The Boston Globe, October 9th, 1999
The Amy Lowell House, a 151-unit elderly housing development in Boston's Charles River Park complex, will remain largely as affordable housing. The Massachusetts Housing Finance Agency provided The Community Builders Inc. with $11.3 million in tax-exempt financing to acquire the development. Eighty percent of the Amy Lowell House will remain affordable housing for residents earning 60 percent of the area median income. Also helping to finance the deal was the Communilty Revitalization Fund. It also will be supported through the Federal Low-Income Housing Tax Credit Program. Major improvements ...
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