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Projects

THE IPSWICH HOUSING AUTHORITY, IN A JOINT VENTURE WITH HARBORLIGHT COMMUNITY PARTNERS, INC., FINANCES THE RENOVATION OF AN FHA-INSURED MULTIFAMILY SUPPORTIVE AFFORDABLE HOUSING PROJECT FOR SENIORS AND FAMILIES IN IPSWICH

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Congratulations to the Ipswich Housing Authority and Harborlight Community Partners, Inc. in closing the financing of Agawam Village, which will finance the renovation of a multifamily affordable housing project at 95 County Road a/k/a 2-52 Agawam Village in Ipswich....

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METRO NORTH HOUSING CORP, IN COLLABORATION WITH BREAD OF LIFE, INC, FINANCES THE ACQUISITION AND FINANCING OF A MULTIFAMILY AFFORDABLE HOUSING PROJECT AND FOOD  PANTRY IN MALDEN

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Congratulations to Metro North Housing Corp. in closing the financing of Unit 2 of the 54 Eastern Malden Condominium Trust, which will finance the construction of a multifamily affordable housing project at 54 Eastern Avenue in Malden. Through financing from Eastern...

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HARBORLIGHT COMMUNITY PARTNERS, INC. FINANCES THE CONSTRUCTION OF A MULTIFAMILY AFFORDABLE HOUSING PROJECT  FOR FAMILIES AND SENIORS IN ROCKPORT

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Congratulations to Harborlight Community Partners, Inc. in closing the financing of Granite Street Crossing, which will finance the construction of a multifamily affordable housing project at 5 Granite Street in Rockport. Through financing from Eastern Bank and...

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PROJECTS

GROUNDBREAKING CEREMONY FOR HAYWOOD HOUSE

Congratulations to the Newton Housing Authority on the ceremonial groundbreaking for Haywood House, a 55-unit affordable residential building for seniors at 111 JFK Circle Newton, Massachusetts. On April 27, 2021, the following lenders provided loans in the aggregate...

MARION VILLAGE ESTATES REFINANCES FHA-INSURED AFFORDABLE HOUSING

Congratulations to Marion Village Estates LLC in closing a $3,832,200.00 loan from ORIX Real Estate Capital, LLC in order to refinance the property at Front Street in Marion, Massachusetts. Marion Village Estates provides 60 units of affordable rental housing to the...

GROUNDBREAKING CEREMONY FOR DRACUT CENTRE SCHOOL

Congratulations to Coalition for a Better Acre, Inc. on the ceremonial groundbreaking for Dracut Centre School, a new 9-unit affordable residential building in the historic school building at 11 Spring Park Avenue, Dracut, Massachusetts. On April 15, 2021, Coalition...

EASTERN BANK CLOSES TAX EXEMPT MULTIFAMILY HOUSING BOND FINANCING

Congratulations to Eastern Bank in closing a $10.5MM loan for the benefit of Cabot Housing LLC, an affiliate of the Young Men’s Christian Association of the North Shore, Inc. Eastern Bank purchased tax exempt bonds from Massachusetts Development Finance Agency and...