Boston Capital Closes $150M Affordable Housing Fund

One year after its launch, Boston Capital’s $150 million Boston Capital Tax Credit Fund XXXVI has closed with a portfolio of 22 affordable housing properties accounting for an aggregate 2,471 residential units. With the closing of the fund, Boston Capital has raised equity totaling $601 million since January 2012. Fund XXXVI commanded the attention of taxable investors and ultimately, reeled in commitments from banks and an insurance company.

Commercial Property Executive

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