October 2, 2024 – Boston Capital Finance (BCF) is pleased to announce the closing of a construction to permanent tax-exempt bond. The Springs is a to-be-built 304-unit affordable housing apartment complex located in San Marcos, TX.  

“We have closed numerous bonds and loans in Texas and The Springs is another example of our commitment to attainable lending in the state. This property, situated on 12.6 acres, will bring much needed affordable housing options to families in the area.” said Sean Curry, Partner and Director of Originations and Investments.  “San Marcos’s proximity to both Austin and San Antonio are driving the city’s rapid population growth. Attainable housing is very much needed and The Springs is perfectly planned to aid in that regard” said Bill Fazzano, Partner and Director of Underwriting and Asset Management.

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 $3.9 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 and Asset Management 617-331-4098, bfazzano@bostoncapital.com