Member News Category Archives

Sullivan & Worcester Adds Three Affordable Housing Partners to Growing Real Estate Group

John Gahan serves on the Board of Directors of the National Housing & Rehabilitation Association and the Executive Committee of Preservation Massachusetts. Deirdre Robinson sits on the board of the Lawyers Clearinghouse for Affordable Housing and is an active member in the ABA Affordable Housing Forum and CREW Boston. Karen Kepler is active in the Boston Bar Association Real Estate Section and the ABA Affordable Housing Forum and is a past-president of the Lawyers Clearinghouse for Affordable Housing and the Massachusetts Women’s Bar Association.

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The Community Builders CDE Awarded $50M for Neighborhood Investments

We wanted to share some exciting news with you. On February 13, 2018 the U.S. Department of the Treasury’s Community Development Financial Institutions Fund awarded The Community Builders CDE LLC a $50 million New Markets Tax Credit allocation. This is our fourth NMTC award, which now total $140 million. We have deployed previous awards to support 16 projects of various types across eight states and Washington, D.C.

This allocation advances The Community Builders’ mission to build and sustain strong communities for people of all incomes. We plan to target this allocation to support neighborhood business and amenity projects that create jobs and economic activity while addressing needs of communities where TCB families live.

You can read more about the Treasury announcement here.

We look forward to working with you to strengthen communities. If you have questions about our New Markets Tax Credit activities, please contact Malik Aziz.