We especially thank our investment partners who supported our mission in 2025 with nearly $108 million in new equity investments.
Total New Investments Raised by Program

We especially thank our investment partners who supported our mission in 2025 with nearly $108 million in new equity investments.

204 Main St. is the creation of 20 units of market rate and workforce housing and an expansion of the ground floor retail space in the historic Kane Building in downtown Worcester. The project helps deliver critically needed housing while leveraging other significant downtown investment.
21 Oxford Street is the creation of 40 studio units of permanent supportive housing for homeless and formerly homeless individuals.
MHIC's acquisition loan supported the purchase of a 16-unit apartment building with below market rents. This acquisition and preservation project helps ensure that residents can stay in their communities, reducing potential displacement.
MHIC's predevelopment loan provided early-stage capital to support 4200 Washington Street, which will create 31 residential units with ground floor commercial space.
4 Mellen Street is the creation of 29 affordable rental units in Cambridge through the renovation of an existing historic home plus new construction.
83 Wildwood is the new construction of a 9,846 square foot condominium with 9 units of affordable ownership housing.
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.
In order to fuel the growth of developers underrepresented in the real estate development industry, MHIC provided a Working Capital Line of Credit that supports enterprise-level business development.
The Boys & Girls Club of Greater Lowell will renovate their facility to serve twice as many youth, breaking the cycle of generational poverty in Lowell. The project will build a new teen center, including a 6,000 square foot community center and café.
Capen Norfolk is the new construction of 15 affordable homeownership units in three buildings in the Mattapan neighborhood of Boston.
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.
In order to fuel the growth of developers underrepresented in the real estate development industry, MHIC provided a Working Capital Line of Credit that supports enterprise-level business development.
Esperanza Academy will develop a 31,500 square foot school to improve education access for low-income girls.
MHIC's acquisition loan supported the purchase of the Frog Hollow Portfolio of 19 properties in Hartford, containing 137 units of naturally occurring affordable housing.
MHIC's predevelopment loan provided early-stage capital to support the adaptive reuse of the former Hartford Trade School into 57 affordable and workforce rental units.
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.
MHIC's acquisition loan supported the purchase of a portfolio of 18 naturally occurring affordable housing units among three multi-family buildings in Mattapan.
Merrick Park Apartments involves the transformation of the Springfield Fire and Marine Insurance Company building and a neighboring residential building into 62 affordable rental housing units.
In order to fuel the growth of developers underrepresented in the real estate development industry, MHIC provided a Working Capital Line of Credit that supports enterprise-level business development.
In order to fuel the growth of developers underrepresented in the real estate development industry, MHIC provided a Working Capital Line of Credit that supports enterprise-level business development.
MHIC's acquisition loan supported the purchase of 36 affordable rental units at Osprey Lane, ensuring the preservation of existing affordable housing on Cape Cod.
MHIC's acquisition loan allowed The Neighborhood Developers (TND) to acquire the Park and Pearl portfolio of 30 naturally occurring affordable rental units. This mission-driven acquisition helps avoid tenant displacement. Units will be upgraded and eventually turned into deed-restricted affordable units.
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.
The Quinn Residences will build two three-story buildings with 10 affordable condominiums each for low-income homebuyers, delivering critical housing options for residents.
MHIC's predevelopment loan provided early-stage capital to support Urban Edge's redevelopment of the Theroch properties. A future phased development will provide sustainability upgrades and unit renovations of 191 exsiting affordable rental units.
MHIC's acquisition loan allowed TND to acquire the ABC portfolio, consisting of four multi-family apartment buildings containing 27 total rental units. This anti-displacement effort preserves affordability and strengthens community stability.
MHIC's acquisition loan supported the purchase of nine units of naturally occurring affordable housing across two buildings in Roxbury, ensuring they remain accessible to residents for generations to come.
MHIC's line of credit will support the predevelopment of two affordable homeownership developments in the Allston and Roxbury neighborhoods of Boston.
Following MHIC's 2024 investment, an additional 2025 NMTC investment will allow Weidmann Electrical Technology Inc. to expand their transformer board and components manufacturing capabilities. Weidmann will do this through the construction of a new 21,500 square foot addition to the existing production building and a new 10,000 square foot storage building. The new equipment installations include a new high efficiency boiler, expansion of existing automated material movement systems, and an automated cellulose feeding system.