2022
Commitments
$53,867,221 in Qualified Commitments in 2022
NeighborWorks Housing Solutions, Brockton
$2,367,000 acquisition loan to develop 94 units of affordable rental housing
New Atlantic/Dream Development: 2147 Washington St, Nubian Square, Boston
$75,000 increase to construction loan for 12 homeownership units.
Nubian Ascends Partners, Nubian Square, Boston
$575,000 predevelopment loan to support 389,000 square feet of commercial office/laboratory, culinary, bio-tech and vocational training, arts and culture space and 15 homeownership units.
Horizons Watermark, Roxbury, Boston
$375,000 tenant improvement loan for Catholic Charitable Bureau of the Archdiocese of Boston, Inc.
Traggorth Companies, LLC, statewide
$500,000 Predevelopment line of credit loan to support pipeline of 106 units of mixed-income housing
Lamour Community Health Institute, Inc., Braintree
$3,645,000 to acquire commercial building to serve as program and office space for behavioral and health services.
Northeast Biodiesel Company, LLC., Greenfield
$650,000 working capital loan to support a cooperatively owned plant start-up.
East Boston CDC, Lynn (decommitted)
$1,500,000 Acquisition financing for 104 units of senior, affordable, rental housing.
Alinea Capital Partners, LLC, New Bedford
$275,000 Acquisition Financing for 53 units of affordable housing at 10@8th.
DREAM Development, Roxbury
$3,400,000 Construction loan for the development of 10 market rate and 2 affordable home ownership condos.