Boston Financial FY25 Annual Report

As the longest-standing LIHTC syndicator with an exclusive focus on affordable housing, Boston Financial continues to be a principled, trusted partner for institutional investors who invest in LIHTC for Community Reinvestment Act (CRA) purposes, or to create social impact while receiving attractive, risk-adjusted returns. In fiscal year 2025, we raised over $700 million in LIHTC equity and closed two national multi-investor funds and brought more investors and developers into our portfolio. Our work this past year led directly to 50 multifamily properties being built or substantially renovated, which means more than 4,600 affordable homes for people who need them.