BOSTON-The AFL-CIO Housing Investment Trust and MassHousing have agreed to provide $46.8 million in financing for a mixed-use development on Centre Street in the Jamaica Plain neighborhood of Boston. MassHousing will contribute $31.4 million in loans while the AFL-CIO Housing Investment Trust and Building America CDE will contribute $15.4 million in financing for the project.
The $53.2-million project will provide 103 apartments as well as commercial and retail space. Construction started in December and is scheduled to be finished by April 2013. For the full story, go to Boston Business Journal .
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