Maverick Landing Community Services

Maverick Landing Community Services enhances the lives of children, youth, and families

Business Model: Services

Revenue: $0

Employees: 1-10

Rankings

Detailed Maverick Landing Community Services Information

Geographic Data

Maverick Landing Community Services headquarters map

Address:

City: East Boston

State: Massachusetts

Zip:

Country: United States

Financial Info

Stage:

grant

Raised Last:

$15k

Raised Total:

$15k

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0Website Monthly Traffic

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Description

This was the common sentiment among the major partners when in 2001 The Boston Housing Authority was awarded a HOPE VI grant for the redevelopment of the Maverick Gardens public housing development (which was renamed Maverick Landing). A large part of this “blessing” was the HOPE VI grant and the 12 additional sources of financing (including state and city support). In addition, the developers received $50 million in equity funds—much more than the $43 million they expected. These additional funds, combined with the fact that there were no major glitches in the demolition or construction of the community, enabled the developers to make many upgrades throughout the project. New construction of the rental units was completed in December 2006. Maverick Landing Community Services (MLCS) was established in 2007 to serve the residents of the newly completed development and the surrounding East Boston Community.

Contact Phone:

Contact Email:

Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
12/2018 Grant 1 $15k The Boston Foundation
The Boston Foundation
Announced Date Name Price

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