What is Madison Park Development?
Madison Park Development Corporation, established in 1966, is a non-profit entity dedicated to fostering affordable housing solutions for low and moderate-income populations within the Roxbury community. Its comprehensive service portfolio encompasses real estate development, homeownership assistance programs, asset management, and commercial leasing. Beyond its core housing initiatives, the organization actively contributes to community enrichment and cultural preservation through events hosted at its Hibernian Hall and Dewitt Center facilities. The company's mission is deeply rooted in providing essential support services and housing opportunities to local residents.
How much funding has Madison Park Development raised?
Madison Park Development has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Madison Park Development
PPP
Public-Private Partnership
What's next for Madison Park Development?
The recent strategic investment signals a pivotal moment for Madison Park Development, likely enabling the expansion of its affordable housing projects and community support services. As a non-profit organization operating in a late-stage funding environment, this capital infusion is expected to bolster its capacity to address the ongoing demand for housing and community engagement initiatives. Future endeavors will likely focus on scaling its development pipeline, enhancing existing programs, and potentially exploring new avenues for community impact, solidifying its long-term sustainability and influence.
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