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The Schochet Companies News

Press releases, events, and related news.

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Fenway CDC and Schochet close $53 million Tax Credit Equity and Construction Financing for Newcastle Saranac Apartments

Boston, MA July 21, 2020 - Fenway Community Development Corporation (Fenway CDC), working in collaboration with the Schochet Companies, closed on Tax Credit Equity and construction financing for the Newcastle Saranac Apartments, a 97-unit development in the South End/Lower Roxbury neighborhood in Boston. Fenway CDC is a Boston based nonprofit organization that works to preserve the Fenway as a vibrant and diverse neighborhood by developing affordable housing, providing programs that enrich lives, and strengthening community voices.

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South End Mixed-Income Housing Community Will Undergo Major Renovation and the Preservation of Affordability with $30.3 million in MassHousing Financing

The 97-unit Newcastle Saranac is being redeveloped by the Fenway CDC in partnership with the Schochet Companies