Enclave at Louetta

June 17, 2025

June 17, 2025 – Boston Capital Finance (BCF) is pleased to announce the closing of a $67 million construction to permanent tax-exempt multifamily bond. Enclave on Louetta is a to-be-built 358-unit affordable housing apartment complex located in Harris County, Texas.   The development will consist of four, 3 and 4 story garden style apartments and will be situated on 15.7 acres.  The property will include 622 surface parking spaces, a clubhouse, fitness area, swimming pool, dog park and learning center.

“BCF is committed to providing financing solutions on affordable multifamily developments in the state of Texas.  Enclave on Louetta is another example of our commitment to attainable lending in the state.  We are thrilled to again be working with Streamline Advisory Partners on this development,” said Sean Curry, Partner and Director of Originations and Investments. 

“I toured the site in March and found it to be well-suited for the subject development. Harris County has seen rapid population growth. Attainable housing is very much needed and Enclave on Louetta is perfectly planned to aid in that regard,” said Bill Fazzano, Partner and Director of Underwriting.

 

Streamline Advisory Partners 

Streamline Advisory Partners is a privately-owned real-estate development company specializing in affordable multifamily communities utilizing Section 42 LIHTC.  Partners Mark Gregg and Joel Pollack have grown the firm to the 5th ranked affordable developer by unit development in the country as recognized by Affordable Housing Finance in 2024.

 

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. To date, BCF has closed over $4.4 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