Boston Capital's $900M in Housing
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|We snapped Jack Manning, CEO of Boston Capital, who co-founded the privately held firm with Herb Collins (in ?74). Meeting in his office last spring, he said that the company had $600M in equity to spend on developing $900M in residential (mostly affordable housing) around the US. With low income housing tax credits as a basis of their business model, they threw off the recessionary doldrums in the summer of '10 and have been crankin? ever since.|