Thames River
About the project
Affordable Housing and Services Collaborative, Inc. (AHSC) was established in 2001 to promote and enhance the quality of life for residents of affordable housing. Through housing provision, educational programming, and wellness promotion, AHSC creates environments in which all can live and grow together.
Affordable Housing and Services Collaborative, Inc. is headquartered in Braintree, MA.
LISC provided $1,218,108 in acquisition financing for the Thames River Apartments project in New London, CT. The 124 unit project is in need of significant renovation, as the property had deteriorated after decades of neglect, to the point that it warranted court-ordered rehabilitation construction. The newly renovated property will be geared towards families at or below 50% AMI.
Partner:
Affordable Housing and Services Collaborative, Inc.
Location:
New London, CT
Total Investment:
$1.22 million
Results:
124 units
Project Category:
Affordable Housing
Product:
Acquisition loan
Website:
UN SDGs:
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