April 14, 2025 – Boston Capital Finance (BCF) is pleased to announce the closing of another fixed rate forward taxable affordable loan.  

The development, Blue Creek Apartments, a new construction apartment complex in Jackson, Tennessee, will house 54 affordable units serving families at 60% AMI.

“We are thrilled to be working with the Tennessee Housing Development Corporation.   Quality affordable housing is in great need in Jackson, Tennessee and Blue Creek Apartments is perfectly designed to aid in that regard,” said Sean Curry, Partner, and Director of Investments and Originations.

Partner and Director of Underwriting Bill Fazzano remarked, “the market metrics on this transaction are very strong. The market is very well tenanted and in need of further affordable housing options.”

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 $4.3 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