Massachusetts

Ever since its construction in 1971, Pequot Highlands has been an important source of affordable housing for the community of Salem, MA. As a flagship property of the prior owner it boasted amenities including playgrounds, gazebos, a basketball court, a computer center, and views of both the ocean and the Boston skyline, but in recent

Leisure Tower is a 180-unit elderly housing complex located just north of Boston in the coastal community of Lynn, Massachusetts. In 1999 it was financed with Massachusetts Housing Finance Agency's Tax Exempt financing, leveraging Low Income Housing Tax Credits and additional debt by decoupling the existing 236 IRP. This was Silver Street Development Corporation's first

Wollaston Manor is a preserved state of Massachusetts 236 property consisting of 163 elderly units. Located in Quincy, Massachusetts, the mid-rise property has undergone a conversion of its heating and cooling systems, window replacement, exterior waterproofing and interior modernization as part of a large-scale rehabilitation. This property was awarded an allocation of 2000 9% Low

Located in Dorchester, Massachusetts, Adams Templeton is a scattered site elderly property boasting modernized 76-units. The property underwent an interior and exterior rehab upon acquisition in 2001 that focus on aesthetic and energy-saving upgrades. The affordability of this expiring-use subsidized property has been preserved for an additional 40 years through tax exempt financing from Massachusetts

Silver Leaf Terrace, located in Leominster, MA, is a 215 unit property that was awarded New England's Affordable Housing Management Association's Community of Quality Award for the Outstanding Turnaround of a Troubled Property in 2012. Silver Leaf Terrace, once a challenged property beset by crime and poorly-maintained infrastructure, is now a cost effective property providing

Pynchon/Edgewater Apartments in Springfield, Massachusetts features 612 apartment homes spread among 51 buildings: 250 townhouse style (3 & 4 bedroom) apartments complete the community known as Pynchon Apartments and 362 high-rise apartments (1 & 2 bedroom) and 90 (3 & 4 bedroom) townhomes complete the community known as Edgewater Apartments. Pynchon/Edgewater was originally acquired by

Located on the highest point above sea level in downtown Boston, Parker Hill was a 90-unit family housing project in desperate need of rehabilitation. Despite its location in an area where rents are rapidly increasing, Silver Street Development has committed to offer 30 years of affordable housing to people earning 60% of the local median

Louis Barett Residences, a 145-unit, 12-story apartment complex for seniors in Lynn, MA, approximately 11 miles northeast of downtown Boston, was acquired by Silver Street in 2015. Built in 1973 and financed by MassHousing under the HUD Section 236 program, Louis Barett Residences was subsequently renovated in 1991 via a 4% LIHTC transaction. The property

Located in Chelsea, Massachusetts, and bordering on Boston, Boston Harbor, and nearby to Logan Airport, Carter Heights is an 108-unit affordable housing community designed to give residents close access to medical facilities, cultural attractions, and everything else the Boston area has to offer.

Mount Pleasant was acquired in the spring of 2002 and has undergone a robust modernization. The subsidized units have been successfully preserved for 40 years under a mark-to-market scenario utilizing Massachusetts Housing Finance Agency Tax Exempt Bonds. Located in Roxboro, Massachusetts, these attractive Brownstones and early 1900's style, highlight Silver Street Development Corporation commitment to

Acquired in 2015, Power Town Apartments is a beautiful and designated-historic property located in quaint Turners Falls, MA. Consisting of 82 Section-8 units, Power Town, among other features, boasts a complex and architecturally significant porch structure that has been designated as historic by the local municipality.

Located in the Merrimack River Valley of Massachusetts, Mills Falls boasts a trove of historical landmarks. First constructed in the 1800's as part of a cotton-duck fabric factory, the river side mill has been readapted into 97 unique apartment units. Forty percent (40%) of the units will remain affordable for the next 40 years and

Located in Lowell, Massachusetts, Jaycee Place was originally developed in the 1970's in conjunction with the Jaycees as affordable housing for the elderly. Lowell, an old manufacturing city with close proximity to Boston and southern New Hampshire, is enjoying a resurgence and rehabilitation to the benefits of the residents of Jaycee Place. This HUD 236