McElwain School Apartments

Historic Redevelopment of the McElwain School and 242 Main Street into Mixed-Income Family Housing

mcelwainapts.com

242, 250A and 250B Main Street, Bridgewater, MA 02324

  • # of Homes: 57

  • Year Redeveloped: 2023

  • Developer: Capstone Communities Development LLC and MPZ Development LLC

  • Capstone Role: Developer

  • Architecture: Prellwitz/Chilinski Associates, Inc.

  • Financing:

    • Town of Bridgewater Community Preservation Act

    • EOHLC subsidies

    • MHP permanent loan

    • MHIC LIHTC and HTC tax credit equity

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