ALEXANDER-MAGNOLIA COOPERATIVE


Project Description: Thirty-eight  (38) unit cooperative

Location: North Dorchester, MA.

Developer: Dorchester Bay Economic Development Corp.

Construction Cost: $3,700,000

Client: The Boston Company

Services Provided: Provided evaluation of risk vs. return potential associated with equity tax credit investment opportunity including review of the following: Developer Qualifications; MHIC Loan Policies; MHIC Investment Summary; Rules and Regulations for the operation of the Neighborhood Housing Trust; Limited Partnership Documents; Offering Statement; Development and Operating proformas; Tax Benefits Forecast; Tax Opinions and prepared report with recommendations to client

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