Cable Mills Phase III

About the project


Mitchell Properties LLC was founded in 2000 to develop high quality residential, retail and mixed-use ventures in the Boston area and around Massachusetts.

Mitchell Properties LLC is based in Boston, MA and operates exclusively in Massachusetts.

LISC provided a $1.24 million acquisition and predevelopment loan to support the development of Cable Mills Phase III, a newly constructed 4-story elevator building with 54 residential apartments. Twenty-seven units will be restricted for households earning up to 60% of area median income (AMI), with seven units specifically reserved for households earning no more than 30% of AMI.

More LISC Lending's Project Profiles

Partner:

Mitchell Properties LLC

Location:

Boston, MA

Total Investment:

$1.24 million

Results:

54 units

Project Category:

Affordable Housing

Product:

Acquisition loan

Website:

david-traggorth-4t0q.squarespace.com

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