Boston Financial FY26 Annual Report

Boston Financial is the longest-standing LIHTC syndicator, with a platform built on almost
60 years of investment opportunities exclusively in affordable housing. We have worked with
more than 200 institutional investors to build and preserve affordable housing nationwide
through low-income housing tax credit (LIHTC) and preservation equity funds. Boston
Financial has a decades-long track record of outperforming yield objectives by prioritizing a
proactive credit and risk management culture. Our long-term relationships with thousands
of experienced affordable housing developers are at the core of our diverse fund offerings
and national impact.

In fiscal year 2026, we raised over $1.25 billion in equity. Our work this past year led directly to 50+ affordable housing communities being built or substantially renovated, which means more than 5,000 affordable homes for people who need them.