneously, all of which will be affordable. Phase 2 includes 55 units funded in part by 9% Low Income Housing Tax Credits.  The

Sitkowski School Apartments – Webster, Massachusetts

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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.  …

Grace Church Apartments – Providence, RI

 

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Nolan Sheehan Patten closed the low income housing tax credit investment by  MHEF – RBS Citizens Equity Fund LLC (an investment fund managed by Massachusetts Housing Investment Corporation) of $4.1 million in 4% Low Income Housing Tax Credits from …

Brighton Allston Apartments – Boston, Massachusetts

Nolan Sheehan Patten represented investor Massachusetts Housing Equity Fund in connection with the refinancing and renovation of two multi-family rental properties on Commonwealth Avenue in Allston and on Washington Street in Brighton.  The project will preserve 60 units of affordable …

Counting House Lofts – Lowell, Massachusetts

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The Counting House Lofts project consists of the adaptive re-use of an historic and elegant brick mill building into 52 units of family rental housing, including 29 one-bedrooms, 6 bedrooms with dens and 17 two-bedrooms. 50% of the units are

Residences at Centre and Main Phase 1B East Wing – Brockton, Massachusetts

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Together with Phase 1A, both portions of this project comprise 113 rental housing units, with 42 market rate units, 29 affordable workforce apartments and another 42 reserved as artist live/work space. The Residences at Centre and Main project is part

Residences at Centre and Main Phase 1A West Wing – Brockton, Massachusetts

Centre Street View from Main

Together with Phase 1B, both portions of this project comprise 113 rental housing units, with 42 market rate units, 29 affordable workforce apartments and another 42 reserved as artist live/work space. The Residences at Centre and Main project is part

Outing Park Apartments I – Springfield, Massachusetts

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Outing Park Apartments I entails the rehabilitation of 9 buildings and 94 apartments including bathrooms, kitchens, windows, ventilation, high efficiency boilers, new roofs and fire escapes and a fire alarm upgrade. The project also includes improvements such as sidewalks, streetlights, …

Northampton Tower – Boston, Massachusetts

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The Northampton Tower complex was built between 1969 and 1973 to house the Boston City Hospital School of Nursing. The Boston Public Health Commission (“BPHC”) acquired the site in 1996 and in 2010, Trinity Financial was selected by BPHC to …

The Coolidge at Sudbury – Sudbury, Massachusetts

On what was once a six-acre greenhouse operation in the 1800s, The Coolidge at Sudbury will soon become new apartment homes for active seniors and older adults aged 55 and over.  Expecting its first residents in 2014, the Coolidge at …

The Retreat at Union Pond – East Wareham, Massachusetts

Nolan Sheehan Patten represented The Gatehouse Group, a private developer and property manager of apartment communities, in the acquisition and financing of a three-phase mixed-income multi-family housing project in East Wareham, Massachusetts.  In the first two phases of the project, …

6 Fort Street Apartments – Quincy, Massachusetts

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Nolan Sheehan Patten represented the Massachusetts Housing Investment Corporation in its low-income housing tax credit investment in the 6 Fort Street project developed by the Asian Community Development Corporation.  6 Fort Street is a 34 family rental residential development in …

Inman Square Apartments & CAST II – Cambridge, Massachusetts

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Nolan Sheehan Patten represented Homeowner’s Rehab, Inc. in the acquisition and financing of two existing “expiring use” properties located in Cambridge, Massachusetts, the affordability of which was preserved by the involvement of Homeowner’s Rehab, Inc.  Inman Square Apartments is a …

Water Mill Apartments – Leominster, Massachusetts

Water Mill Apartments

Located in Leominster, Massachusetts, the project involves the historic rehabilitation of a former mill building into 40 units of LEED certified affordable rental housing.  Funding sources included the Massachusetts Department of Housing and Community Development, the Fitchburg-Leominster HOME Consortium, and …

Holcroft Park Holmes – Beverly, Massachusetts

Holcroft Park Homes

Located in Beverly, Massachusetts, this two-phase development project involves the new construction of a total of 58 affordable rental units.  The project is being developed by the North Shore CDC and the YMCA of the North Shore.  Funding sources included …

Waverley Woods – Belmont, Massachusetts

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Our attorneys represented Affirmative Investments, Inc. (Affirmative), a Boston-based housing developer, in the construction and permanent financing of Waverley Woods, a multi-family, transit-oriented residential housing complex. The project was built using sustainable design methods throughout its interior, exterior, and landscaping …