ACDC Preserves Vital Affordable Housing in Boston’s Chinatown
Boston,
Massachusetts
BlueHub Loan Fund, Local Initiatives Support Corporation
The Asian Community Development Corporation (ACDC) sought to purchase a mixed use building with 14 residential units and a longtime restaurant to preserve affordability for tenants. In February 2022, LISC participated on a $3.5 million acquisition loan to ACDC with BlueHub Capital, the first of its kind in Chinatown.
Coastal Enterprises, Massachusetts Housing Investment Corporation, Nonprofit Finance Fund
The Boston Conservatory - the oldest performing arts conservatory in the nation - created a new, 40,000 sq. ft. state-of-the-art performing arts center.
