LIHC Investment Group donates ownership stake in Close Building to Just-A-Start Corporation
Boston, MA LIHC Investment Group, one of the nation’s largest owners of affordable housing, has donated its ownership stake in the Close Building to Just-A- Start Corporation , a community development corporation focused on the preservation and expansion of affordable housing opportunities in Cambridge and nearby communities. “Just-A-Start has been an invaluable partner in the Close Building, and under their stewardship the property will be preserved and maintained as affordable housing for tenants and the community for generations to come,” said Andrew Gendron, principal, LIHC Investment Group. “Quality, affordable housing is the foundation of healthy neighborhoods and this donation will allow Just-A-Start to continue and expand its mission in a very tight housing market .” “This generous donation assures the preservation of this property as affordable housing,” said Deborah Ruhe, executive director of Just-A-Start. “We will leverage this donation to support renovations and upgra...