Projects: Affordable Housing

Glen Street Condominiums – Somerville, Massachusetts

Nolan Sheehan Patten represented the City of Somerville in connection with an approximately $3,000,000 loan to Somerville Community Corporation. The financing will be used to build 11 homeownership condominium units, 8 of which will be restricted as affordable units.  The …

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

BostonMA_TheodoreLymanSchool[nIm3]

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 …

Memorial Square Apartments, Springfield, Massachusetts

NSP represented a consortium of public lenders providing $2,800,000 in subordinate financing for the rehabilitation of 56 units of affordable housing in downtown Springfield. The loan included funds provided by the Housing Stabilization Fund, the Affordable Housing Trust Fund, the …

Island Creek Village North – Duxbury, Massachusetts

Island Creek Village North is comprised of two phases of new construction that will create 120 units of affordable senior housing and 94 units of affordable family housing as part of the larger development of Island Creek Village in Duxbury, …

Dalton Apartments – Pittsfield, Massachusetts

Nolan Sheehan Patten represented the Affordable Housing Trust Fund and the Housing Stabilization Fund in connection with an aggregate $2 million loan for the substantial rehabilitation of a 100 unit family rental housing development.  It will preserve affordable housing in …

Cass Street Veterans Housing – Springfield, Massachusetts

The Cass Street Veterans Housing project will create 19 new studio apartments for extremely low-income veterans who are experiencing homelessness. Supportive services will be available within the project through a resident manager and the adjacent Veterans Outreach Center. The supportive …

Chapman Arms – Cambridge, Massachusetts

Chapman Arms Large

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. …

Boott Mill West – Lowell, Massachusetts

Higgins Exterior

Boott Mill West is an adaptive re-use of a vacant, historic mill in Lowell, which created 78 mixed-income family units, of which 16 will be affordable. The project included substantial rehabilitation of the northwest quadrant of the historic Boott Cotton

Magazine Commons – Springfield, Massachusetts

magazine

The Magazine Commons project is a new 16-unit facility for persons with chronic mental illness that will replace the Springfield House project that was destroyed by the June 1, 2011 tornado. The project consists of a newly constructed wood frame

Main Street, Oxford – Oxford, Massachusetts

SMOC-Oxford438

The Main Street, Oxford renovation comprises 16 units of single occupancy housing with four shared bathrooms, a common kitchen and an accessible first floor with two designated accessible units. The building, originally constructed in 1830 as a residence, was previously

Heywood Wakefield IV – Gardner, Massachusetts

 

Heywood Wakefield IV is the fourth and final phase of the historic rehabilitation and adaptive reuse of the Heywood Wakefield mill complex in downtown Gardner, and comprises 55 new units of affordable housing. The original Chapter 40B Comprehensive Permit

Oxford Ping On – Boston, Massachusetts

Updated Perspective 01-31-14

Oxford Ping On comprises 66 new rental housing units plus one manager’s unit in the Chinatown district of Boston at 10 Oxford Street. The building to be constructed will be 10 stories plus a mechanical penthouse. Nolan Sheehan Patten served …

Tremont Village Apartments – Boston, Massachusetts

tremont

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

Loomworks copy
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

Loom 2 copy
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

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.  …

1501 Commonwealth Avenue – Boston, Massachusetts

Untitled

Nolan Sheehan Patten represented the City of Boston Neighborhood Housing Trust with a $500,000 grant to Brighton Partnership for Community Redevelopment LLC in connection with razing a vacant, rundown former nursing home and the construction of a condominium project. The …

Marion Village Estates – Marion, Massachusetts

Nolan Sheehan Patten represented various public lenders, including DHCD and AHT in $2,715,000 of financing for the construction of Marion Village Estates, a 40B project in Marion, MA.  Once constructed, the project will provide 60 units of affordable housing.  The …

Grace Church Apartments – Providence, RI

 

Grace Church 080212 2012-08-02 410

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 …