
2025 Commitments
$12,106,496 in Qualified Investments Committed in 2025
2147 Washington Street, Boston - Nubian Square
$250,000 Construction Loan Increase for a project previously approved for the development of 12 units of mixed income ownership condominium housing.
Harborlight Community Partners, Lynn
$300,000 Acquisition Loan Increase for a project previously approved for the development of 66 units of affordable rental housing.
Causeway Development, Lexington
$500,000 Renewal of predevelopment line of credit to support the development of 40 units of affordable rental housing in a High Opportunity Area.
Worcester Community Housing Resources, Worcester
$300,000 Predevelopment loan to support the creation of a 15-bedroom, critically needed, family, emergency homeless shelter.
Esperanza Academy, Lawrence
$3,500,000 Capital Campaign Bridge Loan as part of a New Markets Tax Credit Transaction for the construction of a new 33,246 sf school to create the permanent home for the tuition-free, all-girls, K-8 school with an increased capacity to serve 162 students.
Harborlight Community Partners, Ipswich
$2,385,000 Acquisition financing (in participation with CEDAC for a total loan of $2,650,000) for the development of approximately 52 units of affordable rental housing and one commercial space, which will include parking and community gardens.
CC MPZ Main Street LLC, Cambridge & Templeton
$750,000 Renewal of predevelopment working capital line to fund the predevelopment expenses of new construction projects.
MassVIBE, Boston - Dorchester
$2,771,496 Construction Loan (in participation with PCI for a total loan of $5,542,992) for the development of 18 units of affordable homeownership housing currently owned by the City of Boston.
Caribbean Integration Community Development, Boston - Mattapan
$1,350,000 Acquisition Loan for the development of approximately 61 units of affordable housing including 15 units for homeownership and 46 units low-income rental housing.