Richter Restrepo PLLC is proud to announce the successful closing and groundbreaking of the Closter Village School Commons 4% tax credit affordable housing development project with our client, Mastermind Development. 🎉🏗️

This transformative project reimagines and adapts a 120-year-old historic school into 35 quality affordable homes for working families—preserving the character, heritage, and fabric of the Closter community while creating much-needed housing opportunities.

A special congratulations to Co-Managing Member Juan C. Restrepo, Esq., for leading the project as Project Counsel, and to all parties whose dedication made this milestone possible: Lenders, syndicators, Closter Village, the Project's architect and engineers, the general contractor, counsels, finance consultants, and the entire Mastermind Development project team.

Your tireless work over the past two years turned a bold vision into an inspiring reality. Here’s to the continued success of Closter Village School Commons and to building stronger communities through thoughtful, community-centered development.

#AffordableHousing #HistoricPreservation #CommunityDevelopment #ClosterVillage #MastermindDevelopment #JuanCRestrepo #RichterRestrepo #HousingOpportunities #Teamwork

Published January 22nd, 2026