Stratford Capital Group Ribbon Cutting Pembroke Road Apartments Phase I
Stratford Capital Group ribbon cutting and completion of Pembroke Road Apartments Phase I, Paving the Way for Affordable Housing in Concord, NH
Concord, NH – Stratford Capital Group is thrilled to announce the successful completion of Pembroke Road Apartments Phase I, a landmark project set to transform the housing landscape in Concord, New Hampshire. This development, located at 195 Pembroke Road, offers 39 brand-new, safe, and affordable two-bedroom apartments, fulfilling a critical need for quality housing in the region.
This milestone is a testament to the power of collaboration and shared vision. Stratford Capital Group joined forces with Tamposi Brothers Holdings, TD Bank, and New Hampshire Housing to bring this project to fruition. With an impressive $7.88 million in Low-Income Housing Tax Credit (LIHTC) equity investments arranged by Stratford Capital Group and crucial financing from our partners, this project is a shining example of what can be achieved through strategic partnerships.
Rob Dapice, CEO of New Hampshire Housing, praised the initiative, stating, “The Pembroke Road Apartments project is a significant step towards addressing the urgent need for safe and affordable housing in New Hampshire. The collaboration with Stratford Capital Group and other esteemed partners has made this vision a reality.”
Looking ahead, Stratford Capital Group is excited to support the upcoming Phase II of Pembroke Road Apartments. This ambitious expansion will introduce 84 additional affordable housing units, further solidifying our commitment to fostering vibrant communities where families can thrive.
As a leader in affordable housing development, Stratford Capital Group is dedicated to creating sustainable living environments that enhance the quality of life for residents. Our commitment to excellence and community development is unwavering, as we continue to spearhead projects that make a real difference.
For more information on our projects or to inquire about future collaborations, please visit our website or contact our team directly. Together, we are building a brighter future for Concord and beyond.
About Stratford Capital Group, LLC:
Stratford Capital is a national Low-Income Housing Tax Credit syndication firm, and is headquartered in suburban Boston, Massachusetts. The principals of Stratford Capital have over 100 years of combined experience in all aspects of Low-Income Housing Tax Credit investment, asset and fund management. Stratford Capital’s current multifamily rental housing portfolio consists of over 35,000 affordable apartment units located in thirty-eight states and the District of Columbia.
About Tamposi Brothers Holdings, LLC:
Tamposi Brothers Holdings and its affiliates are a family-held real estate development group focused on creating affordable housing in markets with a critical need for housing opportunities. Since 2020 alone, the principals of Tamposi Brothers Holdings have spearheaded development efforts including five 40B projects in Massachusetts, two twinned LIHTC projects in New Hampshire, the acquisition/rehab and renewal of a HAP project in New Hampshire serving people with disabilities, as well as several other projects in progress.
About New Hampshire Housing:
New Hampshire Housing is a self-supporting public corporation that promotes, finances, and supports housing solutions for the people of New Hampshire. We have helped more than 55,000 families purchase their own homes and have been instrumental in financing the creation of more than 16,000 multifamily housing units.