Hano Homes
1 Hano St
Boston, Suffolk County, Massachusetts 02134

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Funding Programs

Hano Homes was developed and operates with Federal housing financing. The property utilizes 2 Federal housing programs to make rent affordable to lower income tenants. These programs are Low Income Housing Tax Credit and HOME.

Low Income Housing Tax Credit

The property was developed using the Low Income Housing Tax Credit Program. This program incentivizes investors to inject capital into rental apartments for lower income Americans. The property received a tax credit allocation in 2001. The property was placed in service in 2003. 15 of 20 units at Hano Homes are low income and subject to the tax credit program. The property, at the time of the tax credit allocation, was located in a Qualified Census Tract and a Difficult Development Area qualifying it for additional tax credit financing.

HOME Investment Partnership

The property was financed in part with financing through the Federal HOME Investment Partnership Program. 15 of the 20 total units at Hano Homes are assisted under the HOME program.


Hano Homes is an affordable apartment community located in Boston, Massachusetts which is located in Suffolk County. The property is located in Massachusetts's 7th Congressional District served by Representative Michael Capuano (D), Senator Elizabeth Warren (D) and Senator Edward Markey (D).

Hano Homes is an apartment community containing 20 rental units. This property serves all family types. The property contains 50 bedrooms and based on typical apartment occupancy limits, Hano Homes is home to not more than 100 persons when fully occupied.

Rental Subsidies

This property does not provide any Federal rent subsidies to renters reducing total tenant payments to 30% of their adjusted income. Renters are required to pay the full rent, even if it is in excess of 30% of their income. In some cases the property may accept Section 8 Housing Choice vouchers.

Unit Mix

Hano Homes contains a mix of 20 assisted two and three bedroom apartments for rent. There are 10 Two Bedroom and 10 Three Bedroom apartments in this property. The unit mix is 50% Two Bedroom and 50% Three Bedroom apartment rentals. The average bedroom size for Hano Homes is 2.5.

Massachusetts's 7th

Congressional District


Total Units


Tax Credit Units


HOME Units

Two and Three

Unit Mix


Average Bedroom Size

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† These counts are estimates based on the data available from HUD. Learn More About Our Data