Recent Press Releases

Press Releases

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Boston Capital Invests in Affordable Multifamily Development in Portland, ME

Boston Capital is investing in the construction of Pearl Place II, a 54-unit multifamily development for families in Portland, ME.

-- January 17th, 2012

Boston Capital Finance Closes Two Construction Loans in Arkansas

Boston Capital Finance (BCF) announces the closings of two 24-month construction loans for Garden Walk of Booneville in Booneville, Arkansas and Garden Walk of Barling in Barling, Arkansas.

-- January 5, 2012

Boston Capital Invests in Affordable Multifamily Development in Glen Burnie, MD

Boston Capital is investing in the construction of Marley Meadows, a 36-unit multifamily development for families in Glen Burnie, MD.

-- December 14th, 2011

Boston Capital Invests in Affordable Multifamily Development in Conway, NH

Boston Capital is investing in the construction of Conway Pines Apartments, a 32-unit multifamily development for families in Conway, NH.

-- November 29, 2011

Boston Capital Invests in Affordable Multifamily Development for Special Needs Residents in West Allis, WI

Boston Capital is investing in the construction of Highland Commons, a 50-unit multifamily affordable housing development for residents in West Allis, WI.

-- November 21th, 2011

Boston Capital Invests in Affordable Multifamily Development in Lumberton, NC

Boston Capital is investing in the construction of Carriage Hills Apartments, a 72-unit multifamily development for families in Lumberton, NC

-- November 16, 2011

Boston Capital Finance Closes Three Permanent Loans in WY and AZ

Boston Capital Finance (BCF) announces the closings of permanent loans for Covey Run Apartments and Peak Apartments in Sheridan, WY, and Flagstaff Senior Meadows in Flagstaff, AZ.

-- October 19th, 2011

Boston Capital Invests in Affordable Multifamily Development in Petersburg, VA

Boston Capital invested in the construction of Henry Williams Townhomes, a 42-unit multifamily development for families in Petersburg, VA.

-- October 17, 2011

Boston Capital Invests in Affordable Multifamily Development in The Plains, VA

Boston Capital invested in the construction of Piedmont Lane Apartments, a 16-unit multifamily development for families in The Plains, VA.

-- September 6, 2011

Boston Capital Develops Program to Improve Asset Management Efficiency

Boston Capital, a national low-income housing tax credit syndicator, has improved its asset management efficiency and ability to deal with troubled projects by developing an in-house computer program instead of using off-the-shelf software...

-- August 22, 2011

Boston Capital Invests in Two Affordable Multifamily Developments for Seniors in CA

Boston Capital invested in the rehabilitation of Amanda Park Senior Apartments, a 397-unit multifamily apartment development located in Murrieta, CA and the construction of Vintage Chateau II, a 68-unit multifamily apartment development located in Petaluma, CA.

-- August 18, 2011

Boston Capital Invests in Affordable Multifamily Development in Red Oak, TX

Boston Capital invested in the rehabilitation of Red Oak Apartments, a 116-unit multifamily development for families in Red Oak, TX.

-- July 13, 2011

Boston Capital Introduces Two Debt Initiatives

Boston Capital announces two new debt initiatives which will offer developers a seamless process for managing debt and equity, issuing fixed-rate, first-priority mortgages collateralized by Low Income Housing Tax Credit (LIHTC) multifamily housing properties.

-- July 11, 2011

Boston Capital Closes $244 Million Tax Credit Fund XXXIV

Boston Capital announced the closing of Boston Capital Tax Credit Fund XXXIV, a nationally diversified portfolio of 39 affordable apartment properties in 17 states and the District of Columbia with a total fund size of $244 million.

-- July 7, 2011

Boston Capital Invests in Affordable Multifamily Development in Chandler, TX

Boston Capital invested in the construction of SilverLeaf at Chandler II, a 44-unit multifamily development for seniors in Chandler, TX.

-- July 6, 2011

Boston Capital Invests in Affordable Multifamily Development for Seniors in Long Beach, CA

Boston Capital invested in the rehabilitation of New Hope Home, a 140-unit multifamily development for seniors in Long Beach, CA.

-- June 22, 2011

Boston Capital investment receives HUD Region IV award for Signature Project under the Sustainable Communities Initiative

Boston Capital congratulates Knoxville's Community Development Corporation (KCDC), its developer partner, on the occasion of Residences at Eastport being chosen by HUD as a Region IV Signature Project under the federal Sustainable Communities Initiative.

-- May 3, 2011

Boston Capital Invests in Two Affordable Multifamily Developments for Seniors in Maryland

Boston Capital invested in the rehabilitation of Park View at Rosedale Apartments, a 109-unit affordable apartment community for active seniors located in Rosedale, MD and Park View at Randallstown, a 103-unit affordable apartment community for active seniors located in Randallstown, MD.

-- April 19, 2011