Leisure Tower

2021-05-21T09:19:00-04:00

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

2021-05-21T09:19:17-04:00

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

Adams Templeton

2021-05-21T09:19:30-04:00

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

2021-05-21T09:20:09-04:00

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

Edgewater/Pynchon Apartments

2021-05-12T15:55:14-04:00

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

Louis Barrett Residences

2021-05-21T09:21:08-04:00

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

Mt. Pleasant Apartments

2021-05-21T09:23:26-04:00

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