Frost Terrace

Redevelopment of 1791 Mass Ave into 100% Affordable Family Housing

1791 Massachusetts Avenue, 1 and 2 Frost Terrace, Cambridge, MA 02140

1791massave.com

  • # of Homes: 40

  • Year Redeveloped: Currently under construction, estimated completion Winter 2020

  • Developer: Capstone Communities LLC and Hope Real Estate Enterprises LLC

  • Capstone Role: Developer

    • Construction: Keith Construction, Inc.

    • Architecture: Bruner/Cott Architects

  • Financing:

      • Massachusetts Housing Investment Corporation Permanent Loan

      • Rockland Trust Company Construction Loan

      • Federal 9% Low Income Housing Tax Credit Equity (Stratford Capital Group)

      • Cambridge Affordable Housing Trust

      • Department of Housing and Community Development Funding