MassDevelopment: $15.7M Preserves Affordable Housing in North Adams
June 08, 2022
June 08, 2022
NORTH ADAMS, Massachusetts, June 8 -- MassDevelopment issued the following news release:
MassDevelopment has issued a $15,666,800 tax-exempt bond on behalf of Caleb Mohawk Limited Partnership, an affiliate of The Caleb Foundation, Inc. (TCF), which is using bond proceeds to buy and renovate Mohawk Forest, a 190-unit mixed-income multifamily rental housing complex in North Adams. As part of the project, The Caleb Foundation will also convert four market-rate units to affordable; upon . . .
MassDevelopment has issued a $15,666,800 tax-exempt bond on behalf of Caleb Mohawk Limited Partnership, an affiliate of The Caleb Foundation, Inc. (TCF), which is using bond proceeds to buy and renovate Mohawk Forest, a 190-unit mixed-income multifamily rental housing complex in North Adams. As part of the project, The Caleb Foundation will also convert four market-rate units to affordable; upon . . .