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Boston Capital became one of the largest apartment owners in the US with a little help from Uncle Sam. Boston Capital takes advantage of federal tax credits, which it packages into public investment funds in exchange for developing apartment complexes targeted at low-income tenants. Subsidiary Boston Capital Finance originates construction and mortgage loans for low income housing developments its parent owns. The company, founded in 1974, has a controlling interest in about 168,000 apartments in 48 states, Puerto Rico, and the US Virgin Islands.
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Address: |
1 Boston Place
Boston, MA 02108
| | Phone: | 617-624-8900 | | Fax: | 617-624-8999 |
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| Financial
Highlights | | Fiscal Year End: | March | | Revenue (2008): | 0.20 M | | Employees (2008): | 2 |
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Key People
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President and CEO:
John P. (Jack) Manning
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EVP, COO, and Director of Real Estate:
Jeffrey H. (Jeff) Goldstein
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SVP and CFO:
Marc N. Teal
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