HNEF I is fully invested in a portfolio of nine projects in greater Boston for a total of $21.3 million. Investments are in Boston (5), Chelsea, Braintree, Haverhill and Beverly. Seven are completed and are either operational or in lease-up, and one Boston project, Treadmark, has successfully exited the fund.

These nine investments have leveraged an additional $144 million in private and public investments in low- and moderate-income neighborhoods, resulting in the creation of 586 new mixed-income homes and 139,423 square feet of commercial space.