For over 38 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 Finance (BCF) provides construction, permanent and fixed-rate forward commitments on LIHTC properties syndicated by Boston Capital.

Boston Capital currently manages the Boston Capital Affordable Housing Mortgage Fund LLC, a $115 million loan portfolio. The fund originated 20-year combined construction/permanent mortgages. All loans were underwritten to Fannie Mae DUS guidelines and are operating as underwritten.

Boston Capital recently introduced two new debt initiatives, the Boston Capital Intermediate Term Income Fund, a fixed-rate construction financing fund and the Boston Capital Long Term Mortgage Fund, a fixed-rate forward permanent loan financing fund. With these funds, Boston Capital offers its 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 (LIHTC) multifamily housing properties. The funds can be used together as well as independent of each other.

Additional Information

Boston Capital Intermediate Term Income Fund

• Product Types: Construction Loan
• Loan Size: $750,000 to $10,000,000
• Term: 2 Years construction, lease-up and stabilization
• Interest Rate: Spread over the 10-year Treasury yield
• Seamless process as both debt and equity are underwritten, closed and serviced at Boston Capital

Boston Capital Long Term Mortgage Fund

• Product Types: Permanent Loan
• Loan Size: $1,000,000 to $11,000,000
• Term: 15 Years
• Amortization: 30 Years
• Interest Rate: Spread over the 10-year Treasury yield
• Seamless process as both debt and equity are underwritten, closed and serviced at Boston Capital