86 Dummer Street, Brookline - Massachusetts
Nolan Sheehan Patten represented the Brookline Housing Authority in connection with the 86 Dummer Street project, in Brookline, Massachusetts. Conveniently located close to Commonwealth Avenue, Boston University and the MBTA Green line, the 32-unit affordable rental housing building was the largest new construction of its kind in Brookline in almost four decades. The 38,500 SF, energy-efficient, wood-frame building includes a landscaped green space, play structures and basketball court, energy-efficient windows, gas-fired heat and hot water and Energy Star appliances. The one, two and three-bedroom units are available to low-income families, senior citizens and people with disabilities. Nolan Sheehan Patten advised the Brookline Housing Authority in assembling a financing package of over $16 million, which consisted of construction/permanent financing from Bank of America, N.A. and Massachusetts Housing Partnership Fund Board, public financing from the City of Brookline, DHCD, AHT, CEDAC and FHLB, and an equity investment from Richman Capital.
Practice Areas: Low-Income Housing Tax Credits, Public Housing