November 13, 2024 – Boston Capital Finance (BCF) is pleased to announce the closing of a construction to permanent tax-exempt bond. Calypso at Ballpark Village is a to-be-built 203-unit affordable housing apartment complex located in Goodyear, Arizona.  The project will serve families in the area renting units at 60% AMI.

The experienced Minnesota based Roers Companies is the developer. “We are excited to announce that along with our partners, we will bring this high quality affordable multifamily project to the city of Goodyear, Arizona,” said Kevin Sturgeon, Development Manager for Roers Companies.

“We are once again thrilled to be working with the accomplished Roers Companies on this development.  The need for affordable housing in Goodyear is great and Calypso at Ballpark Village is perfectly planned to help with affordable housing in the area,” said Sean Curry, Partner and Director of Originations and Investments.  

“The 203-unit multifamily property will be situated on 8.44 acres and consist of two four-story low-rise buildings and a separate single-story community building with 525 parking spaces. The building design is well conceived and will allow the development to seamlessly be built into the surrounding area,” said Bill Fazzano, Partner and Director of Underwriting.

Boston Capital Finance

BCF is a Boston, Massachusetts based boutique affordable lender with offices in Charleston, South Carolina and Phoenix Arizona.  BCF founded in 1994 provides construction-to-permanent financing on properties that have or will obtain low-income housing tax credits.  The firm is owned and managed by Jack Manning, Kevin Costello, Bill Fazzano and Sean Curry has closed over $4.2 billion of affordable bonds and loans.  

Have an affordable tax-exempt bond or taxable permanent loan that needs to be financed? Please call:

Sean Curry, Originations and Investments, 781-526-4319 scurry@bostoncapital.com

Walter Williams, Originations, 617-694-5182 wwilliams@bostoncapital.com

Don Phelan, Originations, 860-614-8650 dphelan@bostoncapital.com

Bill Fazzano, Underwriting 617-331-4098, bfazzano@bostoncapital.com