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July 23, 2009 - Boston Capital invested in Harriet Tubman House Apartments, a to-be-built, 53-
unit multifamily development in Harlem, NY. The general partner is West Harlem Group
Assistance, Inc. (WHGA), an experienced developer and manager of affordable housing based
in Harlem.

"Boston Capital is excited to be involved in the rehabilitation and production of much-needed
affordable housing in Harlem, NY, expanding the options available to individuals and families
with low to moderate incomes," said Jeff Goldstein, chief operating officer and director of Real
Estate at Boston Capital.

Harriet Tubman House Apartments will include the rehab of two existing buildings that
formerly served as a homeless shelter and the construction of one new building which will be
joined with one of the two existing structures. The development will feature 53 units and will
include two studios, 13 one-bedroom, 26 two-bedroom and 12 three-bedroom units.

Amenities will include 1,500 square feet of community space featuring a community room and
laundry facilities. The development will offer on-site maintenance staff, a common sixth floor
roof deck, a meeting space with a kitchen, a pantry and recreation area for residents.

The development will target families at 60 percent or less of the AMI. Additionally, sixteen
(30%) of the development's units will be set aside for occupancy by formerly homeless persons
or families. These households will be referred to the property by the City departments of human
and social services, as well as from transitional housing facilities run by affiliates of WHGA.
The development is located within close proximity to schools, shopping, social services,
transportation and healthcare facilities.

" Boston Capital is pleased to partner with West Harlem Group Assistance in the development of
Harriet Tubman House Apartments, as we continue to make prudent, quality investments in
multifamily properties in NY and throughout the country," added Goldstein.

About Boston Capital:

Boston Capital, headquartered in Boston, MA, is a real estate investment and advisory firm
specializing in tax advantaged investments for multifamily housing and equity investment in
market rate apartment communities. As of January 2009, Boston Capital’s holdings included
more than 2,700 multifamily apartment properties in 49 states and the District of Columbia,
constituting more than 166,500 apartments with a development cost in excess of $12 billion.
Boston Capital is the second largest owner/investor of apartment properties in the US.

About West Harlem Group Assistance Inc.:

West Harlem Group Assistance, Inc. (WHGA), a community-based affordable housing provider
and developer, was established more than 35 years ago to revitalize the under-invested West and
Central Harlem communities, which were riddled with dilapidated and abandon buildings.
WHGA's affordable housing portfolio is comprised of nearly 1,300 units of housing, of which
over 800 units are self-managed. 116 units function as emergency housing for homeless
families, and 167 units provide affordable housing for seniors. In addition to building affordable
housing, WHGA's core effort includes housing rehabilitation and preservation and asset
building endeavors such as economic development, workforce development and home
ownership initiatives throughout the community.

For more information contact:

Allison Marino
Corporate Communications
Boston Capital
One Boston Place
Boston, MA 02108-4406
(617) 624-8678