2025 was a remarkable year for MHIC—one that sharpened our focus on our priorities. At a moment when many organizations felt cautious, MHIC felt empowered to act more boldly than before.
This year in particular, we chose to double down on our impact at a time when other organizations pulled back. We've worked on a diverse array of projects, but we tend to focus our impact on four specific areas in support of our communities.
MHIC's acquisition loan supported the purchase of 59 units of naturally occurring affordable housing at 840-846 Massachusetts Avenue and 17 Newman Way. In the future, 57 units are expected to be permanently deed restricted and another 40 affordable units will be built on the site.
Asbury Common is the development of 45 units of energy-efficient low-income housing in Hamilton.
ConnCAT Place on Dixwell will develop a 65,000 square foot commercial office building to serve as the headquarters of the Connecticut Center for Arts & Technology, helping low-income youth and the community of the Dixwell neighborhood.
High Point Treatment Center will rehabilitate a 33,400 square foot building to create a state-of-the-art behavioral health and addiction treatment center including a 64-bed facility and outpatient clinic.
People Inc. will construct a new 19,800 square foot early childhood education and family support center.
St. Francis House renovated their 30,000 square foot area to expand and improve access for the city's homeless population. This continuum-of-care campus provides continuous and comprehensive support to guests.
ConnCAT Place on Dixwell will develop a 65,000 square foot commercial office building to serve as the headquarters of the Connecticut Center for Arts & Technology, helping low-income youth and the community of the Dixwell neighborhood.
We especially thank our investment partners who supported our mission in 2025 with nearly $108 million in new equity investments.
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MHIC's team of professionals strives each day to ensure that we and our partners achieve our goals.
MHIC's Board of Directors is comprised of leaders in affordable housing and community development with incredible experience in finance, state and municipal government, and both non-profit and for-profit real estate development.
MHIC is a private, non-profit financier of affordable housing and community development throughout New England, providing financing that would not otherwise be available to neighborhoods most in need. For 35 years, MHIC has invested more than $3.8 billion to help create and sustain healthy, equitable communities where people, businesses, and organizations can thrive.
Our mission at MHIC is to be an innovative private financier of affordable housing and community development, providing financing that would not otherwise be available, and extending the impact of that financing to ensure the broadest possible benefit.
