Boston Capital Invests in 61-Unit Affordable Community in Maine

WESTBROOK, Maine — Boston Capital has invested in the development of Robert L. Harnois Apartments, a 61-unit affordable housing development for seniors in Westbrook, a suburb of Portland.

The general partner is Westbrook Development Corp., based in Westbrook. Robert L. Harnois Apartments will serve seniors ages 62 or older earning 60 percent or less of the area median income (AMI).

The five-story property is located near public transportation, a retail center and supportive services.

Robert L. Harnois Apartments is Phase II of the adjacent Larabee Village, a 150-unit seniors housing project also developed by Westbrook Housing. An additional 30-unit building for seniors is scheduled for completion in 2022.

The apartment community will be built with tax credit equity from the Low Income Housing Tax Credit (LIHTC) program.