March 26th 2026 – Boston Capital Finance (BCF) is pleased to announce the opening of the $75 million Boston Capital Long Term Mortgage Fund VII.  Fund VII will provide fixed rate forward permanent loan commitments for 9% taxable LIHTC and attainable housing developments.

“Fund VII is a continuation of our ongoing efforts to provide a competitive non-agency loan product to our developer partners. This private placement, balance sheet loan product allows for best in class service and terms,” said Sean Curry, Partner, and Director of Originations and Investments. 

“We are very pleased to bring Fund VII to the 9% LIHTC and attainable housing market. The Fund has a unique re-rate lock feature allowing developers to re-lock interest rates at stabilization should the 10-Year Treasury benchmark be trading lower at that time. With all of today’s headwinds building quality affordable housing units, we are pleased to offer this feature to our developer partners,” said Bill Fazzano, Partner, and Director of Underwriting. 

Boston Capital Finance

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 $4.7 billion of affordable bonds and loans.  For more information, please visit our website at www.bostoncapital.com.

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

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

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

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