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