Boston Capital Corporation was a PIONEER in the affordable housing industry. Since our founding in 1974, we have navigated the GROWTH and EVOLUTION of this all important asset class. Today, through the power of Boston Capital Finance we provide construction-to-permanent financing on properties in the low-income housing tax credit sector. Our national lending footprint and seasoned underwriting team has a proven track record of SUCCESS.
BCF was founded in 1994 and provides construction-to-permanent financing on properties that have or will obtain low-income housing tax credits. BCF owned and managed by Jack Manning, Kevin Costello, Bill Fazzano and Sean Curry has closed over $3.8 billion of affordable bonds and loans. We provide tax exempt construction to permanent bond financing as well as fixed rate forward conventional loan funding. We work with some of the largest capital partners in the market. Through these partnerships, we are able to offer the best of both worlds, certainty of delivery on executions coupled with a boutique borrower focused lending group. We originate, underwrite, close and service all bonds and mortgages.
The BCF team has extensive experience in all phases of tax credit financing, spanning 30+ years as lenders. As you consider your next transaction, please let our seasoned team assist you in providing the most optimal solutions to all of your attainable housing finance needs!
Offices in…Boston, MA, Charleston, SC and Phoenix, AZ
What we do
- 4% private placement construction to permanent bonds, 40-year amortizations
- 9% private placement fixed rate forward delayed loans, 40-year amortizations
Originate underwriting and services all in house
Ground up development or in place preservation
Non-agency throughout the borrowing and loan lifecycle