Trinity Northampton Phase One Limited Partnership will acquire and renovate a 29-story rental housing complex on Northampton Street in Boston with a $27.8 million MassDevelopment bond.
Project Sponsor Trinity Financial will renovate the main entryway and lobby; build a corridor to connect 35 Northampton St. and 860 Harrison Ave.; create about 5,500 square feet of office space; install energy-efficient fixtures in kitchens, bathrooms; and lighting systems; and build 11 handicapped-accessible units.
The building at 35 Northampton St., known as Northampton Tower, will have 245 apartments. Roughly 75 percent of those apartments will be affordable to households earning up to 60 percent of the area median income, with about 25 units for homeless households. TD Bank purchased the bond.
