ACDC Preserves Vital Affordable Housing in Boston’s Chinatown
BlueHub Loan Fund, Local Initiatives Support Corporation
Affordable Housing, Loan Fund
Massachusetts
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.
