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.
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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
UN SDGs:
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