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 Issue of April 14, 2008 
   

Developers Scrambling For Cash

The redevelopment of the former Blessed Sacrament Church in Boston’s Jamaica Plain neighborhood into mixed-income housing has been stalled as the developer seeks low-income housing tax credit investors.
By Aglaia Pikounis
Developers who’ve relied on a federal tax credit program to build low-income rental housing are scrambling to secure more financing for projects.

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