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Fort Worth, TX – July 18, 2006- Boston Capital acquired Sunset Pointe Apartments, a to -be-built, 224-unit multifamily community in Fort Worth, TX that will provide as part of its many amenities, an award winning, fully staffed after-school program and day care service. The general partner is NuRock Development, a Georgia-based owner, developer and manager of multifamily housing.

Sunset Pointe Apartments will include 32 one-bedroom, 96 two-bedroom, 88 three-bedroom and eight
four-bedroom garden -style units, available to residents at 60 percent or less the of area median
income (AMI). Sixteen apartments will be available for occupancy by handicapped/developmentally
disabled persons. Amenities will include gated entry, a pool, a clubhouse, a fitness center,
washer/dryer hookups and garages.

The 17.6-acre proposed site is located 10 miles southwest of downtown Fort Worth and two miles east
of Benbrook Lake and Marina. The development is within walking distance of schools and a short drive
from parks and shopping. Situated less than four miles from Interstate-280, Sunset Pointe
Apartments is convenient to shopping malls, healthcare facilities, recreation areas, services and major
employment centers.

Also available to the residents’ children, though the NuRock Housing Foundation Inc., is a fully-staffed
after-school and day care service program, Camp BreakOut (CBO). This nationally recognized, awardwinning program offers academic enrichment programs to youths and adults via literacy and GED
preparation programs, tutors, study halls and job readiness training. CBO works in conjunction with
the local school systems and provides after-school tutorial support and other supportive service
programs.

Boston Capital provided over $7 million in equity financing to Sunset Pointe Apartments, which was
acquired as part of Boston Capital’s Tax Credit Fund XXVI, a nationally diversified portfolio of 29
affordable apartment properties in 17 states with an equity investment of $266 million. The portfolio
acquired by Corporate Fund XXIV will add an additional 3,335 apartment units to Boston Capital’s
holdings, which currently total over 147,000 apartments.

"Boston Capital is extremely pleased to partner with NuRock Development in the acquisition of Sunset
Pointe Apartments, offering much-needed affordable housing as well as family-oriented services to the
residents of Fort Worth and its surrounding communities," said Jack Manning, president and CEO of
Boston Capital. “For over 30 years, we have dedicated ourselves to the creation and preservation of
affordable multifamily housing throughout the country. We look forward to increasing our commitment
to families with moderate incomes in Texas and throughout the country."

Boston Capital Corporation, headquartered in Boston, Massachusetts, is a fully integrated finance and
investment company. Since its inception in 1974, Boston Capital has been on the cutting edge of
multifamily property investment, management and financing. Boston Capital serves clients nationwide
and internationally, controlling over 2,630 multifamily properties, constituting over 147,000
apartments located in 48 states and the District of Columbia, with a total development cost in excess
of $11 billion. Boston Capital is the 4th largest owner/investor of multifamily housing in America.

For more information contact:
David Gasson
Vice President
Corporate Communications
Boston Capital
One Boston Place
Boston, MA 02108-4406
(617) 624-8896