Glen Street Condominiums – Somerville, Massachusetts
Nolan Sheehan Patten represented the City of Somerville in connection with an approximately $3,000,000 loan to Somerville Community Corporation. The financing will be used to build 11 homeownership condominium units, 8 of which will be restricted as affordable units. The project will target both low and middle-income households and provide much needed affordable homeownership housing stock in the City of Somerville.
Practice Areas: Public Financing