2023 Commitments

$600,000 Construction / bridge financing for the construction of Journey Home, a permanent, supportive, housing project that will create 15 units of rental housing.

$2,500,000 Predevelopment Line of Credit to facilitate completion of 2Life’s robust development pipeline, which includes the development of 277 units of affordable, senior, rental housing in 2Llife’s service area, including Lynn and Mattapan.

$50,000 Working Capital Loan Increase to support manufacturing plant startup.

$4,076,385 loan to acquire a former hotel to be developed into 99 units of permanent supportive housing
for formerly homeless people.

Up to $7,000,000 participation in $25,000,000 bridge loan for construction of 68,000 square feet state of
the art campus.