Curtis Apartments Redevelopment
Update
05/03/24
Financing Secured for Phase One of Curtis Apartments Redevelopment in Worcester
Massachusetts Housing Investment Corporation has announced the closing of financing for Phase One of Trinity Financial's redevelopment of the Curtis Apartments in Worcester. Funding includes a $41 million LIHTC and $13.6 million State LIHTC investment. This project is the first phase of a comprehensive, four-phase master-planned redevelopment for the entire Worcester Housing Authority-owned Curtis Apartments site, which will produce 129 new residential apartments in two four-story buildings. Upon completion, the collective four-phase effort will yield 527 units of housing, 70% of which will be replacement public housing units and 30% of which will be affordable housing LIHTC units at or below 60% AMI and 80% AMI.
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