Boston Financial closes $83 Million California Multi-Investor Fund

Boston Financial Investment Management (“Boston Financial”) today announced the close of an $83 million Low Income Housing Tax Credit (“LIHTC”) fund, Boston Financial California Fund II, Limited Partnership (“BF CA II”). BF CA II is comprised of eight tax credit investments that will finance more than 600 affordable housing units of six multifamily properties and two senior living communities for those across the state earning up to 60% of Area Median Income.