September 15, 2025 – Boston Capital Finance is pleased to announce the closing of another fixed rate forward taxable affordable permanent loan.  

The development, Mellishwood Senior Housing, is a to-be-built rent-restricted senior apartment building in Woodstock, Vermont.  This development will rehabilitate 11 existing units and build an additional 29 units for a total 39 senior affordable units for households earning no more than 60% of the area median income.  The development will include a community center with a computer room, management office, and laundry room as well as outdoor spaces.

“We are thrilled to be working with Twin Pines Housing on this senior affordable financing transaction.   This is Boston Capital Finance’s first closing in Vermont, and we are very pleased to be adding the property to our growing Northeast portfolio of loans,” said Sean Curry, Partner, and Director of Investments and Originations.  

Partner and Director of Underwriting Bill Fazzano remarked, “Woodstock is such a special place and I’m very happy to be financing a property in this iconic location”.

Boston Capital Finance

Boston Capital Finance is a Boston, Massachusetts based boutique affordable lender with offices in Charleston, South Carolina and Phoenix Arizona.  Founded in 1994 the firm 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 and has closed over $4.5 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