For over 30 years, Boston Capital has developed a reputation for personal service, on-time closings and a dedication to financing the best properties in the marketplace. Boston Capital's developer partners know we provide the most reliable equity financing in the business. Now Boston Capital can take care of the developers' equity and debt needs at the same time.

With the Boston Capital Affordable Housing Mortgage Fund LLC, Boston Capital offers our developer partners a seamless one-stop shop for managing debt and equity, issuing fixed rate first priority mortgages collateralized by Low Income Housing Tax Credit multifamily housing properties. This debt product is available for transactions in which Boston Capital is also the equity provider.

The fund originates a 20-year combined construction/permanent mortgage which enables Boston Capital to provide a true "one-stop shop" to its developer partners. All loans from the Boston Capital Affordable Housing Mortgage Fund are underwritten to Fannie Mae DUS guidelines.

Additional Information

• Product Types: Construction/Permanent Loan
• Loan Size: $750,000 to $10,000,000. Construction loan may be larger than permanent loan
• Term: 20 years: 2 Years construction, lease-up and stabilization, 18-year permanent loan
• Interest Rate: 235 points over the 10-year Treasury yield.
• Seamless process as both debt and equity are underwritten at Boston Capital.